720 Hardy Ave
LouisvilleKY40208
Cheap Homes for Rent in Churchill Downs Neighborhood of Louisville, KY from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Churchill Downs area of Louisville.
1438 S 7th St
LouisvilleKY40208
414 M St
LouisvilleKY40208
917 Roadway Ave
LouisvilleKY40208
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2111 7th Street Rd
LouisvilleKY40208
3107 Montana Ave
LouisvilleKY40208
409 W Gaulbert Ave
LouisvilleKY40208
409 W Gaulbert Ave
LouisvilleKY40208
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Churchill Downs, Louisville, KY Local Guide
How much does it cost to rent a home in Churchill Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Churchill Downs 2 Bedroom Homes for Rent | $1,185 | $750 | $1,500 |
| Churchill Downs 3 Bedroom Homes for Rent | $1,430 | $1,000 | $1,800 |
| Churchill Downs 4 Bedroom Homes for Rent | $1,571 | $1,395 | $1,945 |
| Churchill Downs 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Churchill Downs Neighborhood of Louisville, KY.
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Cheapest Available Churchill Downs Apartments for Rent
The cheapest available apartment rental in the Churchill Downs area of Louisville, KY is a 1 Bed unit found at Cardinal Village Apartments priced from $899. Station House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Churchill Downs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $899 |
| Station House Apartments | The Firemark | 1BR,1BA | $1,000 |
| Trifecta | A1 | 1BR,1BA | $1,121 |
Best Value Apartments for Rent in Churchill Downs, KY
As of April 10, 2026 the best value apartment in the Churchill Downs area is the $1.01 price per square foot 2 Bed - 2 Bath Model at The Province (KY) in the in the Phoenix Hill neighborhood starting from $899. The second greatest value Churchill Downs apartment is the Thoroughbred Model at Derby Row | Student Housing starting at $859 with a $1.05 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Churchill Downs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 1436 S 3rd St, Unit #4 | 1436 S 3rd St | 1BR,1BA | $1.13 |
| Cardinal Village Apartments | 1x1 2nd/3rd Rehab W/D | 1BR,1BA | $1.72 |
| Station House Apartments | The Firemark | 1BR,1BA | $1.85 |
| Trifecta | A1 | 1BR,1BA | $2.18 |
Frequently Asked Questions about Churchill Downs
What type of rentals are currently available in Churchill Downs?
There are currently 118 Apartments for Rent in Churchill Downs, KY with pricing that ranges from $629 to $4,096. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Churchill Downs ranging from $695 to $2,500.
What is the current price range for Rental Homes in Churchill Downs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Churchill Downs ranges from $695 to $2,500 with an average monthly rent of $1,504.
How much are larger Three and Four Bedroom Rentals in Churchill Downs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Churchill Downs range from $697 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $629.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.