429 Heywood Ave
LouisvilleKY40208
Cheap Homes for Rent in Churchill Downs Neighborhood of Louisville, KY from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Churchill Downs area of Louisville.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
411 Iowa Ave
LouisvilleKY40208
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1464 S 9th St
LouisvilleKY40208
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1464 S 9th St
LouisvilleKY40208
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
2813 S 5th St
LouisvilleKY40208
3936 Rankin St
LouisvilleKY40214
1224 Central Ave
LouisvilleKY40208
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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 | $1,231 | $1,100 | $1,350 |
| Churchill Downs 3 Bedroom Homes for Rent | $1,436 | $1,065 | $1,795 |
| Churchill Downs 4 Bedroom Homes for Rent | $1,770 | $1,250 | $2,600 |
| Churchill Downs 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Churchill Downs 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Churchill Downs Neighborhood of Louisville, KY.
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Churchill Downs, Louisville, KY Local Guide
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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 Studio unit found at Vue at 3rd Street priced from $799. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Churchill Downs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vue at 3rd Street | Studio | Studio,1BA | $799 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| 800 Towers Apartments | Studio | Studio,1BA | $865 |
Best Value Apartments for Rent in Churchill Downs, KY
As of May 20, 2025 the best value apartment in the Churchill Downs area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Churchill Downs apartment is the Belmont Model at Derby Row | Student Housing starting at $999 with a $1.22 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. |
|---|---|---|---|
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
| Station House Apartments | The Captain | 2BR,2BA | $1.58 |
| Crescent Centre Apartments & Townhomes | One Bedroom-615 sqft | 1BR,1BA | $1.63 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.43 |
| The Edwin | 1 Bedroom 1 Bath | 1BR,1BA | $1.80 |
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
| Heritage Green Apartments | The Single | 1BR,1BA | $1.73 |
| Flats on Fifth | The Volstead | 1BR,1BA | $2.15 |
| Vue at 3rd Street | 1 Bedroom Junior | Studio ,1BA | $2.09 |
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Frequently Asked Questions about Churchill Downs
What type of rentals are currently available in Churchill Downs?
There are currently 124 Apartments for Rent in Churchill Downs, KY with pricing that ranges from $675 to $2,395. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Churchill Downs ranging from $600 to $3,900.
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 $600 to $3,900 with an average monthly rent of $2,080.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.