Cheap Apartments for Rent in the Cloverleaf Neighborhood of Louisville, KY from $500 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cloverleaf area of Louisville.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Broadleaf Arms
Rent Specials
$804 - $1,115
Total Monthly Price

Total Monthly Price

Base Rent
$804 - $1,115
Total Monthly Price
$804 - $1,115
1 to 2 Bedroom Apartments Available Now

Broadleaf Arms

4519-4523 Broadleaf DrLouisville, KY 40216
Affordability
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  • Customer Reviewed
  • Utilities Included

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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5302 Milner Rd
1 Bedroom Apartments

5302 Milner Rd

5302 Milner RdLouisville, KY 40216
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Meadowood Apartments
2 Bedroom Apartments

Meadowood Apartments

304 Meadowood CtLouisville, KY 40214
  • Utilities Included
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Bellevue Arms
1 to 2 Bedroom Apartments

Bellevue Arms

4652 Bellevue AveLouisville, KY 40215
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The Montair
1 to 2 Bedroom Apartments

The Montair

7739 Brookview DrLouisville, KY 40214
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Hillview Manor
1 to 2 Bedroom Apartments

Hillview Manor

1900 Garrs LnLouisville, KY 40216
  • Utilities Included
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Hillview Manor
1 Bedroom Apartments

Hillview Manor

4226 Hillview AveLouisville, KY 40216
  • Utilities Included

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

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Cloverleaf, Louisville, KY Local Guide

Cheapest Available Cloverleaf Apartments for Rent

 

The cheapest available apartment rental in the Cloverleaf area of Louisville, KY is a Studio unit found at 5310-5312 Milner Rd priced from $550. 5302 Milner Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here are the most affordable Cloverleaf apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
5310-5312 Milner Rd0 Beds, 1 BathsStudio,1BA$550
5302 Milner Rd1 Beds, 1 Baths1BR,1BA$685
Southwood1 Bed, 1 bath1BR,1BA$749
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Yvonne Apartments1BR/1BA1BR,1BA$795
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$800
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$804
Furlong Apartments2 Bedroom/1Bath2BR,1BA$825
KensingtonKYKST 2x1 825sqft - W/D Included2BR,1BA$850

Best Value Apartments for Rent in Cloverleaf, KY

As of June 11, 2026 the best value apartment in the Cloverleaf area is the $0.93 price per square foot Two bedroom Model at By the Park in the in the Jacobs neighborhood starting from $930. The second greatest value Cloverleaf apartment is the 2 Bedroom Model at Pennacook Pointe starting at $995 with a $1.00 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Cloverleaf apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
By the ParkTwo bedroom2BR,1BA$0.93
Pennacook Pointe2 Bedroom2BR,1BA$1.00
4700 Walnut Grove Ave, Unit 14700 Walnut Grove Ave2BR,1BA$0.89
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
KensingtonKYKST 2x1 825sqft - W/D Included2BR,1BA$1.03
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$1.07
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.01
Nichols MeadowsFlats2BR,1BA$1.13
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Cloverleaf, Louisville, KY

Ranked #102

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Cloverleaf, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Western Louisville. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Cloverleaf Apartments

What is the price of a cheap apartment in Cloverleaf?

The cheapest apartment in Cloverleaf is 5302 Milner Rd which is listed at $685, while the average apartment in Cloverleaf costs $1,200.

What types of apartments are the cheapest in Cloverleaf?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Cloverleaf that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cloverleaf?

Cheap apartments in Cloverleaf have an average cost of $224 which is $976 cheaper than the average rent for all rentals in Cloverleaf.

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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

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Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.