Cheap Homes for Rent in Cloverleaf Neighborhood of Louisville, KY from $500 (9 Rentals)

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Search the lowest-cost Homes 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.

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.

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

Best Value Apartments for Rent in Cloverleaf, KY

As of June 20, 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
The Kensington of LouisvilleKYKST 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$1.13

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

How much rent can you afford?

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 #103

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cloverleaf

What type of rentals are currently available in Cloverleaf?

There are currently 180 Apartments for Rent in Cloverleaf, KY with pricing that ranges from $682 to $1,970. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cloverleaf ranging from $550 to $3,000.

What is the current price range for Rental Homes in Cloverleaf?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cloverleaf ranges from $550 to $3,000 with an average monthly rent of $1,238.

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

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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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.