
Cheap 1 Bedroom Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $200 (104 Rentals)


Gateway on Broadway

1349 Olive St

3124 Vermont Ave

3124 Vermont Ave

Total Monthly Price
2409 Rowan St, Unit 3

2409 Rowan St

Total Monthly Price
1704 Rowan St, Unit 3

1704 Rowan St

1829 S 3rd St
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.

629 W Ormsby Ave

Iroquois Green

1039 Parkway Dr

The Chalet Village Apartment Community

210 1/2 W Collins Ct

1443 S 32nd St

519 N 20th St

4401 S 2nd St

1836 Algonquin Pkwy

Vue at 3rd Street
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.

Germantown Village Apartments

1503 S 4th St

4733 S 3rd St

Kenwood Arms

Heritage Green Apartments

2119 Grinstead Dr

1331 S Floyd St

Total Monthly Price
Patriot Derby (FKA Vesta Derby Oaks)

Beecher Terrace Apartments

Total Monthly Price
Chapel House Senior Apartments - Age 62+
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Carpenter Apartments

Flats on Fifth

949 S Shelby St

Total Monthly Price
Cardinal Village Apartments

The Cornerstone

329 E Oak St

Cathedral Commons

Total Monthly Price
Maven @ 806

800 Towers Apartments

Poplar Terrace
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.

Park Edge Apartments

Lofts on Ormsby

Total Monthly Price
Elevate at NULU Apartment Homes

Total Monthly Price
Crescent Centre Apartments & Townhomes

Lofts of Broadway

4501 S 6th St

1401 E Breckinridge St

902 E Jefferson St

Hampton Place
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.
Downtown Louisville, Louisville, KY Local Guide

How much does it cost to rent an apartment in Downtown Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Louisville Studio Apartments | $1,148 | $200 | $2,499 |
Downtown Louisville 1 Bedroom Apartments | $1,293 | $200 | $3,600 |
| Downtown Louisville 2 Bedroom Apartments | $1,479 | $542 | $4,774 |
| Downtown Louisville 3 Bedroom Apartments | $1,690 | $675 | $7,382 |
| Downtown Louisville 4 Bedroom Apartments | $1,813 | $609 | $10,000+ |
Explore Louisville
Downtown Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Louisville, Louisville, KY
Ranked #4
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Louisville, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Louisville Apartments
What is a cheap apartment in Downtown Louisville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Louisville is under $776.
What is the price of a cheap apartment in Downtown Louisville?
The cheapest apartment in Downtown Louisville is Gateway on Broadway which is listed at $542, while the average apartment in Downtown Louisville costs $1,322.
What types of apartments are the cheapest in Downtown Louisville?
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 274 regular apartments in Downtown Louisville 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 Downtown Louisville?
Cheap apartments in Downtown Louisville have an average cost of $418 which is $904 cheaper than the average rent for all rentals in Downtown Louisville.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
