Cheap 1 Bedroom Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $200 (126 Rentals) Page 2 of 3

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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.

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property at 331 N 26th St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

331 N 26th St

LouisvilleKY40212

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.

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Zion Manor
1 Bedroom Apartments

Zion Manor

2201 W Muhammad Ali BlvdLouisville, KY 40212
Senior Living
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The Friary
1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
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St. Cecilia Apartments
1 Bedroom Apartments

St. Cecilia Apartments

2530 Slevin StLouisville, KY 40212
Senior Living
  • Utilities Included
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1026 S 4th St
1 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included

Downtown Louisville - One of the Best Affordable Neighborhoods in Louisville

Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

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Vue at 3rd Street
1 Bedroom Apartments

Vue at 3rd Street

537 S 3rd StLouisville, KY 40202
Senior Living
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
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Highland Flats
1 Bedroom Apartments

Highland Flats

1204 Bardstown RdLouisville, KY 40204
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Bellevue Arms
1 Bedroom Apartments

Bellevue Arms

4652 Bellevue AveLouisville, KY 40215
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Kenwood Arms
1 Bedroom Apartments

Kenwood Arms

104 Kenwood CtLouisville, KY 40214
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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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Cavalier Apartments
1 Bedroom Apartments

Cavalier Apartments

1245 S 4th StLouisville, KY 40203
Student Housing
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1386 S 3rd St
1 Bedroom Apartments

1386 S 3rd St

1386 S 3rd StLouisville, KY 40208
Student Housing
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Schiller Terrace
1 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
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Imperial Arms
1 Bedroom Apartments

Imperial Arms

4816 S 3rd StLouisville, KY 40214
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Showing Results 51-100, Page 2 of 3

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 $755.

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 $1,422.

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 247 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 $318 which is $1,104 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.

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.

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

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.

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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.