
Cheap 2 Bedroom Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $525 (123 Rentals)


Crossings at Mill Creek

1743 Sonne Ave, Unit Apt. #1

2614 W Jefferson St, Unit 4

2614 W Jefferson St

3755 Southern Pkwy

2228 W Madison St

Furlong Apartments

535 E Kentucky St, Unit 2F

1361 S Brook 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.

421 S 27th St

527 S 20th St

2300 W Madison St

701 Hazel St

3417 Hale Ave

2407 W Jefferson St

2317 Ratcliffe Ave

Heritage Green Apartments

Jefferson Properties

2916 Portland Ave
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.

By the Park

Total Monthly Price
Patriot Derby (FKA Vesta Derby Oaks)

The Chalet Village Apartment Community

Beechmont Townhomes

509 N 31st St

1262 S Shelby St

624 Dresden Ave

The Edwin

The Cornerstone

1516 Hepburn Ave
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.

Total Monthly Price
Cardinal Village Apartments

Beecher Terrace Apartments

Cathedral Commons

Total Monthly Price
Crescent Centre Apartments & Townhomes

1417 Nightingale Rd

Total Monthly Price
1445 Nightingale Rd, Unit 4

2631 W Madison St

3019 Penway Ave

1917 W Madison St

4108 S 3rd St
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.

Montgomery Apartments

653 Lynn St

119 E Oak St

1702 S 2nd St

Hampton Place

211 N 32nd St

Poplar Terrace

319 W Lee St

Flats on Fifth

Total Monthly Price
1221 S 4th St, Unit 2
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 | $1,144 | $200 | $2,391 |
| Downtown Louisville 1 Bedroom Apartments | $1,294 | $200 | $3,607 |
Downtown Louisville 2 Bedroom Apartments | $1,506 | $525 | $4,845 |
| Downtown Louisville 3 Bedroom Apartments | $1,671 | $697 | $6,863 |
| Downtown Louisville 4 Bedroom Apartments | $2,279 | $629 | $10,000+ |
Explore Louisville
Downtown Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 #9
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 $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 $1,350.
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 261 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 $391 which is $959 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.