
Cheap Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $400 (306 Rentals) Page 2 of 7
Search the lowest-cost Apartments available for rent right now in the Downtown Louisville area of Louisville.


1228 S Brook St

The Quad

309 W Whitney Ave

Germantown Village Apartments

Heritage Green Apartments

2216 W Main St

117 N 29th St

728 S 35th St

1204 Lexington Rd
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.

Total Monthly Price
Patriot Derby (FKA Vesta Derby Oaks)

421 S 27th St

2317 Ratcliffe Ave

3523 Georgetown Pl

Cathedral Commons

1361 S Brook St

2119 Grinstead Dr

2300 W Madison St

2235 1/2 S Shelby St

1702 S 2nd St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
The St. Francis Apartments

Beecher Family

1330 Olive St

2634 Garland Ave

305 W Whitney Ave

Total Monthly Price
2433 Slevin St, Unit 2

2433 Slevin St

Heights at Audubon Park

Painters Row

Crescent Centre Apartments & Townhomes
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

1709 Valley Forge Way

Cardinal Village Apartments

Colonial Oaks Apartments

The Edwin

Jefferson Properties

The Cornerstone

1428 Rufer Ave

2922 Bank St

4046 Taylor Blvd

224 E Oak St
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.

2807 Dumesnil St

1908 W Market St

3701 Powell Ave

2729 W Chestnut St

214 N 24th St

2634 Garland Ave

Flats on Fifth

4013 Taylor Blvd

119 E Oak St

Lucia Apartments
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.
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 | $1,095 | $200 | $2,989 |
| Downtown Louisville 1 Bedroom Apartments | $1,332 | $200 | $3,444 |
| Downtown Louisville 2 Bedroom Apartments | $1,510 | $550 | $4,449 |
| Downtown Louisville 3 Bedroom Apartments | $1,440 | $682 | $5,216 |
| Downtown Louisville 4 Bedroom Apartments | $1,406 | $689 | $6,504 |
Browse Apartments in this Neighborhood
There are currently 306 rentals with your search options within a 2 mile radius of the Downtown Louisville Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
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 $795.
What is the price of a cheap apartment in Downtown Louisville?
The cheapest apartment in Downtown Louisville is Iroquois Green which is listed at $755, while the average apartment in Downtown Louisville costs $1,305.
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 128 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 $513 which is $792 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

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.

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.

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.

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.