
Cheap Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $400 (305 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in the Downtown Louisville area of Louisville.


715 M St

Total Monthly Price
2607 Preston Hwy, Unit #3

By the Park

Total Monthly Price
1600 Beechwood Ave, Unit 4

1436 S 3rd St

2722 Portland Ave

957 Vine St

2722 Portland Ave

704-706 Roselane St
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!

Grocers Ice Lofts

York Towers Apartments

823 S 2nd St, Unit 3

927 W Whitney Ave

2510 Portland Ave

513 E Ormsby Ave

Beechmont Townhomes

227 W Breckinridge St

1119 Lincoln Ave

Elevate at NuLu Apartment Homes

1035 Baxter Ave

1106 Cherokee Rd, Unit 6

1304 S Brook St

Eclipse

124 W College St

Artspace Lofts

607 St Catherine St

705 Camp St

Avenue Willow

Park Edge Apartments

Grinstead

Maven @ 806

The Avenue in the Highlands

216 W Burnett Ave, Unit 226B

409 N 20th St

615 N 32nd St

216 W Burnett Ave, Unit 226B

Guthrie-Coke Lofts

2906 Montgomery St

1439 Nightingale Rd

524 N 26th St

The Prestonian

J.O. Blanton House - Senior Living

12 College Ct

Montgomery Apartments

2508 Elliott Ave

2325 Woodland Ave

331 N 26th St

2333 Rodman St

Whiskey Row Lofts
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 | $1,507 | $550 | $4,449 |
| Downtown Louisville 3 Bedroom Apartments | $1,444 | $682 | $5,216 |
| Downtown Louisville 4 Bedroom Apartments | $1,406 | $689 | $6,504 |
Browse Apartments in this Neighborhood
There are currently 305 rentals with your search options within a 2 mile radius of the Downtown Louisville Neighborhood of Louisville, KY.
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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.