2167 St Johns Pl
LouisvilleKY40210
Cheap Homes for Rent in Downtown Louisville Neighborhood of Louisville, KY from $600 (103 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Louisville area of Louisville.
2163 St Johns Pl
LouisvilleKY40210
2614 W Jefferson St
LouisvilleKY40212
2433 Slevin St
LouisvilleKY40212
3149 Vermont Ave
LouisvilleKY40211
411 Iowa Ave
LouisvilleKY40208
4307 S 3rd St
LouisvilleKY40214
1438 S 7th St
LouisvilleKY40208
856 S 24th St
LouisvilleKY40211
1439 Beech St
LouisvilleKY40211
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3416 W Main St
LouisvilleKY40212
421 S 27th St
LouisvilleKY40212
2300 W Madison St
LouisvilleKY40211
421 S 27th St
LouisvilleKY40212
2057 May Ave
LouisvilleKY40217
2300 W Madison St
LouisvilleKY40211
1145 Louis Coleman Jr Drive
LouisvilleKY40211
629 E Market St
JeffersonvilleIN47130
554 Camden Ave
LouisvilleKY40215
2317 Ratcliffe Ave
LouisvilleKY40210
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.
212 N 25th St
LouisvilleKY40212
666 Eastlawn Ave
LouisvilleKY40211
2335 W Lee St
LouisvilleKY40210
2400 Burwell Ave
LouisvilleKY40210
2706 Algonquin Pkwy
LouisvilleKY40210
451 N 25th St
LouisvilleKY40212
3513 Georgetown Pl
LouisvilleKY40215
2629 Olive St
LouisvilleKY40210
1410 Standard Village Cir
LouisvilleKY40210
2614 Virginia Ave
LouisvilleKY40211
Cash 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.
2512 Cedar St
LouisvilleKY40212
655 S 35th St
LouisvilleKY40211
3215 Greenwood Ave
LouisvilleKY40211
1934 W Madison St
LouisvilleKY40203
1849 W Gaulbert Ave
LouisvilleKY40210
214 N 24th St
LouisvilleKY40212
2634 Garland Ave
LouisvilleKY40211
3215 Virginia Ave
LouisvilleKY40211
3215 Virginia Ave
LouisvilleKY40211
2634 Garland Ave
LouisvilleKY40211
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.
2722 Portland Ave
LouisvilleKY40212
2716 S 6th St
LouisvilleKY40208
1792 W Gaulbert Ave
LouisvilleKY40210
2145 Bank St
LouisvilleKY40212
1618 Ellwood Ave
LouisvilleKY40204
1708 W Gaulbert Ave
LouisvilleKY40210
3019 Penway Ave
LouisvilleKY40210
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$9902 Bedroom Apartments Available Now
823 S 2nd St, Unit 3
823 S 2nd StLouisville, KY 40203
2411 Elliott Ave
LouisvilleKY40211
1768 W Hill St
LouisvilleKY40210
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.
Downtown Louisville, Louisville, KY Local Guide
How much does it cost to rent a home in Downtown Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Louisville 2 Bedroom Homes for Rent | $1,283 | $750 | $3,200 |
| Downtown Louisville 3 Bedroom Homes for Rent | $1,413 | $772 | $4,500 |
| Downtown Louisville 4 Bedroom Homes for Rent | $1,811 | $900 | $3,000 |
| Downtown Louisville 5 Bedroom Homes for Rent | $2,119 | $1,700 | $2,995 |
| Downtown Louisville 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 103 rentals with your search options within a 2 mile radius of the Downtown Louisville Neighborhood of Louisville, KY.
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Downtown Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available Downtown Louisville Apartments for Rent
The cheapest available apartment rental in the Downtown Louisville area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Downtown Louisville apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| AVIA North Shore | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Downtown Louisville, KY
As of May 20, 2026 the best value apartment in the Downtown Louisville area is the $0.48 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $609. The second greatest value Downtown Louisville apartment is the 3 bedroom Model at Big 4 Station Residence starting at $1,295 with a $1.04 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Downtown Louisville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.48 |
| Big 4 Station Residence | 3 bedroom | 3BR,1BA | $1.04 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.80 |
| 1436 S 3rd St, Unit #1 | 1436 S 3rd St | 1BR,1BA | $1.05 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
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 Article
The 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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If you’re an expert on all things Downtown Louisville, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Louisville, Louisville, KY
Ranked #16
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 Downtown Louisville
What type of rentals are currently available in Downtown Louisville?
There are currently 1080 Apartments for Rent in Downtown Louisville, KY with pricing that ranges from $200 to $8,025. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Louisville ranging from $645 to $4,500.
What is the current price range for Rental Homes in Downtown Louisville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Louisville ranges from $645 to $4,500 with an average monthly rent of $1,364.
How much are larger Three and Four Bedroom Rentals in Downtown Louisville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Louisville range from $707 to $6,427, while Three Bedroom Homes, Condos, and Townhomes for rent range from $772 to $4,500. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $629.
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.
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.