2416 Sherry Rd
LouisvilleKY40217
Cheap Homes for Rent in Downtown Louisville Neighborhood of Louisville, KY from $500 (91 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Louisville area of Louisville.
2120 St Johns Pl
LouisvilleKY40210
724 Brookline Ave
LouisvilleKY40214
1300 Oakwood Ave
LouisvilleKY40215
2112 St Johns Pl
LouisvilleKY40210
1525 W Ormsby Ave
LouisvilleKY40210
1438 S 7th St
LouisvilleKY40208
669 S 35th St
LouisvilleKY40211
2327 Duncan St
LouisvilleKY40212
514 W Oak St
LouisvilleKY40203
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.
731 Brookline Ave
LouisvilleKY40214
2549 Slevin St
LouisvilleKY40212
1854 W Ormsby Ave
LouisvilleKY40210
524 N 29th St
LouisvilleKY40212
2127 Wilson Ave
LouisvilleKY40210
3409 Vermont Ave
LouisvilleKY40211
3409 Vermont Ave
LouisvilleKY40211
331 N 25th St
LouisvilleKY40212
1509 W Jefferson St
LouisvilleKY40203
1529 Anderson St
LouisvilleKY40210
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.
2127 Grinstead Dr
LouisvilleKY40204
2317 Ratcliffe Ave
LouisvilleKY40210
2823 Garfield Ave
LouisvilleKY40212
2823 Garfield Ave
LouisvilleKY40212
1770 W Oak St
LouisvilleKY40210
1770 W Oak St
LouisvilleKY40210
1710 Herbert Ave
ShivelyKY40216
2509 St Xavier St
LouisvilleKY40212
655 S 35th St
LouisvilleKY40211
1934 W Madison St
LouisvilleKY40203
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.
2531 W Main St
LouisvilleKY40212
1850 McCloskey Ave
LouisvilleKY40210
3215 Greenwood Ave
LouisvilleKY40211
1817 Columbia St
LouisvilleKY40203
214 N 24th St
LouisvilleKY40212
214 N 24th St
LouisvilleKY40212
414 M St
LouisvilleKY40208
2715 Garland Ave
LouisvilleKY40211
2715 Garland Ave
LouisvilleKY40211
4501 S 6th St
LouisvilleKY40214
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.
2614 Virginia Ave
LouisvilleKY40211
2814 W Muhammad Ali Blvd
LouisvilleKY40212
2814 W Muhammad Ali Blvd
LouisvilleKY40212
3315 Hale Ave
LouisvilleKY40211
2634 Garland Ave
LouisvilleKY40211
657 S 24th St
LouisvilleKY40211
2634 Garland Ave
LouisvilleKY40211
2634 Garland Ave
LouisvilleKY40211
934 Camden Ave
LouisvilleKY40215
1528 Wilson Ave
LouisvilleKY40210
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 a home in Downtown Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Louisville 2 Bedroom Homes for Rent | $1,315 | $745 | $2,900 |
| Downtown Louisville 3 Bedroom Homes for Rent | $1,321 | $779 | $3,300 |
| Downtown Louisville 4 Bedroom Homes for Rent | $1,562 | $900 | $2,695 |
| Downtown Louisville 5 Bedroom Homes for Rent | $1,962 | $1,380 | $3,000 |
| Downtown Louisville 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
| Downtown Louisville 7 Bedroom Homes for Rent | $550 | $550 | $550 |
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 91 rentals with your search options within a 2 mile radius of the Downtown Louisville Neighborhood of Louisville, KY.
Explore Louisville
Downtown Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. 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 |
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| The Crossings at Mill Creek | 2 Bedroom | 2BR,2BA | $569 |
| Vue at 3rd Street | Studio | Studio,1BA | $699 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| 800 Towers Apartments | Studio | Studio,1BA | $765 |
| Chapel House Senior Apartments - Age 62+ | Studio | Studio,1BA | $776 |
Best Value Apartments for Rent in Downtown Louisville, KY
As of February 18, 2026 the best value apartment in the Downtown Louisville area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. 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. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| Big 4 Station Residence | 3 bedroom | 3BR,1BA | $1.04 |
| Old Louisville - Oak Street Apartments | 2/1 | 2BR,1BA | $1.05 |
| 2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| 535 E Kentucky St, Unit 2F | 535 E Kentucky St | 2BR,1BA | $0.85 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| 841 Beecher St, Unit B | 841 Beecher St | 2BR,1BA | $0.99 |
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 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.
Let everyone know!
Do you know the Downtown Louisville area?
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.
Write a Review
Pet Friendly LifestyleDowntown Louisville, Louisville, KY
Ranked #4
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 1065 Apartments for Rent in Downtown Louisville, KY with pricing that ranges from $200 to $12,126. There are also 257 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Louisville ranging from $550 to $3,300.
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 $550 to $3,300 with an average monthly rent of $1,239.
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 $675 to $7,405, while Three Bedroom Homes, Condos, and Townhomes for rent range from $779 to $3,300. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $609.
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.