Cheap Homes for Rent in Downtown Louisville Neighborhood of Louisville, KY from $600 (103 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Louisville area of Louisville.

property at 1826 Cypress St

1826 Cypress St

LouisvilleKY40210
property at 2913 Dumesnil St

2913 Dumesnil St

LouisvilleKY40211
property at 3409 Vermont Ave

3409 Vermont Ave

LouisvilleKY40211
property at 1528 Wilson Ave

1528 Wilson Ave

LouisvilleKY40210
Showing Results 1-50, Page 1 of 3

Downtown Louisville, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
The Crossings at Mill Creek2 Bedroom2BR,2BA$569
Vue at 3rd StreetStudioStudio,1BA$699
800 Towers ApartmentsStudioStudio,1BA$765
Lofts on OrmsbyStudioStudio,1BA$775

Best Value Apartments for Rent in Downtown Louisville, KY

As of November 16, 2025 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 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F starting at $895 with a $0.81 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Downtown Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Nichols MeadowsTownhomes2BR,2BA$0.97
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
By the ParkTwo bedroom2BR,1BA$0.93
1120 Cherokee Rd, Unit 41120 Cherokee Rd1BR,1BA$0.83
Derby Row | Student HousingBelmont2BR,2BA$1.02
1743 Sonne Ave, Unit Apt. #21743 Sonne Ave2BR,1BA$0.97
2433 Slevin St, Unit 42433 Slevin St2BR,1BA$1.01

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Pet Friendly Lifestyle
Downtown Louisville, Louisville, KY

Ranked #3

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 1047 Apartments for Rent in Downtown Louisville, KY with pricing that ranges from $200 to $6,880. There are also 268 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Louisville ranging from $600 to $3,250.

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 $600 to $3,250 with an average monthly rent of $1,303.

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 $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $2,350. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $599.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.