3915 Southern PArkway, Unit #4
3915 Southern PArkway
LouisvilleKY40214
Cheap Homes for Rent in Downtown Louisville Neighborhood of Louisville, KY from $400 (98 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Louisville area of Louisville.
2188 St Johns Pl
LouisvilleKY40210
856 S 24th St
LouisvilleKY40211
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$6751 Bedroom Apartments Available Now
691 Madelon Ct
691 Madelon CtLouisville, KY 40211
2614 W Jefferson St
LouisvilleKY40212
2718 W Jefferson St
LouisvilleKY40212
2718 W Jefferson St
LouisvilleKY40212
3124 Vermont Ave
LouisvilleKY40211
2913 Dumesnil, Apt #3
2913 Dumesnil St
LouisvilleKY40211
2724 Garland Ave
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.
2125 St Johns Pl
LouisvilleKY40210
4501 S 6th St, Unit 82
4501 S 6th St
LouisvilleKY40214
1827 Payne St
LouisvilleKY40206
1842 Bolling Ave
LouisvilleKY40210
728 S 35th St
LouisvilleKY40211
2411 Elliott Ave
LouisvilleKY40211
117 N 29th St
LouisvilleKY40212
2216 W Main St
LouisvilleKY40212
1204 Lexington Rd
LouisvilleKY40204
2300 W Madison St
LouisvilleKY40211
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.
421 S 27th St
LouisvilleKY40212
2317 Ratcliffe Ave
LouisvilleKY40210
421 S 27th St
LouisvilleKY40212
2300 W Madison St
LouisvilleKY40211
2634 Garland Ave
LouisvilleKY40211
451 N 25th St
LouisvilleKY40212
408 W Market St
JeffersonvilleIN47130
21 College Ct
LouisvilleKY40203
666 Eastlawn Ave
LouisvilleKY40211
1847 W Kentucky St
LouisvilleKY40210
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.
212 N 25th St
LouisvilleKY40212
3000 S 3rd St
LouisvilleKY40208
3000 S 3rd St
LouisvilleKY40208
1934 W Madison St
LouisvilleKY40203
3215 Greenwood Ave
LouisvilleKY40211
655 S 35th St
LouisvilleKY40211
2512 Cedar St
LouisvilleKY40212
3701 Powell Ave
LouisvilleKY40215
214 N 24th St
LouisvilleKY40212
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.
515 S 20th St
LouisvilleKY40203
1792 W Gaulbert Ave
LouisvilleKY40210
2722 Portland Ave
LouisvilleKY40212
2138 Crittenden Dr
LouisvilleKY40217
416 Louis Coleman Jr Drive
LouisvilleKY40212
927 W Whitney Ave
LouisvilleKY40215
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$9902 Bedroom Apartments Available Jul 10
823 S 2nd St, Unit 3
823 S 2nd StLouisville, KY 40203
832 Hazel St
LouisvilleKY40211
1119 Lincoln Ave
LouisvilleKY40208
1015 Camden Ave
LouisvilleKY40215
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,330 | $745 | $3,200 |
| Downtown Louisville 3 Bedroom Homes for Rent | $1,387 | $659 | $4,000 |
| Downtown Louisville 4 Bedroom Homes for Rent | $1,936 | $900 | $3,300 |
| Downtown Louisville 5 Bedroom Homes for Rent | $2,227 | $1,600 | $2,900 |
| Downtown Louisville 6 Bedroom Homes for Rent | $2,462 | $1,000 | $3,600 |
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 98 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. 800 Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. 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 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| Old Louisville - 1219 S 6th St | S6th01 | Studio,1BA | $795 |
Best Value Apartments for Rent in Downtown Louisville, KY
As of July 04, 2026 the best value apartment in the Downtown Louisville area is the $0.54 price per square foot Courtyard 4x4 Model at Brexx at Louisville in the in the Downtown Louisville neighborhood starting from $839. The second greatest value Downtown Louisville apartment is the Julep Model at Derby Row | Student Housing starting at $649 with a $0.51 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. |
|---|---|---|---|
| Brexx at Louisville | Courtyard 4x4 | 4BR,4BA | $0.54 |
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.51 |
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.80 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| 175 Gillette Ave, Unit 1 | 175 Gillette Ave | 2BR,1BA | $1.00 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| 100 N. 33rd St., Apt 3, Unit 3 | 100 N. 33rd St., Apt 3 | 1BR,1BA | $0.87 |
| 200 N 18th St, Unit 200 N 18th St | 200 N 18th St | 2BR,1BA | $1.05 |
| 3149 Vermont Ave, Unit 3149 Vermont Ave | 3149 Vermont Ave | 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.
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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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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.
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Pet Friendly LifestyleDowntown Louisville, Louisville, KY
Ranked #20
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 1094 Apartments for Rent in Downtown Louisville, KY with pricing that ranges from $200 to $9,270. There are also 236 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Louisville ranging from $495 to $4,000.
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 $495 to $4,000 with an average monthly rent of $1,722.
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 $682 to $6,944, while Three Bedroom Homes, Condos, and Townhomes for rent range from $659 to $4,000. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $619.
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.