Homes for Rent in Downtown Louisville Neighborhood of Louisville, KY Under $1,500 (161 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
property at 1147 Lincoln Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

4 Bedroom, 1 Bath Home for Rent

Available Now

1147 Lincoln Ave

LouisvilleKY40208
property at 1300 S 3rd St

$1,380 - $1,680

Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $1,680

Total Monthly Price
$1,380 - $1,680

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

1300 S 3rd St

LouisvilleKY40208
property at 1500 S Hancock St

$1,359

Total Monthly Price

Total Monthly Price

Base Rent
$1,359

Total Monthly Price
$1,359

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1500 S Hancock St

LouisvilleKY40217
property at 129 Hill Bend Pl

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Apr 15

129 Hill Bend Pl

LouisvilleKY40208
property at 1550 Gallagher St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1550 Gallagher St

LouisvilleKY40210
property at 1776 Dixdale Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 2 Bath Home for Rent

Available Now

1776 Dixdale Ave

LouisvilleKY40210
property at 2912 Greenwood Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 2 Bath Home for Rent

Available Now

2912 Greenwood Ave

LouisvilleKY40211

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.

property at 4127 Churchman Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 1 Bath Home for Rent

Available Now

4127 Churchman Ave

LouisvilleKY40215
property at 4108 S 3rd St

$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

4108 S 3rd St

LouisvilleKY40214
property at 3007 Penway Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

3007 Penway Ave

LouisvilleKY40210
property at 121 N 25th St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

4 Bedroom, 1 Bath Home for Rent

Available Now

121 N 25th St

LouisvilleKY40212
property at 2317 Ratcliffe Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2317 Ratcliffe Ave

LouisvilleKY40210
property at 421 S 27th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

421 S 27th St

LouisvilleKY40212
property at 2300 W Madison St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

2300 W Madison St

LouisvilleKY40211
property at 3417 Hale Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Rentals

Available May 21

3417 Hale Ave

LouisvilleKY40211
property at 1618 S 30th St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 1 Bath Rentals

Available Apr 21

1618 S 30th St

LouisvilleKY40211

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.

property at 1826 Greenwood Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,183
Required Monthly Fees
$12

Total Monthly Price
$1,195

2 Bedroom, 2 Bath Rentals

Available Now

1826 Greenwood Ave

LouisvilleKY40210
property at 3019 Penway Ave

$1,065

Total Monthly Price

Total Monthly Price

Base Rent
$1,065

Total Monthly Price
$1,065

2 Bedroom, 1 Bath Rentals

Available Apr 20

3019 Penway Ave

LouisvilleKY40210
property at 4133 S 5th St

$1,460

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

4 Bedroom, 1 Bath Rentals

Available Apr 25

4133 S 5th St

LouisvilleKY40214

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.

property at 540 Beecher St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,238
Required Monthly Fees
$12

Total Monthly Price
$1,250

3 Bedroom, 1 Bath Rentals

Available Now

540 Beecher St

LouisvilleKY40215
property at 664 S 27th St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Rentals

Available Now

664 S 27th St

LouisvilleKY40211
property at 211 N 32nd St

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

2 Bedroom, 1 Bath Rentals

Available Now

211 N 32nd St

LouisvilleKY40212

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!

property at 2634 Garland Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

3 Bedroom, 1 Bath Rentals

Available Now

2634 Garland Ave

LouisvilleKY40211
property at 214 N 24th St

$920

Total Monthly Price

Total Monthly Price

Base Rent
$920

Total Monthly Price
$920

3 Bedroom, 1.5 Bath Rentals

Available Now

214 N 24th St

LouisvilleKY40212
property at 2634 Garland Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

3 Bedroom, 1 Bath Rentals

Available Now

2634 Garland Ave

LouisvilleKY40211
property at 2913 Dumesnil St

$815

Total Monthly Price

Total Monthly Price

Base Rent
$815

Total Monthly Price
$815

3 Bedroom, 1 Bath Rentals

Available Apr 14

2913 Dumesnil St

LouisvilleKY40211

Downtown Louisville, Louisville, KY Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Louisville, Louisville, KY

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Louisville

What type of rentals are currently available in Downtown Louisville?

There are currently 1061 Apartments for Rent in Downtown Louisville, KY with pricing that ranges from $200 to $10,371. There are also 222 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Louisville ranging from $645 to $5,000.

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 $645 to $5,000 with an average monthly rent of $1,352.

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 $697 to $6,863, 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 $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.

Articles, How-To's, and Tips

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.