Cheap 1 Bedroom Apartments for Rent in the East Russell Neighborhood of Louisville, KY from $542 (7 Rentals)

J.O. Blanton House - Senior Living
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The St. Francis Apartments

200 N 18th St
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.
East Russell, Louisville, KY Local Guide

How much does it cost to rent an apartment in East Russell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Russell Studio Apartments | $1,153 | $724 | $1,500 |
East Russell 1 Bedroom Apartments | $1,140 | $542 | $1,900 |
East Russell 2 Bedroom Apartments | $1,450 | $542 | $2,800 |
East Russell 3 Bedroom Apartments | $1,247 | $945 | $1,750 |
East Russell 4 Bedroom Apartments | $1,562 | $1,485 | $1,640 |
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East Russell, Louisville, KY Local Guide
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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.
Getting Around the East Russell Neighborhood in Louisville, KY
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap East Russell Apartments
What is a cheap apartment in East Russell?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Russell is under $1,110.
What is the price of a cheap apartment in East Russell?
The cheapest apartment in East Russell is Gateway on Broadway which is listed at $542, while the average apartment in East Russell costs $1,562.
What types of apartments are the cheapest in East Russell?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 74 regular apartments in East Russell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in East Russell?
Cheap apartments in East Russell have an average cost of $622 which is $940 cheaper than the average rent for all rentals in East Russell.
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.

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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.