
Cheap Apartments for Rent in the East Russell Neighborhood of Louisville, KY from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Russell area of Louisville.


2130 Portland Ave

538 N 26th St

2539 Bank St
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.

2101 Saint Xavier St, Unit 1F

2433 Slevin St

2321 Duncan St
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.

1509 W Jefferson St

331 N 25th St

1529 Anderson St

1934 W Madison St

2509 St Xavier St
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.
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 1 Bedroom Apartments | $1,030 | $542 | $1,500 |
| East Russell 2 Bedroom Apartments | $1,195 | $542 | $1,850 |
| East Russell 3 Bedroom Apartments | $1,220 | $895 | $1,440 |
| East Russell 4 Bedroom Apartments | $1,289 | $1,289 | $1,289 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the East Russell Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
East Russell, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available East Russell Apartments for Rent
 The cheapest available apartment rental in the East Russell area of Louisville, KY is a 2 Beds unit found at Gateway on Broadway priced from $542. Jefferson Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $917. Here are the most affordable East Russell apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Jefferson Properties | 2bd | 2BR,1BA | $917 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1,025 |
| Beecher Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,025 |
| Painters Row | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1,054 |
Best Value Apartments for Rent in East Russell, KY
As of November 17, 2025 the best value apartment in the East Russell area is the $0.81 price per square foot 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F in the in the Portland neighborhood starting from $895. The second greatest value East Russell apartment is the 1816 W Jefferson St Model at 1816 W Jefferson St, Unit 2 starting at $995 with a $0.90 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for East Russell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
| 1816 W Jefferson St, Unit 2 | 1816 W Jefferson St | 2BR,1BA | $0.90 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| Jefferson Properties | 3bd apartment | 3BR,1BA | $1.17 |
| Montgomery Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.35 |
| Beecher Terrace Apartments | 2 Bedroom | 2BR,1BA | $1.42 |
| Hampton Place | Two Bedroom Apartment | 2BR,1BA | $1.59 |
| 2433 Slevin St, Unit 4 | 2433 Slevin St | 2BR,1BA | $1.01 |
| Painters Row | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.50 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1.63 |
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 ArticleThe 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 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.
Pet Friendly LifestyleEast Russell, Louisville, KY
Ranked #148
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in East Russell, Louisville, KY
School data provided by Great Schools
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 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 $1,289.
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 $1,023 which is $266 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


