
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

2539 Bank St

2327 Duncan St

2101 Saint Xavier St, Unit 1F
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1929 W Jefferson St

527 S 20th St

1817 Columbia St

Zion Manor

Rowan Place
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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331 N 25th St

1509 W Jefferson St

1529 Anderson St

1934 W Madison St

2509 St Xavier St
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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 | $1,038 | $542 | $1,400 |
| East Russell 2 Bedroom Apartments | $1,240 | $542 | $1,750 |
| East Russell 3 Bedroom Apartments | $1,265 | $895 | $1,535 |
| 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.
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East Russell, Louisville, KY Local Guide
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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 |
| Painters Row | 1 Bedroom - 1 Bathroom | 1BR,1BA | $975 |
| Beecher Terrace Apartments | 1 Bedroom Tax Credit* | 1BR,1BA | $999 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1,139 |
Best Value Apartments for Rent in East Russell, KY
As of January 10, 2026 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 One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 price per square foot in the Phoenix Hill 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 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| Painters Row | 2 Bedroom - 2 Bathroom | 2BR,2BA | $1.42 |
| Jefferson Properties | 3bd apartment | 3BR,1BA | $1.17 |
| Montgomery Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.35 |
| Hampton Place | Two Bedroom Apartment | 2BR,1BA | $1.59 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1.81 |
| Beecher Terrace Apartments | 1 Bedroom Tax Credit* | 1BR,1BA | $1.64 |
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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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?
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Best Local Schools in East Russell, Louisville, KY
School data provided by Great Schools
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 $1,440.
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 69 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 $1,050 which is $390 cheaper than the average rent for all rentals in East Russell.
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

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.