Cheap Homes for Rent in East Russell Neighborhood of Louisville, KY from $700 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the East Russell area of Louisville.

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East Russell, Louisville, KY Local Guide

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. Beecher Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $861. Here are the most affordable East Russell apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Beecher Terrace Apartments1 Bedroom Tax Credit*1BR,1BA$861
Painters RowStudio - 1 BathroomStudio,1BA$862

Best Value Apartments for Rent in East Russell, KY

As of February 27, 2026 the best value apartment in the East Russell area is the $0.50 price per square foot One Bedroom Model at Gateway on Broadway in the in the Phoenix Hill neighborhood starting from $542. The second greatest value East Russell apartment is the 3bd Apartment Model at Jefferson Properties starting at $1,056 with a $1.17 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Jefferson Properties3bd Apartment3BR,1BA$1.17
Montgomery Apartments2 Bedroom, 1 Bath2BR,1BA$1.26
Beecher Terrace Apartments2 Bedroom2BR,1BA$1.42
Painters Row1 Bedroom - 1 Bathroom1BR,1BA$1.42
1704 Rowan St, Unit 31704 Rowan St1BR,1BA$1.08
2409 Rowan St, Unit 32409 Rowan St1BR,1BA$1.08
Beecher Terrace Phase II (0680)1 Bedroom1BR,1BA$1.81
Hampton PlaceOne Bedroom Apartment1BR,1BA$1.81

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 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.

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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.

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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

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Frequently Asked Questions about East Russell

What type of rentals are currently available in East Russell?

There are currently 78 Apartments for Rent in East Russell, KY with pricing that ranges from $542 to $1,568. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Russell ranging from $779 to $1,875.

What is the current price range for Rental Homes in East Russell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Russell ranges from $779 to $1,875 with an average monthly rent of $1,256.

How much are larger Three and Four Bedroom Rentals in East Russell?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Russell range from $926 to $1,535, while Three Bedroom Homes, Condos, and Townhomes for rent range from $779 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,289.

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

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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.

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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.

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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.

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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.