
Cheap Homes for Rent in East Russell Neighborhood of Louisville, KY from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the East Russell area of Louisville.


2300 W Madison St

2300 W Madison St

212 N 25th St

451 N 25th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1934 W Madison St

2216 W Main St

214 N 24th St

2145 Bank St

515 S 20th 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.

1612 W Market St
East Russell, Louisville, KY Local Guide

How much does it cost to rent a home in East Russell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Russell 2 Bedroom Homes for Rent | $986 | $850 | $1,150 |
| East Russell 3 Bedroom Homes for Rent | $1,064 | $895 | $1,450 |
| East Russell 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the East Russell Neighborhood of Louisville, KY.
Explore Louisville
East Russell, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available East Russell Apartments for Rent
 The cheapest available apartment rental in the East Russell area of Louisville, KY is a 1 Bed unit found at Beecher Terrace Phase II (0680) priced from $861. Painters Row has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable East Russell apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beecher Terrace Phase II (0680) | 1 Bedroom* | 1BR,1BA | $861 |
| Painters Row | Studio - 1 Bathroom | Studio,1BA | $890 |
| Jefferson Properties | 2bd Apartment | 2BR,1BA | $900 |
| Hampton Place | One Bedroom Apartment | 1BR,1BA | $930 |
| Beecher Family | 2 Bdrm Garden, 850 SqFt, Tax Credit, 60% AMI | 2BR,1BA | $1,024 |
Best Value Apartments for Rent in East Russell, KY
As of June 04, 2026 the best value apartment in the East Russell area is the $1.20 price per square foot 3 Bedroom, 2 Bath Model at Montgomery Apartments in the in the Portland neighborhood starting from $1,295. The second greatest value East Russell apartment is the 2014 W Main St Model at 2014 W Main St, Unit 1F starting at $795 with a $0.80 price per square foot in the Portland 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. |
|---|---|---|---|
| Montgomery Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $1.20 |
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.80 |
| Jefferson Properties | 3bd Apartment | 3BR,1BA | $1.17 |
| Hampton Place | Two Bedroom Apartment | 2BR,1BA | $1.67 |
| 200 N 18th St, Unit 200 N 18th St | 200 N 18th St | 2BR,1BA | $1.05 |
| Painters Row | ADA - Studio - 1 Bathroom | Studio ,1BA | $1.52 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1.81 |
| Beecher Family | 1 Bdrm Garden, 608 SqFt, Market, | 1BR,1BA | $1.87 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in East Russell, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about East Russell
What type of rentals are currently available in East Russell?
There are currently 80 Apartments for Rent in East Russell, KY with pricing that ranges from $750 to $1,861. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Russell ranging from $800 to $1,450.
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 $800 to $1,450 with an average monthly rent of $1,037.
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 $1,056 to $1,861, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,160.
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.
Helpful Local Expert Guides

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 Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.