Cheap Apartments for Rent in the Edgewood Neighborhood of Louisville, KY from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Edgewood area of Louisville.

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.

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.

property at 4113 Wooded Way

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

3 Bedroom, 1.5 Bath Home for Rent

Available Now

4113 Wooded Way

LouisvilleKY40219

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.

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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
  • Utilities Included
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Valore At The Maples
1 to 2 Bedroom Apartments

Valore At The Maples

7500 Dunwoody CtLouisville, KY 40219
Corporate Housing
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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
  • Utilities Included
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Oak Run Apartments
2 Bedroom Apartments

Oak Run Apartments

763 McCawley RdLouisville, KY 40219
  • Utilities Included

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

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Cleo I & II
3 Bedroom Apartments

Cleo I & II

1240-1314 Cleo AveLouisville, KY 40213
  • Smoke Free
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Woods of Bridgewood
2 Bedroom Apartments

Woods of Bridgewood

5405 Warwickshire DrLouisville, KY 40213
  • Utilities Included
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Dunwoody Court
1 to 2 Bedroom Apartments

Dunwoody Court

7510 Dunwoody CtOkolona, KY 40219
  • Utilities Included

Edgewood, Louisville, KY Local Guide

Cheapest Available Edgewood Apartments for Rent

 

The cheapest available apartment rental in the Edgewood area of Louisville, KY is a 1 Bed unit found at Cumberland Apartments priced from $799. Eleven Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $837. Here are the most affordable Edgewood apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Cumberland Apartments1 Bed, 1 bath1BR,1BA$799
Eleven Oaks Apartments1B/1BA1BR,1BA$837
Preston OaksThoroughbred2BR,1BA$899
Tanglewood ApartmentsStudioStudio,1BA$899
Minor LaneMinor Ln 1BR1BR,1BA$950
Jefferson Green1 Bedroom1BR,1BA$1,005
Markwell VillageMW-1BR1B 1ST1BR,1BA$1,025
Jefferson Landing1 Bed, 1 bath1BR,1BA$1,045
Chateau Royale ApartmentsSpacious and Centrally Located 2-bedroom Apartment2BR,1BA$1,100
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1,115

Best Value Apartments for Rent in Edgewood, KY

As of May 05, 2026 the best value apartment in the Edgewood area is the $1.18 price per square foot 3 Bedroom Model at Jefferson Green in the in the Edgewood neighborhood starting from $1,398. The second greatest value Edgewood apartment is the The Lily - Cozy Two Bedroom, One Bath Townhome Model at The Lux Townhomes starting at $1,115 with a $1.24 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Edgewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jefferson Green3 Bedroom3BR,2BA$1.18
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.24
Chateau Royale ApartmentsSpacious and Centrally Located 2-bedroom Apartment2BR,1BA$1.29
Minor LaneMinor Ln 1BR1BR,1BA$1.23
Jefferson Landing1 Bed, 1 bath1BR,1BA$1.39
Preston OaksThoroughbred2BR,1BA$1.32
Eleven Oaks Apartments1B/1BA1BR,1BA$1.30
Markwell VillageMW-1BR1B 1ST1BR,1BA$1.60
Tanglewood ApartmentsStudioStudio ,1BA$1.71
Cumberland Apartments1 Bed, 1 bath1BR,1BA$1.56

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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Pet Friendly Lifestyle
Edgewood, Louisville, KY

Ranked #117

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Edgewood Apartments

What is the price of a cheap apartment in Edgewood?

The cheapest apartment in Edgewood is Cumberland Apartments which is listed at $799, while the average apartment in Edgewood costs $1,398.

What types of apartments are the cheapest in Edgewood?

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 11 regular apartments in Edgewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.