630 E Barbee Ave
LouisvilleKY40217
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Louisville.
943 Central Ave
LouisvilleKY40208
1466 St James Ct
LouisvilleKY40208
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$7501 Bedroom Apartment Available Now
2209 Crittenden Dr, Unit #3
2209 Crittenden DrLouisville, KY 40217
1829 S 3rd St
LouisvilleKY40208
5024 S 3rd St
LouisvilleKY40214
4401 S 2nd St
LouisvilleKY40214
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.
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$799 - $1,099Studio to 2 Bedroom Apartments Available Now
Poplar Terrace
1106 Poplar Level PlzLouisville, KY 40217
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1033 Euclid Ave
LouisvilleKY40208
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Rent Specials
$829 - $1,0481 to 3 Bedroom Apartments Available Now
Heritage Green Apartments
5103 S 1st StLouisville, KY 40214
1503 S 4th St
LouisvilleKY40208
4012 Southern Pkwy
LouisvilleKY40214
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.
1432 St James Ct
LouisvilleKY40208
129 E Wellington Ave
LouisvilleKY40214
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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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Showing Results 1-23, Page 1 of 1
Fairgrounds, Louisville, KY Local Guide
How much does it cost to rent an apartment in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds Studio Apartments | $975 | $799 | $1,259 |
| Fairgrounds 1 Bedroom Apartments | $1,043 | $650 | $1,350 |
| Fairgrounds 2 Bedroom Apartments | $977 | $759 | $1,595 |
| Fairgrounds 3 Bedroom Apartments | $1,123 | $675 | $2,025 |
| Fairgrounds 4 Bedroom Apartments | $799 | $599 | $1,975 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Fairgrounds Neighborhood of Louisville, KY.
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Fairgrounds, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available Fairgrounds Apartments for Rent
The cheapest available apartment rental in the Fairgrounds area of Louisville, KY is a 1 Bed unit found at Kenwood Arms priced from $825. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Fairgrounds apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenwood Arms | Kenwood Arms - 1b/1ba | 1BR,1BA | $825 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $949 |
| Patriot Derby (FKA Vesta Derby Oaks) | B1 | 2BR,1BA | $950 |
Best Value Apartments for Rent in Fairgrounds, KY
As of November 01, 2025 the best value apartment in the Fairgrounds area is the $0.51 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $719. The second greatest value Fairgrounds apartment is the 621 E Burnett Ave Model at 621 E Burnett Ave, Unit A starting at $995 with a $1.00 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.51 |
| 621 E Burnett Ave, Unit A | 621 E Burnett Ave | 2BR,1BA | $1.00 |
| 1235 Lydia St, Unit # 1 | 1235 Lydia St | 2BR,1BA | $1.31 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.13 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.02 |
| 841 Beecher St, Unit 843 | 841 Beecher St | 2BR,1BA | $1.14 |
| 226 W Burnett Ave, Unit 218 | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| 1436 S 3rd St, Unit #2 | 1436 S 3rd St | 1BR,1BA | $1.34 |
| 1242 Euclid Ave, Unit 2 | 1242 Euclid Ave | Studio ,1BA | $1.14 |
| Patriot Derby (FKA Vesta Derby Oaks) | B1 | 2BR,1BA | $1.42 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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
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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.
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Pet Friendly LifestyleFairgrounds, Louisville, KY
Ranked #126
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Fairgrounds, Louisville, and the greater Louisville area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the Fairgrounds Neighborhood in Louisville, KY
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
Transit Score®
41 / 100
Some Transit
A few 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 Fairgrounds Apartments
What is the price of a cheap apartment in Fairgrounds?
The cheapest apartment in Fairgrounds is Kenwood Arms which is listed at $825, while the average apartment in Fairgrounds costs $1,200.
What types of apartments are the cheapest in Fairgrounds?
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 35 regular apartments in Fairgrounds 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 Fairgrounds?
Cheap apartments in Fairgrounds have an average cost of $592 which is $608 cheaper than the average rent for all rentals in Fairgrounds.
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.