Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (24 Rentals)

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Cheap Apartments in the Fairgrounds area of Louisville.

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property at 730 M St

730 M St

LouisvilleKY40208

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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
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Old School Apartments
Studio Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
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1524 S 4th St
1 Bedroom Apartments

1524 S 4th St

1524 S 4th StLouisville, KY 40208
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Bellevue Arms
1 Bedroom Apartments

Bellevue Arms

4652 Bellevue AveLouisville, KY 40215
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Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Fairgrounds, Louisville, KY Local Guide

Cheapest Available Fairgrounds Apartments for Rent

 

The cheapest available apartment rental in the Fairgrounds area of Louisville, KY is a 4 Beds unit found at Yugo Louisville Nine priced from $709. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Fairgrounds apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$775
Heritage Green ApartmentsThe Single1BR,1BA$829
Poplar TerraceStudioStudio,1BA$839
Vesta Derby Oaks (Patriot Derby)B1 UPG2BR,1BA$850

Best Value Apartments for Rent in Fairgrounds, KY

As of May 06, 2025 the best value apartment in the Fairgrounds area is the $1.28 price per square foot 4824 S 3rd St Model at 4824 S 3rd St, Unit #2 upstairs in the in the Downtown Louisville neighborhood starting from $1,150. The second greatest value Fairgrounds apartment is the 4822 S 3rd St Model at 4822 S 3rd St, Unit #1 downstairs starting at $1,150 with a $1.28 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4824 S 3rd St, Unit #2 upstairs4824 S 3rd St2BR,1BA$1.28
4822 S 3rd St, Unit #1 downstairs4822 S 3rd St2BR,1BA$1.28
1600 S 3rd St, Unit #21600 S 3rd St1BR,1BA$0.97
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingBelmont2BR,2BA$1.22
841 Beecher St, Unit 843841 Beecher St2BR,1BA$1.09
Station House ApartmentsThe Captain2BR,2BA$1.58
Imperial ArmsImperial Arms Apartments1BR,1BA$1.58
Cardinal Village Apartments1x1 Lower Level1BR,1BA$1.58
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.63

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Pet Friendly Lifestyle
Fairgrounds, Louisville, KY

Ranked #120

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

Frequently Asked Questions about Cheap Fairgrounds Apartments

What is a cheap apartment in Fairgrounds?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairgrounds is under $950.

What is the price of a cheap apartment in Fairgrounds?

The cheapest apartment in Fairgrounds is Heritage Green Apartments which is listed at $829, while the average apartment in Fairgrounds costs $1,597.

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 19 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 $289 which is $1,308 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.

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