Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (17 Rentals)

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

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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 to 1 Bedroom 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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Kenwood Arms
Studio to 2 Bedroom Apartments

Kenwood Arms

104 Kenwood CtLouisville, KY 40214

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Bellevue Arms
1 to 2 Bedroom Apartments

Bellevue Arms

4652 Bellevue AveLouisville, KY 40215
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Imperial Arms
1 to 2 Bedroom Apartments

Imperial Arms

4816 S 3rd StLouisville, KY 40214
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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 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 ListingModel NameBed/BathPriced From
Kenwood ArmsKenwood Arms - 1b/1ba1BR,1BA$825
Heritage Green ApartmentsThe Single1BR,1BA$829
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
Cardinal Village Apartments1x1 Lower Level1BR,1BA$899
Poplar Terrace1BR/1BA1BR,1BA$949

Best Value Apartments for Rent in Fairgrounds, KY

As of March 12, 2026 the best value apartment in the Fairgrounds area is the $0.52 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 $729. The second greatest value Fairgrounds apartment is the 175 Gillette Ave Model at 175 Gillette Ave, Unit 1 starting at $1,000 with a $1.00 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.
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
175 Gillette Ave, Unit 1175 Gillette Ave2BR,1BA$1.00
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1.13
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
216 W Burnett Ave, Unit 226B216 W Burnett Ave2BR,1BA$1.35
226 W Burnett Ave226 W Burnett Ave2BR,1BA$1.33
Poplar Terrace1BR/1BA1BR,1BA$1.44
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$1.63
Heritage Green ApartmentsThe Single1BR,1BA$1.73

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Pet Friendly Lifestyle
Fairgrounds, Louisville, KY

Ranked #123

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

Pet Friendliness Lifestyle Score

2.5
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.

Frequently Asked Questions about Cheap Fairgrounds Apartments

How much is rent for a Cheap One Bedroom Fairgrounds Apartment?

The lowest price for a Cheap One Bedroom Fairgrounds Apartment is $825 at Kenwood Arms.

What is the lowest price for a Cheap Two Bedroom Fairgrounds Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairgrounds is starting from $900 at Heritage Green Apartments.

What is the most affordable Fairgrounds Three Bedroom Apartment?

The best deal on a cheap Fairgrounds Three Bedroom Apartment rental is at Heritage Green Apartments and starts from $1,048.

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.