2805 S 4th St
LouisvilleKY40208
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Louisville.
1122 Larchmont Ave
LouisvilleKY40215
5100 S 3rd St
LouisvilleKY40214
218 W Florence Ave
LouisvilleKY40214
538 Lilly Ave
LouisvilleKY40217
4501 S 6th St, Unit 82
4501 S 6th St
LouisvilleKY40214
4401 S 2nd St
LouisvilleKY40214
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$799 - $1,149Studio to 2 Bedroom Apartments Available Now
Poplar Terrace
1106 Poplar Level PlzLouisville, KY 40217
1438 S 2nd St
LouisvilleKY40208
309 W Whitney Ave
LouisvilleKY40214
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.
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Rent Specials
$829 - $1,0481 to 3 Bedroom Apartments Available Now
Heritage Green Apartments
5103 S 1st StLouisville, KY 40214
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$850 - $1,200
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$850 - $1,200
Total Monthly Price
$850 - $1,200
Patriot Derby (FKA Vesta Derby Oaks)
3237 Utah AveLouisville, KY 40215
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$875 - $9751 to 2 Bedroom Apartments Available Now
Heights at Audubon Park
1417 Nightingale RdLouisville, KY 40213
305 W Whitney Ave
LouisvilleKY40214
1702 S 2nd St
LouisvilleKY40208
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Rent Specials
$899 - $9751 to 2 Bedroom Apartments Available Now
Colonial Oaks Apartments
5011 Southside DrLouisville, KY 40214
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Rent Specials
$899 - $1,0851 to 2 Bedroom Apartments Available Now
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
4725 Southern Pkwy
LouisvilleKY40214
4013 Taylor Blvd
LouisvilleKY40215
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$945 - $1,1751 to 2 Bedroom Apartment Available Now
1436 S 3rd St
1436 S 3rd StLouisville, KY 40208
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.
2235 1/2 S Shelby St
LouisvilleKY40217
927 W Whitney Ave
LouisvilleKY40215
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$1,0502 Bedroom Apartments Available Now
216 W Burnett Ave, Unit 226B
216 W Burnett AveLouisville, KY 40208
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$1,1003 Bedroom Apartments Available Now
3909 Southern Pkwy, Unit 2
3909 Southern PkwyLouisville, KY 40214
2333 Rodman St
LouisvilleKY40208
620 Eastern Pkwy
LouisvilleKY40217
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2 to 3 Bedroom Apartments
Old Louisville - 1500 S 2nd St
1500 S 2nd StLouisville, KY 40208
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2 Bedroom Apartments
Nightingale Apartments
1447 Nightingale RdLouisville, KY 40213
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Studio to 1 Bedroom Apartments
Old School Apartments
422 Heywood AveLouisville, KY 40208
411 Iowa Ave
LouisvilleKY40208
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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1 to 3 Bedroom Apartments
Douglas Park Apartments
401 Douglas ParkLouisville, KY 40214
1438 S 7th St
LouisvilleKY40208
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1 Bedroom Apartments
431 Kensington Ct
431 Kensington CtLouisville, KY 40208
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Studio to 2 Bedroom Apartments
Kenwood Arms
104 Kenwood CtLouisville, KY 40214
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1 to 2 Bedroom Apartments
Bellevue Arms
4652 Bellevue AveLouisville, KY 40215
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1 to 2 Bedroom Apartments
Imperial Arms
4816 S 3rd StLouisville, KY 40214
554 Camden Ave
LouisvilleKY40215
2138 Crittenden Dr
LouisvilleKY40217
2716 S 6th St
LouisvilleKY40208
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1 to 3 Bedroom Apartments
Crestview at Louisville
2207 James Pirtle CtLouisville, KY 40217
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.
1015 Camden Ave
LouisvilleKY40215
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2 Bedroom Apartments
Wellesley Townhouses
1600 S 2nd StLouisville, KY 40208
2111 7th Street Rd
LouisvilleKY40208
3901 Peachtree Ave
LouisvilleKY40215
1438 Lillian Ave
LouisvilleKY40208
1102 Queen Ave
LouisvilleKY40215
409 W Gaulbert Ave
LouisvilleKY40208
409 W Gaulbert Ave
LouisvilleKY40208
4113 S 5th St
LouisvilleKY40214
1111 Dresden Ave
LouisvilleKY40215
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.
Showing Results 1-50, 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 | $1,209 | $799 | $1,619 |
| Fairgrounds 1 Bedroom Apartments | $976 | $725 | $1,400 |
| Fairgrounds 2 Bedroom Apartments | $991 | $750 | $2,400 |
| Fairgrounds 3 Bedroom Apartments | $1,219 | $717 | $2,127 |
| Fairgrounds 4 Bedroom Apartments | $850 | $669 | $1,395 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 50 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 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| Heights at Audubon Park | Heights at Audubon 1BR | 1BR,1BA | $875 |
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $899 |
| Colonial Oaks Apartments | 1 Bed | 1BR,1BA | $899 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $949 |
| Trifecta | A3 | 1BR,1BA | $1,161 |
Best Value Apartments for Rent in Fairgrounds, KY
As of June 14, 2026 the best value apartment in the Fairgrounds area is the $1.00 price per square foot 1461 S 1st St Model at 1461 S 1st St, Unit Apt 2 in the in the Phoenix Hill neighborhood starting from $1,300. The second greatest value Fairgrounds apartment is the Julep Model at Derby Row | Student Housing starting at $649 with a $0.51 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. |
|---|---|---|---|
| 1461 S 1st St, Unit Apt 2 | 1461 S 1st St | 2BR,1BA | $1.00 |
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.51 |
| 402 W Hill St, Unit 404 | 402 W Hill St | 3BR,1.5BA | $1.26 |
| 1436 S 3rd St | 1436 S 3rd St | 2BR,2BA | $1.07 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Kenwood Arms | Kenwood Arms - 2 bedroom/1 bath | 2BR,1BA | $1.13 |
| Heights at Audubon Park | Heights at Audubon 2BR | 2BR,1BA | $1.26 |
| Colonial Oaks Apartments | 1 Bed | 1BR,1BA | $1.28 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $1.44 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $1.63 |
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 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.
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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 #99
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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.
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 $1,209.
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 23 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 $349 which is $860 cheaper than the average rent for all rentals in Fairgrounds.
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.
Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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.