2725 S 4th St
LouisvilleKY40208
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Louisville.
943 Central Ave
LouisvilleKY40208
1829 S 3rd St
LouisvilleKY40208
4012 Southern Pkwy
LouisvilleKY40214
4401 S 2nd St
LouisvilleKY40214
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$7952 Bedroom Apartment Available Now
841 Beecher St, Unit B
841 Beecher StLouisville, KY 40215
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$799 - $1,149Studio to 2 Bedroom Apartments Available Now
Poplar Terrace
1106 Poplar Level PlzLouisville, KY 40217
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$8002 Bedroom Apartments Available Feb 1
3909 Southern Pkwy
3909 Southern PkwyLouisville, KY 40214
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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$825 - $9851 to 2 Bedroom Apartments Available Now
Kenwood Arms
104 Kenwood CtLouisville, KY 40214
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
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$850 - $1,2001 to 3 Bedroom Apartments Available Now
Patriot Derby (FKA Vesta Derby Oaks)
3237 Utah AveLouisville, KY 40215
1503 S 4th St
LouisvilleKY40208
319 W Lee St
LouisvilleKY40208
210 1/2 W Collins Ct
LouisvilleKY40214
2728 S 4th St
LouisvilleKY40208
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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Rent Specials
$899 - $1,0541 Bedroom Apartments Available Now
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
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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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1 to 3 Bedroom Apartments
Douglas Park Apartments
401 Douglas ParkLouisville, KY 40214
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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
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1 Bedroom Apartments
431 Kensington Ct
431 Kensington CtLouisville, KY 40208
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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
The Art of the Rental Viewing: What to look for during a property tour
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.
Showing Results 1-24, 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 | $911 | $625 | $1,259 |
| Fairgrounds 1 Bedroom Apartments | $974 | $750 | $1,199 |
| Fairgrounds 2 Bedroom Apartments | $987 | $759 | $2,400 |
| Fairgrounds 3 Bedroom Apartments | $1,122 | $675 | $1,900 |
| Fairgrounds 4 Bedroom Apartments | $1,012 | $609 | $4,759 |
Browse Apartments in this Neighborhood
There are currently 24 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
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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 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $899 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $949 |
Best Value Apartments for Rent in Fairgrounds, KY
As of January 24, 2026 the best value apartment in the Fairgrounds area is the $1.27 price per square foot 3BR/2.0BA Model at 816 Ash St. in the in the Phoenix Hill neighborhood starting from $1,900. The second greatest value Fairgrounds apartment is the 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine starting at $729 with a $0.52 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 816 Ash St. | 3BR/2.0BA | 3BR,2BA | $1.27 |
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.13 |
| 755 Brookline Ave | 755 Brookline Ave | 1BR,1BA | $1.17 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.05 |
| Station House Apartments | The Ladder | 2BR,2BA | $1.54 |
| 841 Beecher St, Unit B | 841 Beecher St | 2BR,1BA | $0.99 |
| 226 W Burnett Ave, Unit 220B | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $1.44 |
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
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 ArticleCash 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.
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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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 $1,200.
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 26 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 $450 which is $750 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.
Articles, How-To's, and Tips
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.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.