5024 S 3rd St
LouisvilleKY40214
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Louisville.
307 Kingston Ave
LouisvilleKY40214
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Rent Specials
from $7541 to 3 Bedroom Apartments Available Now
Heritage Green Apartments
5103 S 1st StLouisville, KY 40214
4401 S 2nd St
LouisvilleKY40214
5100 S 3rd St
LouisvilleKY40214
4616 Southern Pkwy
LouisvilleKY40214
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from $839Studio to 2 Bedroom Apartments Available Now
Poplar Terrace
1106 Poplar Level PlzLouisville, 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.
730 M St
LouisvilleKY40208
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from $8501 to 3 Bedroom Apartments Available Now
Vesta Derby Oaks (Patriot Derby)
3237 Utah AveLouisville, KY 40215
814 Melford Ave
LouisvilleKY40217
1431 Nightingale Rd
LouisvilleKY40213
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from $9001 Bedroom Apartment Available Jul 1
2607 Preston Hwy, Unit #1
2607 Preston HwyLouisville, KY 40217
540 W Evelyn Ave
LouisvilleKY40215
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.
4113 S 3rd St
LouisvilleKY40214
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-21, 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 | $1,214 | $839 | $1,589 |
| Fairgrounds 1 Bedroom Apartments | $963 | $695 | $1,295 |
| Fairgrounds 2 Bedroom Apartments | $1,027 | $765 | $2,400 |
| Fairgrounds 3 Bedroom Apartments | $1,322 | $675 | $2,025 |
| Fairgrounds 4 Bedroom Apartments | $1,256 | $535 | $1,615 |
Browse Apartments in this Neighborhood
There are currently 21 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 4 Beds unit found at Yugo Louisville Nine priced from $709. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $754. Here are the most affordable Fairgrounds apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
| Heritage Green Apartments | The Single | 1BR,1BA | $754 |
| Poplar Terrace | Studio | Studio,1BA | $839 |
| Vesta Derby Oaks (Patriot Derby) | B1 UPG | 2BR,1BA | $850 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
Best Value Apartments for Rent in Fairgrounds, KY
As of June 21, 2025 the best value apartment in the Fairgrounds area is the $1.05 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,200. The second greatest value Fairgrounds apartment is the 3 Beds, 1.5 Baths Model at 1524 S 4th St starting at $1,250 with a $1.14 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. |
|---|---|---|---|
| 1445 S 3rd St, Unit 7 | 1445 S 3rd St | 6BR,3BA | $1.05 |
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
| 215 W Burnett Ave, Unit First Floor One Bedroom | 215 W Burnett Ave | 1BR,1BA | $1.33 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.14 |
| Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $0.98 |
| 2923 S 3rd St, Unit 6 | 2923 S 3rd St | 2BR,1BA | $1.15 |
| 226 W Burnett Ave, Unit 218 | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| Vesta Derby Oaks (Patriot Derby) | A1 | 1BR,1BA | $1.63 |
| Heritage Green Apartments | The Single | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFairgrounds, Louisville, KY
Ranked #125
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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.
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 Heritage Green Apartments which is listed at $754, while the average apartment in Fairgrounds costs $4,200.
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 4 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 $249 which is $3,951 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.