943 Central Ave
LouisvilleKY40208
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Louisville.
4401 S 2nd St
LouisvilleKY40214
3618 Taylor Blvd
LouisvilleKY40215
4113 S 3rd St
LouisvilleKY40214
1829 S 3rd St
LouisvilleKY40208
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Rent Specials
$829 - $1,3481 to 3 Bedroom Apartments Available Now
Heritage Green Apartments
5103 S 1st StLouisville, KY 40214
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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$839 - $1,154Studio to 2 Bedroom Apartments Available Now
Poplar Terrace
1106 Poplar Level PlzLouisville, KY 40217
4012 Southern Pkwy
LouisvilleKY40214
212 W Lee St
LouisvilleKY40208
3339 Taylor Blvd
LouisvilleKY40215
4010 Southern Pkwy
LouisvilleKY40214
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.
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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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Showing Results 1-18, 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 | $937 | $800 | $1,259 |
| Fairgrounds 1 Bedroom Apartments | $1,057 | $735 | $1,600 |
| Fairgrounds 2 Bedroom Apartments | $1,307 | $765 | $2,199 |
| Fairgrounds 3 Bedroom Apartments | $1,418 | $675 | $2,025 |
| Fairgrounds 4 Bedroom Apartments | $1,586 | $535 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 18 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 Heritage Green Apartments priced from $829. Poplar Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Fairgrounds apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Poplar Terrace | Studio | Studio,1BA | $839 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1,000 |
| Vesta Derby Oaks (Patriot Derby) | A1A | 1BR,1BA | $1,157 |
Best Value Apartments for Rent in Fairgrounds, KY
As of August 05, 2025 the best value apartment in the Fairgrounds area is the $0.90 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 S. 3rd Street in the in the Phoenix Hill neighborhood starting from $2,250. The second greatest value Fairgrounds apartment is the 3x1 Model at 1445 S 3rd St starting at $1,650 with a $1.65 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. |
|---|---|---|---|
| 1458 S 3rd St, Unit 1458 S. 3rd Street | 1458 S 3rd St | 4BR,2BA | $0.90 |
| 1445 S 3rd St | 3x1 | 3BR,1BA | $1.65 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.14 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.00 |
| Station House Apartments | The Fireman | 2BR,2BA | $1.65 |
| 226 W Burnett Ave, Unit 218 | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
| Vesta Derby Oaks (Patriot Derby) | A1 UPG | 1BR,1BA | $2.22 |
| Heritage Green Apartments | The Single | 1BR,1BA | $1.73 |
| Poplar Terrace | Studio | Studio ,1BA | $1.86 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFairgrounds, Louisville, KY
Ranked #111
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.
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 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 $1,325.
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 $3,600.
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 8 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 $3,311 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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.