
Cheap Homes for Rent in the Fairgrounds Neighborhood of Louisville, KY from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Louisville.


4501 S 6th St, Unit 82

1049 Dixon Ave

3000 S 3rd St

512 Iowa Ave

2138 Crittenden Dr
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.

1238 Oleanda Ave

1119 Lincoln Ave

1015 Camden Ave

2111 7th Street Rd

1111 Dresden Ave

1018 Sale Ave
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Fairgrounds, Louisville, KY Local Guide

How much does it cost to rent a home in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds 2 Bedroom Homes for Rent | $1,306 | $950 | $2,400 |
| Fairgrounds 3 Bedroom Homes for Rent | $1,588 | $1,000 | $2,600 |
| Fairgrounds 4 Bedroom Homes for Rent | $1,999 | $1,295 | $2,680 |
| Fairgrounds 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
| Fairgrounds 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Heritage Green Apartments priced from $829. Colonial Oaks 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 |
|---|---|---|---|
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Colonial Oaks Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $829 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| Monarch Station | 1 Bed, 1 bath | 1BR,1BA | $947 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $949 |
Best Value Apartments for Rent in Fairgrounds, KY
As of August 08, 2026 the best value apartment in the Fairgrounds area is the $0.75 price per square foot 2229 S Shelby St Model at 2229 S Shelby St, Unit 1 in the in the Downtown Louisville neighborhood starting from $3,000. The second greatest value Fairgrounds apartment is the 4002 Southern Pky Model at 4002 Southern Pky, Unit 1 starting at $1,525 with a $1.02 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. |
|---|---|---|---|
| 2229 S Shelby St, Unit 1 | 2229 S Shelby St | 6BR,3BA | $0.75 |
| 4002 Southern Pky, Unit 1 | 4002 Southern Pky | 3BR,1.5BA | $1.02 |
| 1436 S 3rd St | 1436 S 3rd St | 2BR,2BA | $1.07 |
| Kenwood Arms | Kenwood Arms - 2 bedroom/1 bath | 2BR,1BA | $1.13 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.09 |
| Heights at Audubon Park | Heights at Audubon 2BR | 2BR,1BA | $1.26 |
| 2208 Crittenden Dr, Unit Unit 3 | 2208 Crittenden Dr | 1BR,1BA | $1.04 |
| 2208 Crittenden Dr | 2208 Crittenden Dr | 1BR,1BA | $1.17 |
| Colonial Oaks Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.18 |
| 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.
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
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleFairgrounds, Louisville, KY
Ranked #114
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Fairgrounds
What type of rentals are currently available in Fairgrounds?
There are currently 306 Apartments for Rent in Fairgrounds, KY with pricing that ranges from $619 to $3,000. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $700 to $2,900.
What is the current price range for Rental Homes in Fairgrounds?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairgrounds ranges from $700 to $2,900 with an average monthly rent of $1,506.
How much are larger Three and Four Bedroom Rentals in Fairgrounds?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairgrounds range from $723 to $1,525, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $619.
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

Bourbon, Baseball, and the Blues: Your Insider's 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.

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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.

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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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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.
Articles, How-To's, and Tips

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.