
Cheap Homes for Rent in Fairgrounds Neighborhood of Louisville, KY from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Louisville.


1417 S 3rd St

3110 Montana Ave

3909 Southern Pkwy
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.

1025 W Whitney Ave

2813 S 5th St

1464 S 9th St
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.

1464 S 9th St

831 Denmark St

4213 S Brook St

4141 S 5th St

4113 S 5th St
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.

129 E Wampum Ave

4102 S Brook St

4922 S 2nd St
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 | $1,370 | $1,050 | $2,400 |
Fairgrounds 3 Bedroom Homes for Rent | $1,593 | $1,065 | $2,300 |
Fairgrounds 4 Bedroom Homes for Rent | $1,522 | $1,275 | $2,000 |
Fairgrounds 5 Bedroom Homes for Rent | $2,400 | $2,200 | $2,600 |
Fairgrounds 6 Bedroom Homes for Rent | $3,450 | $3,000 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 4 Beds unit found at Yugo Louisville Nine priced from $709. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $725. 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 |
Lofts on Ormsby | Studio | Studio,1BA | $725 |
Heritage Green Apartments | The Single | 1BR,1BA | $754 |
Bellevue Arms | 1 Bedroom | 1BR,1BA | $825 |
Poplar Terrace | Studio | Studio,1BA | $839 |
Best Value Apartments for Rent in Fairgrounds, KY
As of June 08, 2025 the best value apartment in the Fairgrounds area is the $1.23 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 $4,900. The second greatest value Fairgrounds apartment is the The Devin - Spacious Three Bedroom Townhome Model at The Lux Townhomes starting at $1,545 with a $1.29 price per square foot in the Hayfield Dundee 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 | $1.23 |
The Lux Townhomes | The Devin - Spacious Three Bedroom Townhome | 3BR,1.5BA | $1.29 |
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 |
Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
Kensington | 2 Bedroom | 2BR,1BA | $1.33 |
Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
2923 S 3rd St, Unit 6 | 2923 S 3rd St | 2BR,1BA | $1.15 |
4408 S 2nd St, Unit 4 | 4408 S 2nd St | 1BR,1BA | $1.20 |
Bellevue Arms | 1 Bedroom | 1BR,1BA | $1.43 |
Quick Rent Budget Calculator
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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 $535 to $4,900. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $525 to $3,900.
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 $525 to $3,900 with an average monthly rent of $1,874.
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 $675 to $2,025, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,065 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,275 and Four Bedroom Apartments start at $535.
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 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.