
Cheap Homes for Rent in Fairgrounds Neighborhood of Louisville, KY from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Louisville.


411 Iowa Ave

1125 Lincoln Ave

1438 S 7th St
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.

1300 Oakwood Ave

1464 S 9th St

2919 S 6th St

4501 S 6th 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.

1002 Stanley Ave
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 | $1,381 | $750 | $2,199 |
Fairgrounds 3 Bedroom Homes for Rent | $1,452 | $900 | $2,600 |
Fairgrounds 4 Bedroom Homes for Rent | $1,662 | $1,425 | $2,000 |
Fairgrounds 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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. 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 |
Best Value Apartments for Rent in Fairgrounds, KY
As of July 26, 2025 the best value apartment in the Fairgrounds area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Fairgrounds apartment is the Kenwood Arms - Waiting List (2b/1b) Model at Kenwood Arms starting at $1,000 with a $1.14 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. |
---|---|---|---|
1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
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 | $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 |
1461 S 1st St, Unit Apt 3 | 1461 S 1st St | Studio ,1BA | $1.36 |
2607 Preston Hwy, Unit #1 | 2607 Preston Hwy | 1BR,1BA | $1.29 |
Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
Heritage Green Apartments | The Single | 1BR,1BA | $1.57 |
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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 $2,550. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $525 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 $525 to $2,900 with an average monthly rent of $1,660.
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 $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,425 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.

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.