Cheap Homes for Rent in Fairgrounds Neighborhood of Louisville, KY from $600 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Louisville.

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Fairgrounds, Louisville, KY Local Guide

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 Kenwood Arms priced from $825. Heritage Green 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 ListingModel NameBed/BathPriced From
Kenwood ArmsKenwood Arms - 1b/1ba1BR,1BA$825
Heritage Green ApartmentsThe Single1BR,1BA$829
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
Cardinal Village Apartments1x1 Lower Level1BR,1BA$899
Poplar Terrace1BR/1BA1BR,1BA$949

Best Value Apartments for Rent in Fairgrounds, KY

As of February 05, 2026 the best value apartment in the Fairgrounds area is the $1.27 price per square foot 3BR/2.0BA Model at 816 Ash St. in the in the Phoenix Hill neighborhood starting from $1,900. The second greatest value Fairgrounds apartment is the 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine starting at $729 with a $0.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
816 Ash St.3BR/2.0BA3BR,2BA$1.27
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1.13
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
Station House ApartmentsThe Ladder2BR,2BA$1.54
841 Beecher St, Unit B841 Beecher St2BR,1BA$0.99
4818 S 3rd St, Unit 24818 S 3rd St1BR,1BA$1.06
1461 S 1st St, Unit Apt 31461 S 1st StStudio ,1BA$1.36
Poplar Terrace1BR/1BA1BR,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.

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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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The 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

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Fairgrounds, Louisville, KY

Ranked #99

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Fairgrounds

What type of rentals are currently available in Fairgrounds?

There are currently 300 Apartments for Rent in Fairgrounds, KY with pricing that ranges from $609 to $5,411. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $675 to $4,200.

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 $675 to $4,200 with an average monthly rent of $1,460.

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 $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $609.

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.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.