Cheap Homes for Rent in Fairgrounds Neighborhood of Louisville, KY from $600 (12 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 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 ListingModel NameBed/BathPriced From
Heritage Green ApartmentsThe Single1BR,1BA$829
Poplar TerraceStudioStudio,1BA$839
Vesta Derby Oaks (Patriot Derby)A1A1BR,1BA$850
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1,000

Best Value Apartments for Rent in Fairgrounds, KY

As of September 11, 2025 the best value apartment in the Fairgrounds area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
1445 S 3rd St3x13BR,1BA$1.65
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1.14
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33
708 M St, Unit 3708 M StStudio ,1BA$0.83
Cardinal Village Apartments1x1 with Balcony1BR,1BA$1.67
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.63
Heritage Green ApartmentsThe Single1BR,1BA$1.73
4014 Southern Pky, Unit 2F- Top4014 Southern Pky1BR,1BA$1.32

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Pet Friendly Lifestyle
Fairgrounds, Louisville, KY

Ranked #102

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 306 Apartments for Rent in Fairgrounds, KY with pricing that ranges from $495 to $2,100. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $695 to $2,600.

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 $695 to $2,600 with an average monthly rent of $1,637.

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 $795 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,399 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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.