
Cheap Homes for Rent in Fairgrounds Neighborhood of Louisville, KY from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairgrounds area of Louisville.


1300 Oakwood Ave

1438 S 7th St

2713 Rodman St

1464 S 9th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1464 S 9th St

724 Brookline Ave

2813 S 5th St

702 Brook Park Dr

837 E Burnett Ave, Unit Rear Unit #2

1417 S 3rd St

143 Harlan Ave
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.
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 | $1,307 | $750 | $2,199 |
Fairgrounds 3 Bedroom Homes for Rent | $1,486 | $795 | $2,300 |
Fairgrounds 4 Bedroom Homes for Rent | $1,759 | $1,399 | $2,000 |
Fairgrounds 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Fairgrounds 6 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Green Apartments | The Single | 1BR,1BA | $829 |
Poplar Terrace | Studio | Studio,1BA | $839 |
Vesta Derby Oaks (Patriot Derby) | A1A | 1BR,1BA | $850 |
Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
Kenwood Arms | Kenwood 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1458 S 3rd St, Unit 1458 South 3rd Street | 1458 S 3rd St | 4BR,2BA | $0.80 |
1445 S 3rd St | 3x1 | 3BR,1BA | $1.65 |
Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.14 |
Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.00 |
226 W Burnett Ave, Unit 218 | 226 W Burnett Ave | 2BR,1BA | $1.33 |
708 M St, Unit 3 | 708 M St | Studio ,1BA | $0.83 |
Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
Vesta Derby Oaks (Patriot Derby) | A1 UPG | 1BR,1BA | $1.63 |
Heritage Green Apartments | The Single | 1BR,1BA | $1.73 |
4014 Southern Pky, Unit 2F- Top | 4014 Southern Pky | 1BR,1BA | $1.32 |
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Pet Friendly LifestyleFairgrounds, Louisville, KY
Ranked #102
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $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.

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 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
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.