Cheap Homes for Rent in the Fairgrounds Neighborhood of Louisville, KY from $700 (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. Colonial Oaks 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
Heritage Green ApartmentsThe Single1BR,1BA$829
Colonial Oaks Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$829
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
Monarch Station1 Bed, 1 bath1BR,1BA$947
Poplar Terrace1BR/1BA1BR,1BA$949

Best Value Apartments for Rent in Fairgrounds, KY

As of August 08, 2026 the best value apartment in the Fairgrounds area is the $0.75 price per square foot 2229 S Shelby St Model at 2229 S Shelby St, Unit 1 in the in the Downtown Louisville neighborhood starting from $3,000. The second greatest value Fairgrounds apartment is the 4002 Southern Pky Model at 4002 Southern Pky, Unit 1 starting at $1,525 with a $1.02 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.
2229 S Shelby St, Unit 12229 S Shelby St6BR,3BA$0.75
4002 Southern Pky, Unit 14002 Southern Pky3BR,1.5BA$1.02
1436 S 3rd St1436 S 3rd St2BR,2BA$1.07
Kenwood ArmsKenwood Arms - 2 bedroom/1 bath2BR,1BA$1.13
Derby Row | Student HousingThoroughbred2BR,2BA$1.09
Heights at Audubon ParkHeights at Audubon 2BR2BR,1BA$1.26
2208 Crittenden Dr, Unit Unit 32208 Crittenden Dr1BR,1BA$1.04
2208 Crittenden Dr2208 Crittenden Dr1BR,1BA$1.17
Colonial Oaks Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1.18
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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Fairgrounds, Louisville, KY

Ranked #114

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

Pet Friendliness Lifestyle Score

2.5
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 $619 to $3,000. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $700 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 $700 to $2,900 with an average monthly rent of $1,506.

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 $723 to $1,525, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $619.

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.

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