Cheap Apartments for Rent in the Fairmeade Neighborhood of Louisville, KY from $800 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fairmeade area of Louisville.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Grove at Lyndon
Studio to 2 Bedroom Apartments

The Grove at Lyndon

7716 Sundance DrLouisville, KY 40222
Corporate Housing

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207

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Fairmeade, Louisville, KY Local Guide

Cheapest Available Fairmeade Apartments for Rent

 

The cheapest available apartment rental in the Fairmeade area of Louisville, KY is a 1 Bed unit found at Devonshire Apartments priced from $850. Highgate Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Fairmeade apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Devonshire ApartmentsThe Briarwood1BR,1BA$850
Highgate Springs ApartmentsThe Bowman1BR,1BA$880
Halsey FlatsSenecaStudio,1BA$895
Village Manor Apartments1x1-610 FLAT1BR,1BA$947
Westbury Harbour1 bedroom 1 bath1BR,1BA$949
Church Way Apartments4221 N Church Way1BR,1BA$960
Vetra at St. MatthewsOne Bedroom Apartment1BR,1BA$989
The Grove at LyndonSproutStudio,1BA$995
Brookside ApartmentsA21BR,1BA$1,015

Best Value Apartments for Rent in Fairmeade, KY

As of April 25, 2026 the best value apartment in the Fairmeade area is the $1.26 price per square foot The Willow Model at Partridge Meadows Apartments in the in the Graymoor Devondale neighborhood starting from $1,765. The second greatest value Fairmeade apartment is the Three Bedroom Two Bath Model at Vetra at St. Matthews starting at $1,429 with a $1.24 price per square foot in the Hayfield Dundee neighborhood. Here is today’s list of the best values for Fairmeade apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Partridge Meadows ApartmentsThe Willow3BR,2BA$1.26
Vetra at St. MatthewsThree Bedroom Two Bath3BR,2BA$1.24
Plymouth Village Apartments612 Breckenridge2BR,1.5BA$1.21
Westbury Harbour1 bedroom 1 bath1BR,1BA$1.02
Grandview Apartments3815 Grandview2BR,1BA$1.22
Church Way Apartments4219 N Church Way1BR,1BA$1.17
Devonshire ApartmentsThe Devon1BR,1BA$1.31
The FitzgeraldOne Bedroom1BR,1BA$1.44
Brookside ApartmentsA21BR,1BA$1.45
Highgate Springs ApartmentsThe Bowman1BR,1BA$1.41

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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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
Fairmeade, Louisville, KY

Ranked #58

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Fairmeade, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Kentucky and customized analysis for Louisville, Kentucky. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fairmeade Apartments

What is the Cheapest Studio apartment in Fairmeade?

Currently the most affordable Cheap Studio Apartment in Fairmeade is at Halsey Flats listed at $895.

How much is rent for a Cheap One Bedroom Fairmeade Apartment?

The lowest price for a Cheap One Bedroom Fairmeade Apartment is $850 at Devonshire Apartments.

What is the lowest price for a Cheap Two Bedroom Fairmeade Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairmeade is starting from $1,075 at Village Manor Apartments.

What is the most affordable Fairmeade Three Bedroom Apartment?

The best deal on a cheap Fairmeade Three Bedroom Apartment rental is at Westbury Harbour and starts from $1,219.

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.

Helpful Local Expert Guides

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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 Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.