Cheap Apartments for Rent in the Fairmeade Neighborhood of Louisville, KY from $800 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
The Grove at Lyndon
Studio to 2 Bedroom Apartments

The Grove at Lyndon

7716 Sundance DrLouisville, KY 40222
close
View Me
Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207

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 $894. Highgate Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Fairmeade apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Devonshire ApartmentsThe Briarwood1BR,1BA$894
Highgate Springs ApartmentsThe Bowman1BR,1BA$910
Village Manor Apartments1x1-610 FLAT1BR,1BA$962
Partridge Meadows ApartmentsThe Starling1BR,1BA$964
Cypress Pointe1x11BR,1BA$986

Best Value Apartments for Rent in Fairmeade, KY

As of July 31, 2025 the best value apartment in the Fairmeade area is the $1.24 price per square foot Sherburn Model at Halsey Flats in the in the Bowman neighborhood starting from $1,795. The second greatest value Fairmeade apartment is the The Windsor Model at Devonshire Apartments starting at $1,832 with a $1.37 price per square foot in the Graymoor Devondale 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.
Halsey FlatsSherburn4BR,2.5BA$1.24
Devonshire ApartmentsThe Windsor3BR,2BA$1.37
Jamestown at St. Matthews ApartmentsThree Bedroom Apartment 23BR,2BA$1.42
Breckinridge Apartments2x12BR,1BA$1.25
4216 N Church Way, Unit 84216 N Church Way1BR,1BA$1.00
Westbury Harbour1 bedroom 1 bath1BR,1BA$1.06
Ashton Brook2X12BR,1BA$1.34
3810 Leland Rd, Unit 113810 Leland Rd1BR,1BA$1.03
Partridge Meadows ApartmentsThe Starling1BR,1BA$1.27
Highgate Springs ApartmentsThe Bowman1BR,1BA$1.46

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Fairmeade, Louisville, KY

Ranked #70

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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!

Getting Around the Fairmeade Neighborhood in Louisville, KY

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fairmeade Apartments

What is the price of a cheap apartment in Fairmeade?

The cheapest apartment in Fairmeade is Devonshire Apartments which is listed at $894, while the average apartment in Fairmeade costs $1,795.

What types of apartments are the cheapest in Fairmeade?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Fairmeade that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fairmeade?

Cheap apartments in Fairmeade have an average cost of $106 which is $1,689 cheaper than the average rent for all rentals in Fairmeade.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.