
Cheap Homes for Rent in Fairmeade Neighborhood of Louisville, KY from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairmeade area of Louisville.


318 Macon Ave

124 S Sherrin Ave, Unit 4, Unit 4
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

4204 Browns Ln, Unit 104, Unit 104

418 Lyndon Ln

4406 Rockwood Dr
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.
Fairmeade, Louisville, KY Local Guide

How much does it cost to rent a home in Fairmeade?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmeade 2 Bedroom Homes for Rent | $1,687 | $1,000 | $2,300 |
| Fairmeade 3 Bedroom Homes for Rent | $2,401 | $1,699 | $3,200 |
| Fairmeade 4 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
| Fairmeade 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Fairmeade Neighborhood of Louisville, KY.
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Fairmeade, Louisville, KY Local Guide
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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 Highgate Springs Apartments priced from $880. Partridge Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Fairmeade apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highgate Springs Apartments | The Bowman | 1BR,1BA | $880 |
| Partridge Meadows Apartments | The Starling | 1BR,1BA | $920 |
| Village Manor Apartments | 1x1-610 FLAT | 1BR,1BA | $947 |
Best Value Apartments for Rent in Fairmeade, KY
As of May 25, 2026 the best value apartment in the Fairmeade area is the $1.21 price per square foot The Willow Model at Partridge Meadows Apartments in the in the Graymoor Devondale neighborhood starting from $1,699. The second greatest value Fairmeade apartment is the The Windsor Model at Devonshire Apartments starting at $1,679 with a $1.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Partridge Meadows Apartments | The Willow | 3BR,2BA | $1.21 |
| Devonshire Apartments | The Windsor | 3BR,2BA | $1.25 |
| Vetra at St. Matthews | Three Bedroom Two Bath | 3BR,2BA | $1.24 |
| Plymouth Village Apartments | 612 Breckenridge | 2BR,1.5BA | $1.21 |
| Grandview Apartments | 3815 Grandview | 2BR,1BA | $1.22 |
| Church Way Apartments | 4219 N Church Way | 1BR,1BA | $1.17 |
| 2913 Abigail Dr, Unit #1 | 2913 Abigail Dr | 2BR,1BA | $1.37 |
| ReNew Breckenridge | 1 Bed 1 Bath with Washer Dryer | 1BR,1BA | $1.41 |
| The Fitzgerald | One Bedroom | 1BR,1BA | $1.44 |
| Highgate Springs Apartments | The Bowman | 1BR,1BA | $1.41 |
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.
Read ArticleThe 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleFairmeade, Louisville, KY
Ranked #60
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Fairmeade, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Fairmeade
What type of rentals are currently available in Fairmeade?
There are currently 141 Apartments for Rent in Fairmeade, KY with pricing that ranges from $880 to $3,438. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmeade ranging from $1,000 to $3,200.
What is the current price range for Rental Homes in Fairmeade?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmeade ranges from $1,000 to $3,200 with an average monthly rent of $2,056.
How much are larger Three and Four Bedroom Rentals in Fairmeade?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairmeade range from $1,219 to $3,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $1,695.
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

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 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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.