Cheap Apartments for Rent in the Fourth Street Neighborhood of Louisville, KY from $500 (48 Rentals)

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

property at 1123 S Brook St

1123 S Brook St

LouisvilleKY40203
property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203
property at 950 S Floyd St

950 S Floyd St

LouisvilleKY40203
property at 947 S Brook St

947 S Brook St

LouisvilleKY40203
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The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
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Friendship House - Age 62+
Studio to 1 Bedroom Apartments

Friendship House - Age 62+

960 S 4th StLouisville, KY 40203
Senior Living
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747 S 5th St
1 to 2 Bedroom Apartments

747 S 5th St

747 S 5th StLouisville, KY 40203
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Glassworks Lofts
1 Bedroom Apartments

Glassworks Lofts

815 W Market StLouisville, KY 40202
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Urban Flats
1 to 2 Bedroom Apartments

Urban Flats

735 S 2nd StLouisville, KY 40202
  • Utilities Included

Fourth Street, Louisville, KY Local Guide

Cheapest Available Fourth Street Apartments for Rent

 

The cheapest available apartment rental in the Fourth Street area of Louisville, KY is a 2 Beds unit found at Gateway on Broadway priced from $542. Vue at 3rd Street has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Fourth Street apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Vue at 3rd StreetStudioStudio,1BA$699
800 Towers ApartmentsStudioStudio,1BA$765
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Cathedral CommonsStudioStudio,1BA$850
The St. Francis Apartments1BR1BA1BR,1BA$890
Flats on FifthThe Lindy1BR,1BA$914

Best Value Apartments for Rent in Fourth Street, KY

As of November 12, 2025 the best value apartment in the Fourth Street area is the $1.37 price per square foot CH 2x2 Model at Maven @ 806 in the in the Medical Center neighborhood starting from $1,719. The second greatest value Fourth Street apartment is the One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Fourth Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Maven @ 806CH 2x22BR,2BA$1.37
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The Cornerstone2 Bedroom2BR,1BA$1.11
Elevate at NULU Apartment HomesReflection2BR,1BA$1.40
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Cathedral CommonsStudioStudio ,1BA$1.21
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.32
800 Towers ApartmentsStudioStudio ,1BA$1.26

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Fourth Street, Louisville, KY

Ranked #24

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Fourth Street Neighborhood in Louisville, KY

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

63 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Fourth Street Apartments

What is the Cheapest Studio apartment in Fourth Street?

Currently the most affordable Cheap Studio Apartment in Fourth Street is at Vue at 3rd Street listed at $699.

How much is rent for a Cheap One Bedroom Fourth Street Apartment?

The lowest price for a Cheap One Bedroom Fourth Street Apartment is $542 at Gateway on Broadway.

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

Today's best deal for a Cheap Two Bedroom Apartment in Fourth Street is starting from $542 at Gateway on Broadway.

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.