Cheap Homes for Rent in Fourth Street Neighborhood of Louisville, KY from $700 (6 Rentals)

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

property at 511 E Kentucky St

$1,500

3 Bedroom, 2 Bath Home for Rent

Available Now

511 E Kentucky St

LouisvilleKY40203

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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
The Prestonian1B1BR,1BA$700

Best Value Apartments for Rent in Fourth Street, KY

As of December 29, 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
Painters Row2 Bedroom - 2 Bathroom2BR,2BA$1.42
The Cornerstone2 Bedroom2BR,1BA$1.11
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Cathedral CommonsStudioStudio ,1BA$1.21
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.32
The Prestonian1A-HV1BR,1BA$1.15
800 Towers ApartmentsStudioStudio ,1BA$1.35

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Fourth Street, Louisville, KY

Ranked #20

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Fourth Street

What type of rentals are currently available in Fourth Street?

There are currently 222 Apartments for Rent in Fourth Street, KY with pricing that ranges from $542 to $8,755. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fourth Street ranging from $750 to $3,300.

What is the current price range for Rental Homes in Fourth Street?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fourth Street ranges from $750 to $3,300 with an average monthly rent of $1,668.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.