
Cheap Apartments for Rent in the Germantown Neighborhood of Louisville, KY from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Germantown area of Louisville.


Germantown Village Apartments

Elevate at NULU Apartment Homes

Beecher Terrace Apartments

1103 Logan St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Germantown Mill Lofts

Grinstead

1051 Barret Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1144 E Kentucky St

975 S Shelby St
Germantown, Louisville, KY Local Guide

How much does it cost to rent an apartment in Germantown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Germantown Studio Apartments | $1,059 | $724 | $1,323 |
Germantown 1 Bedroom Apartments | $1,172 | $829 | $2,600 |
Germantown 2 Bedroom Apartments | $1,532 | $986 | $2,800 |
Germantown 3 Bedroom Apartments | $2,610 | $1,380 | $4,800 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Germantown Neighborhood of Louisville, KY.
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Germantown, Louisville, KY Local Guide
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Cheapest Available Germantown Apartments for Rent
 The cheapest available apartment rental in the Germantown area of Louisville, KY is a Studio unit found at The Quad priced from $795. Germantown Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Germantown apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Quad | Studio – 1 Bathroom | Studio,1BA | $795 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $829 |
Beecher Terrace Apartments | 1 Bedroom* | 1BR,1BA | $970 |
Elevate at NULU Apartment Homes | Limitless | 2BR,1BA | $986 |
Bolt + Tie | The Pinstripe | Studio,1BA | $1,110 |
Best Value Apartments for Rent in Germantown, KY
As of June 02, 2025 the best value apartment in the Germantown area is the $1.71 price per square foot 2 Bedroom A Model at Germantown Mill Lofts in the in the Phoenix Hill neighborhood starting from $1,900. The second greatest value Germantown apartment is the B3 Model at Bradford Mills Lofts starting at $1,523 with a $1.74 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Germantown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Germantown Mill Lofts | 2 Bedroom A | 2BR,2BA | $1.71 |
Bradford Mills Lofts | B3 | 2BR,2BA | $1.74 |
Grinstead | 1.1 | 1BR,1BA | $1.75 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $1.25 |
Swiss Village | 106 | 1BR,1BA | $2.24 |
Beecher Terrace Apartments | 1 Bedroom* | 1BR,1BA | $1.59 |
Elevate at NULU Apartment Homes | Persist | 1BR,1BA | $1.99 |
Bolt + Tie | The Linen | Studio ,1BA | $2.11 |
The Quad | Studio – 1 Bathroom | Studio ,1BA | $1.89 |
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.
Pet Friendly LifestyleGermantown, Louisville, KY
Ranked #98
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Germantown Neighborhood in Louisville, KY
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Germantown Apartments
What is a cheap apartment in Germantown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Germantown is under $1,900.
What is the price of a cheap apartment in Germantown?
The cheapest apartment in Germantown is Germantown Village Apartments which is listed at $829, while the average apartment in Germantown costs $1,650.
What types of apartments are the cheapest in Germantown?
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 78 regular apartments in Germantown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.