Cheap Apartments for Rent in the Germantown Neighborhood of Louisville, KY from $700 (12 Rentals)

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

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.

property at 1051 Barret Ave

1051 Barret Ave

LouisvilleKY40204

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.

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Schiller Terrace
1 to 2 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
  • Utilities Included

Germantown, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
The QuadStudio – 1 BathroomStudio,1BA$795
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Beecher Terrace Apartments1 Bedroom*1BR,1BA$970
Elevate at NULU Apartment HomesLimitless2BR,1BA$986
Bolt + TieThe PinstripeStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Germantown Mill Lofts2 Bedroom A2BR,2BA$1.71
Bradford Mills LoftsB32BR,2BA$1.74
Grinstead1.11BR,1BA$1.75
Germantown Village Apartments1 Bedrooms1BR,1BA$1.25
Swiss Village1061BR,1BA$2.24
Beecher Terrace Apartments1 Bedroom*1BR,1BA$1.59
Elevate at NULU Apartment HomesPersist1BR,1BA$1.99
Bolt + TieThe LinenStudio ,1BA$2.11
The QuadStudio – 1 BathroomStudio ,1BA$1.89

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Pet Friendly Lifestyle
Germantown, Louisville, KY

Ranked #98

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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.

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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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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.

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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.

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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.