
Cheap Homes for Rent in Graymoor Devondale Neighborhood of Louisville, KY from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Graymoor Devondale area of Louisville.


124 S Sherrin Ave, Unit 4, Unit 4

418 Lyndon Ln
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.

302 Fairmeade Rd

707 Kentucky Ave

2518 Savannah Rd
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.
Graymoor Devondale, Louisville, KY Local Guide

How much does it cost to rent a home in Graymoor Devondale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Graymoor Devondale 2 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Graymoor Devondale 3 Bedroom Homes for Rent | $2,230 | $1,699 | $2,900 |
| Graymoor Devondale 4 Bedroom Homes for Rent | $3,189 | $2,599 | $3,780 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Graymoor Devondale Neighborhood of Louisville, KY.
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Graymoor Devondale, Louisville, KY Local Guide
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Cheapest Available Graymoor Devondale Apartments for Rent
 The cheapest available apartment rental in the Graymoor Devondale area of Louisville, KY is a 1 Bed unit found at Westbury Harbour priced from $949. Church Way Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here are the most affordable Graymoor Devondale apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westbury Harbour | 1 bedroom 1 bath | 1BR,1BA | $949 |
| Church Way Apartments | 4221 N Church Way | 1BR,1BA | $960 |
| The Grove at Lyndon | Sprout | Studio,1BA | $999 |
Best Value Apartments for Rent in Graymoor Devondale, KY
As of May 08, 2026 the best value apartment in the Graymoor Devondale area is the $1.28 price per square foot The Willow Model at Partridge Meadows Apartments in the in the Graymoor Devondale neighborhood starting from $1,797. The second greatest value Graymoor Devondale apartment is the The Windsor Model at Devonshire Apartments starting at $1,721 with a $1.28 price per square foot in the Graymoor Devondale neighborhood. Here is today’s list of the best values for Graymoor Devondale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Partridge Meadows Apartments | The Willow | 3BR,2BA | $1.28 |
| Devonshire Apartments | The Windsor | 3BR,2BA | $1.28 |
| Rolling Hills | The Majestic | 2BR,1.5BA | $1.07 |
| Hurstbourne Grand Apartments | Camberly | 1BR,1BA | $1.35 |
| Westbury Harbour | 1 bedroom 1 bath | 1BR,1BA | $1.02 |
| Grandview Apartments | 3815 Grandview | 2BR,1BA | $1.22 |
| Church Way Apartments | 4219 N Church Way | 1BR,1BA | $1.17 |
| Prospect Park Apartments | A1 | 1BR,1BA | $1.36 |
| Ashton Brook | 1X1 | 1BR,1BA | $1.46 |
| The Fitzgerald | One Bedroom | 1BR,1BA | $1.44 |
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.
Best Local Schools in Graymoor Devondale, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Graymoor Devondale
What type of rentals are currently available in Graymoor Devondale?
There are currently 104 Apartments for Rent in Graymoor Devondale, KY with pricing that ranges from $768 to $3,162. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Graymoor Devondale ranging from $1,225 to $3,780.
What is the current price range for Rental Homes in Graymoor Devondale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Graymoor Devondale ranges from $1,225 to $3,780 with an average monthly rent of $2,161.
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.