
Cheap Homes for Rent in Graymoor Devondale Neighborhood of Louisville, KY from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Graymoor Devondale area of Louisville.


124 S Sherrin Ave, Unit 4
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.

255 Salisbury Square

1913 Claremoor Dr
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 | $1,773 | $1,505 | $1,980 |
| Graymoor Devondale 3 Bedroom Homes for Rent | $2,408 | $1,915 | $3,200 |
| Graymoor Devondale 4 Bedroom Homes for Rent | $2,711 | $2,145 | $3,100 |
| Graymoor Devondale 5 Bedroom Homes for Rent | $4,997 | $3,995 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Graymoor Devondale, KY
As of June 23, 2026 the best value apartment in the Graymoor Devondale area is the $1.07 price per square foot The Splendor Model at Rolling Hills in the in the Harrods Creek neighborhood starting from $1,154. The second greatest value Graymoor Devondale apartment is the Camberly Model at Hurstbourne Grand Apartments starting at $1,460 with a $1.36 price per square foot in the Hikes Point 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. |
|---|---|---|---|
| Rolling Hills | The Splendor | 1BR,1BA | $1.07 |
| Hurstbourne Grand Apartments | Camberly | 1BR,1BA | $1.36 |
| The Fitzgerald | One Bedroom Townhome | 1BR,1.5BA | $1.34 |
| Lyndon Crossings Apartments | Parkwood | 2BR,2BA | $1.30 |
| Grandview Apartments | 3815 Grandview | 2BR,1BA | $1.22 |
| Church Way Apartments | 4219 N Church Way | 1BR,1BA | $1.17 |
| 3815 Nanz Ave | Two Bedroom | 2BR,1BA | $1.53 |
| Ashton Brook | 1X1 | 1BR,1BA | $1.40 |
| Partridge Meadows Apartments | The Starling | 1BR,1BA | $1.35 |
| Devonshire Apartments | The Briarwood | 1BR,1BA | $1.38 |
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 106 Apartments for Rent in Graymoor Devondale, KY with pricing that ranges from $912 to $3,800. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Graymoor Devondale ranging from $950 to $6,000.
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 $950 to $6,000 with an average monthly rent of $2,590.
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.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.