Cheap Apartments for Rent in the Hallmark Neighborhood of Louisville, KY from $300 (66 Rentals)

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

property at 1309 Dixie Hwy

$500 - $600

1 Bedroom Rentals

Available Now

1309 Dixie Hwy

LouisvilleKY40210
property at 1349 Olive St

$725

1 Bedroom Rentals

Available Now

1349 Olive St

LouisvilleKY40211

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.

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3901 Garland Ave, Unit 1
$825
Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825
2 Bedroom Apartment Available Now

3901 Garland Ave, Unit 1

3901 Garland AveLouisville, KY 40211
Affordability
  • Smoke Free
property at 2317 Ratcliffe Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

2317 Ratcliffe Ave

LouisvilleKY40210

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.

property at 3215 Virginia Ave

$924

Total Monthly Price

Total Monthly Price

Base Rent
$924

Total Monthly Price
$924

1 Bedroom, 1 Bath Home for Rent

Available Now

3215 Virginia Ave

LouisvilleKY40211
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Gateway on Broadway
1 to 2 Bedroom Apartments

Gateway on Broadway

1405 W BroadwayLouisville, KY 40203
Senior Living
  • Utilities Included

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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Old School Apartments
Studio to 1 Bedroom Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
  • Utilities Included
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
  • Utilities Included

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Carpenter Apartments
1 to 3 Bedroom Apartments

Carpenter Apartments

3524 Georgetown CirLouisville, KY 40215
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Hallmark, Louisville, KY Local Guide

Cheapest Available Hallmark Apartments for Rent

 

The cheapest available apartment rental in the Hallmark area of Louisville, KY is a 2 Beds unit found at Furlong Apartments priced from $825. Patriot Derby (FKA Vesta Derby Oaks) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Hallmark apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Furlong Apartments2 Bedroom/1Bath2BR,1BA$825
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
Carpenter Apartments1 Bedroom1BR,1BA$865
By the ParkTwo bedroom2BR,1BA$930

Best Value Apartments for Rent in Hallmark, KY

As of June 10, 2026 the best value apartment in the Hallmark area is the $0.51 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $649. The second greatest value Hallmark apartment is the Two bedroom Model at By the Park starting at $930 with a $0.93 price per square foot in the Jacobs neighborhood. Here is today’s list of the best values for Hallmark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Derby Row | Student HousingJulep4BR,4BA$0.51
By the ParkTwo bedroom2BR,1BA$0.93
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
3901 Garland Ave, Unit 13901 Garland Ave2BR,1BA$1.10
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$1.63
Carpenter Apartments1 Bedroom1BR,1BA$1.79

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 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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Real 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.

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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.

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Pet Friendly Lifestyle
Hallmark, Louisville, KY

Ranked #165

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Hallmark Apartments

What is the price of a cheap apartment in Hallmark?

The cheapest apartment in Hallmark is Patriot Derby (FKA Vesta Derby Oaks) which is listed at $850, while the average apartment in Hallmark costs $1,703.

What types of apartments are the cheapest in Hallmark?

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 4 regular apartments in Hallmark that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hallmark?

Cheap apartments in Hallmark have an average cost of $501 which is $1,202 cheaper than the average rent for all rentals in Hallmark.

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

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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 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.

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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.