Cheap Apartments for Rent in the Hazelwood Neighborhood of Louisville, KY from $589 (81 Rentals)

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

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4331 S 3rd St, Unit 3
$775
Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775
1 Bedroom Apartment Available Now

4331 S 3rd St, Unit 3

4331 S 3rd StLouisville, KY 40214
Affordability

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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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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hazelwood, Louisville, KY Local Guide

Cheapest Available Hazelwood Apartments for Rent

 

The cheapest available apartment rental in the Hazelwood area of Louisville, KY is a 1 Bed unit found at Southwood priced from $749. Iroquois Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Hazelwood apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Southwood1 Bed, 1 bath1BR,1BA$749
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
The Montleone ApartmentsMontleone Apts. - 1 Bed 1 Bath New Cabinets1BR,1BA$795
Carpenter Apartments1 Bedroom1BR,1BA$795
Parkwood PlaceAmazing 1 Baths | 830 Square Ft. studio ready f...Studio,1BA$819
Furlong Apartments2 Bedroom/1Bath2BR,1BA$825
Heritage Green ApartmentsThe Single1BR,1BA$829
Colonial Oaks Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$829
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850

Best Value Apartments for Rent in Hazelwood, KY

As of August 26, 2026 the best value apartment in the Hazelwood area is the $1.02 price per square foot 4002 Southern Pky Model at 4002 Southern Pky, Unit 1 in the in the Downtown Louisville neighborhood starting from $1,525. The second greatest value Hazelwood apartment is the 3BR2BA-ADA Model at The Foundry starting at $1,184 with a $0.97 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Hazelwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4002 Southern Pky, Unit 14002 Southern Pky3BR,1.5BA$1.02
The Foundry3BR2BA-ADA3BR,2BA$0.97
By the ParkTwo bedroom2BR,1BA$0.93
214 W Collins Ct, Unit 1 br apartment214 W Collins Ct1BR,1BA$0.91
Dixie Downs2 Bed + Bonus Room2BR,1BA$0.95
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$0.94
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
Kenwood ArmsKenwood Arms - 2 bedroom/1 bath2BR,1BA$1.13
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
The Montleone ApartmentsMontleone Apts. - 1 Bed 1 Bath New Cabinets1BR,1BA$1.14

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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Best Local Schools in
Hazelwood, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Hazelwood, Louisville, and the greater Louisville area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hazelwood Apartments

What is the price of a cheap apartment in Hazelwood?

The cheapest apartment in Hazelwood is Southwood which is listed at $749, while the average apartment in Hazelwood costs $950.

What types of apartments are the cheapest in Hazelwood?

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 5 regular apartments in Hazelwood 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 Hazelwood?

Cheap apartments in Hazelwood have an average cost of $179 which is $771 cheaper than the average rent for all rentals in Hazelwood.

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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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.

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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.

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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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