
Cheap Apartments for Rent in the Highland Park Neighborhood of Louisville, KY from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Park area of Louisville.


307 Kingston Ave

5024 S 3rd St
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.

6603 Strawberry Ln

4616 Southern Pkwy

5100 S 3rd St

Heritage Green Apartments

Vesta Derby Oaks (Patriot Derby)
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.

730 M St

Carpenter Apartments

The Lux Townhomes

Maple Run Apartments

4113 S 3rd St
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Highland Park, Louisville, KY Local Guide

How much does it cost to rent an apartment in Highland Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Highland Park Studio Apartments | $1,275 | $930 | $1,661 |
Highland Park 1 Bedroom Apartments | $992 | $700 | $2,075 |
Highland Park 2 Bedroom Apartments | $1,035 | $765 | $2,399 |
Highland Park 3 Bedroom Apartments | $1,320 | $675 | $2,025 |
Highland Park 4 Bedroom Apartments | $1,295 | $535 | $1,640 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Highland Park Neighborhood of Louisville, KY.
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Highland Park, Louisville, KY Local Guide
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Cheapest Available Highland Park Apartments for Rent
 The cheapest available apartment rental in the Highland Park area of Louisville, KY is a 1 Bed unit found at Bellevue Arms priced from $825. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Highland Park apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bellevue Arms | 1 Bedroom | 1BR,1BA | $825 |
Heritage Green Apartments | The Single | 1BR,1BA | $829 |
Vesta Derby Oaks (Patriot Derby) | B1 UPG | 2BR,1BA | $850 |
Imperial Arms | Imperial Arms Apartments | 1BR,1BA | $875 |
Carpenter Apartments | 1 Bedroom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Highland Park, KY
As of May 22, 2025 the best value apartment in the Highland Park area is the $1.35 price per square foot Beechmont Townhomes- Finished Basement Model at Beechmont Townhomes in the in the Jacobs neighborhood starting from $1,150. The second greatest value Highland Park apartment is the Maple Run | 2b/1ba Model at Maple Run Apartments starting at $900 with a $1.07 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Beechmont Townhomes | Beechmont Townhomes- Finished Basement | 2BR,1BA | $1.35 |
Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $1.07 |
Kensington | 2 Bedroom | 2BR,1BA | $1.45 |
4002 Southern Pky, Unit 2 | 4002 Southern Pky | 2BR,1BA | $1.40 |
Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
4408 S 2nd St, Unit 4 | 4408 S 2nd St | 1BR,1BA | $1.24 |
Imperial Arms | Imperial Arms Apartments | 1BR,1BA | $1.46 |
Bellevue Arms | 1 Bedroom | 1BR,1BA | $1.43 |
Vesta Derby Oaks (Patriot Derby) | A1 UPG | 1BR,1BA | $1.63 |
Heritage Green Apartments | The Single | 1BR,1BA | $1.73 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleHighland Park, Louisville, KY
Ranked #150
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Highland Park Neighborhood in Louisville, KY
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Highland Park Apartments
What is a cheap apartment in Highland Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highland Park is under $1,050.
What is the price of a cheap apartment in Highland Park?
The cheapest apartment in Highland Park is Bellevue Arms which is listed at $825, while the average apartment in Highland Park costs $1,502.
What types of apartments are the cheapest in Highland Park?
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 20 regular apartments in Highland Park 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 Highland Park?
Cheap apartments in Highland Park have an average cost of $322 which is $1,180 cheaper than the average rent for all rentals in Highland Park.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.