Cheap Apartments for Rent in the Highland Park Neighborhood of Louisville, KY from $500 (39 Rentals)

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

property at 4307 S 3rd St

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

4307 S 3rd St

LouisvilleKY40214

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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • Utilities Included
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Old School Apartments
Studio to 1 Bedroom Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
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Bellevue Arms
1 to 2 Bedroom Apartments

Bellevue Arms

4652 Bellevue AveLouisville, KY 40215
  • Utilities Included

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Kenwood Arms
Studio to 2 Bedroom Apartments

Kenwood Arms

104 Kenwood CtLouisville, KY 40214
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Imperial Arms
1 to 2 Bedroom Apartments

Imperial Arms

4816 S 3rd StLouisville, KY 40214
  • Utilities Included
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Colonial Oaks
1 to 2 Bedroom Apartments

Colonial Oaks

5011 Southside DrLouisville, KY 40214
  • Utilities Included

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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 Kenwood 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 ListingModel NameBed/BathPriced From
Kenwood ArmsKenwood Arms - 1b/1ba1BR,1BA$825
Heritage Green ApartmentsThe Single1BR,1BA$829
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
Tanglewood ApartmentsStudioStudio,1BA$889
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$900
Heights at Audubon Park1BR/1.0BA1BR,1BA$900
Beechmont TownhomesBeechmont Townhomes- Unfinished Basement2BR,1BA$995
TrifectaA11BR,1BA$1,131

Best Value Apartments for Rent in Highland Park, KY

As of May 21, 2026 the best value apartment in the Highland Park area is the $1.13 price per square foot Kenwood Arms - 2 bedroom/1 bath Model at Kenwood Arms in the in the Downtown Louisville neighborhood starting from $985. The second greatest value Highland Park apartment is the Beechmont Townhomes- Finished Basement Model at Beechmont Townhomes starting at $1,095 with a $1.29 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kenwood ArmsKenwood Arms - 2 bedroom/1 bath2BR,1BA$1.13
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.29
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
Heights at Audubon ParkHeights at Audubon 2BR2BR,1BA$1.35
Tanglewood ApartmentsStudioStudio ,1BA$1.69
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$1.63
TrifectaA11BR,1BA$2.20
Heritage Green ApartmentsThe Single1BR,1BA$1.73

Frequently Asked Questions about Cheap Highland Park Apartments

What is the price of a cheap apartment in Highland Park?

The cheapest apartment in Highland Park is Kenwood Arms which is listed at $825, while the average apartment in Highland Park costs $4,145.

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 16 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 $267 which is $3,878 cheaper than the average rent for all rentals in Highland Park.

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.

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