
Cheap Apartments for Rent in the Highland Park Neighborhood of Louisville, KY from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Park area of Louisville.


210 1/2 W Collins Ct

841 Beecher St, Unit B

4401 S 2nd St

3944 S 3rd St

1033 Euclid Ave
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Kenwood Arms

Heritage Green Apartments

4818 S 3rd St, Unit 2

1209 Durrett Ln

Total Monthly Price
Patriot Derby (FKA Vesta Derby Oaks)

4733 S 3rd St
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Maple Run Apartments

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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 | $1,136 | $936 | $1,270 |
| Highland Park 1 Bedroom Apartments | $986 | $775 | $1,300 |
| Highland Park 2 Bedroom Apartments | $986 | $750 | $1,717 |
| Highland Park 3 Bedroom Apartments | $1,167 | $675 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Highland Park Neighborhood of Louisville, KY.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenwood Arms | Kenwood Arms - 1b/1ba | 1BR,1BA | $825 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $900 |
| Tanglewood Apartments | Studio | Studio,1BA | $936 |
Best Value Apartments for Rent in Highland Park, KY
As of February 19, 2026 the best value apartment in the Highland Park area is the $1.13 price per square foot Kenwood Arms - Waiting List (2b/1b) 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.13 |
| Beechmont Townhomes | Beechmont Townhomes- Finished Basement | 2BR,1BA | $1.29 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $1.07 |
| 841 Beecher St, Unit B | 841 Beecher St | 2BR,1BA | $0.99 |
| 4818 S 3rd St, Unit 2 | 4818 S 3rd St | 1BR,1BA | $1.06 |
| 554 Eastern Pky, Unit #2 | 554 Eastern Pky | 1BR,1BA | $1.95 |
| Tanglewood Apartments | Studio | Studio ,1BA | $1.78 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $1.63 |
| Trifecta | A1 | 1BR,1BA | $2.10 |
| Heritage Green Apartments | The Single | 1BR,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 $5,354.
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 23 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 $280 which is $5,074 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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.