Cheap Homes for Rent in Highland Park Neighborhood of Louisville, KY from $700 (9 Rentals)

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

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.

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.

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

Best Value Apartments for Rent in Highland Park, KY

As of May 24, 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 Highland Park

What type of rentals are currently available in Highland Park?

There are currently 134 Apartments for Rent in Highland Park, KY with pricing that ranges from $707 to $4,148. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Park ranging from $725 to $3,000.

What is the current price range for Rental Homes in Highland Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Highland Park ranges from $725 to $3,000 with an average monthly rent of $1,800.

How much are larger Three and Four Bedroom Rentals in Highland Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Highland Park range from $707 to $1,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,115 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $4,148.

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

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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

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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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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

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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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.