Cheap Homes for Rent in Louisville, KY from $600 (262 Rentals)

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Search the lowest-cost Homes available for rent right now in Louisville.

property at 2004 Utica Pike

$749

Total Monthly Price

Total Monthly Price

Base Rent
$749
Total Monthly Price
$749

1 Bedroom, 6.5 Bath Home for Rent

Available Now

2004 Utica Pike

JeffersonvilleIN47130

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 421 S 27th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

421 S 27th St

LouisvilleKY40212

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.

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property at 1528 Wilson Ave

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899
Total Monthly Price
$899

3 Bedroom, 1 Bath Home for Rent

Available Now

1528 Wilson Ave

LouisvilleKY40210
property at 2006 Utica Pike

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899
Total Monthly Price
$899

Studio, 4.5 Bath Home for Rent

Available Now

2006 Utica Pike

JeffersonvilleIN47130

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-50, Page 1 of 6

Louisville, KY Local Guide

Cheapest Neighborhoods for Apartments in Louisville, KY

Pricing Updated: 03/11/2026

Current apartment rentals in the Louisville, KY area range in price from $200 to $13,928 with an overall median price of $2,062. The three Louisville neighborhoods with the lowest median rent pricing are Shawnee at $850, Churchill Downs at $609, and University at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Louisville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Shawnee$850$8503
Churchill Downs$1,035$60932
University$1,035$67529
Bon Air$1,091$79516
Limerick$1,117$20011
Southland Park$1,174$658134
Deer Park$1,190$79918
Cherokee Seneca$1,195$9507
Cloverleaf$1,200$658218
Fairgrounds$1,200$609182

Cheapest Available Louisville Apartments for Rent

 

The cheapest available apartment rental in Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $200. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
The Crossings at Mill Creek2 Bedroom2BR,2BA$569
Vue at 3rd StreetStudioStudio,1BA$699
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$699
Southwood1 Bed, 1 bath1BR,1BA$699
Brookview GlenStudioStudio,1BA$699

Best Value Apartments for Rent in Louisville, KY

As of March 11, 2026 the best value apartment in the Louisville area is the $0.13 price per square foot 3000 Fordhaven Rd Model at 3000 Fordhaven Rd, Unit #3 in the in the South Louisville neighborhood starting from $1,100. The second greatest value Louisville apartment is the 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine starting at $729 with a $0.52 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3000 Fordhaven Rd, Unit #33000 Fordhaven Rd2BR,1BA$0.13
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
Hunters Run2 Bedroom, 2 Bathroom Extended2BR,2BA$0.87
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$0.78
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
4700 Walnut Grove Ave, Unit 34700 Walnut Grove Ave2BR,1BA$0.89
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.87
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$0.34

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Louisville, KY Rentals by Map

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Louisville, KY Area Reviews

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Frequently Asked Questions about Louisville

What type of rentals are currently available in Louisville?

There are currently 2862 Apartments for Rent in Louisville, KY with pricing that ranges from $200 to $13,928. There are also 689 Single Family Homes for rent, Condos, and Townhome rentals currently available in Louisville ranging from $625 to $9,500.

What is the current price range for Rental Homes in Louisville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Louisville ranges from $625 to $9,500 with an average monthly rent of $1,638.

How much are larger Three and Four Bedroom Rentals in Louisville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Louisville range from $658 to $7,489, while Three Bedroom Homes, Condos, and Townhomes for rent range from $779 to $4,500. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $609.

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

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.