
Cheap Homes for Rent in Louisville, KY from $600 (367 Rentals)
Search the lowest-cost Homes available for rent right now in Louisville.


2145 St Johns Pl

1300 Oakwood Ave

720 Hardy Ave

1127 Lincoln Ave

1302 Main St

1438 S 7th St

664 S 27th St

4501 S 6th St

211 W Wampum Ave
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.

2327 Duncan St

4806 Saddlebrook Ln

731 Brookline Ave

4148 Hillview Ave

2913 Dumesnil St

3320 Bardstown Rd

112 Boston Ct

1410 Standard Village Cir

123 E Burnett Ave

5113 Valiant Drive, Unit 4
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.

655 S 24th St

321 S 43rd St

856 S 24th St

4913 Saddlebrook Ln

1529 Anderson St

421 S 27th St

2300 W Madison St

2300 W Madison St

421 S 27th St

4501 S 6th 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.

614 E Chestnut St

1145 Louis Coleman Jr Drive

644 Atwood St

4156 Wheeler Ave

212 N 25th St

2317 Ratcliffe Ave

3706 W Muhammad Ali Blvd

1528 Wilson Ave

6505 Lovers Ln

3903 Kennison Ave
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.

9333 La Grange Rd

655 S 35th St

1934 W Madison St

4435 Parker Ave

3215 Greenwood Ave

2504 Langdon Dr

223 N 37th St

1634 S Preston St

451 N 25th St

6666 Sylvania Rd
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.
Louisville, KY Local Guide

How much does it cost to rent a home in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Louisville 2 Bedroom Homes for Rent | $1,393 | $750 | $5,000 |
| Louisville 3 Bedroom Homes for Rent | $1,749 | $779 | $4,500 |
| Louisville 4 Bedroom Homes for Rent | $2,347 | $900 | $5,700 |
| Louisville 5 Bedroom Homes for Rent | $3,083 | $1,485 | $9,500 |
| Louisville 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Top Homes for Rent in Louisville
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Louisville, KY Local Guide
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Cheapest Neighborhoods for Apartments in Louisville, KY
Pricing Updated: 04/02/2026Current apartment rentals in the Louisville, KY area range in price from $200 to $14,584 with an overall median price of $2,247. The three Louisville neighborhoods with the lowest median rent pricing are University at $697, Deer Park at $799, and Highlands Douglass at $1,055. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Louisville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| University | $1,000 | $697 | 30 |
| Deer Park | $1,195 | $799 | 23 |
| Highlands Douglass | $1,230 | $1,055 | 14 |
| Masonic Home | $1,235 | $900 | 16 |
| Bon Air | $1,251 | $854 | 17 |
| Bradley | $1,258 | $200 | 112 |
| Churchill Downs | $1,258 | $629 | 40 |
| Fairgrounds | $1,258 | $629 | 192 |
| Prestonia | $1,258 | $629 | 94 |
| Saint Joseph | $1,258 | $200 | 311 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Crossings at Mill Creek | 2 Bedroom | 2BR,2BA | $573 |
| Brookview Glen | Studio | Studio,1BA | $699 |
| Vue at 3rd Street | Studio | Studio,1BA | $699 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
Best Value Apartments for Rent in Louisville, KY
As of April 03, 2026 the best value apartment in the Louisville area is the $0.75 price per square foot 3 Bed 2 Bath Single Section Model at Wellington Green in the in the Southern Indiana neighborhood starting from $1,169. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wellington Green | 3 Bed 2 Bath Single Section | 3BR,2BA | $0.75 |
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| Hunters Run | 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.93 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| 535 E Kentucky St, Unit 2F | 535 E Kentucky St | 2BR,1BA | $0.85 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Huntley Ridge New Albany | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.94 |
| 4700 Walnut Grove Ave, Unit 3 | 4700 Walnut Grove Ave | 2BR,1BA | $0.89 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Louisville, KY Rentals by Map
See the most popular apartments and homes in Louisville, KY
Louisville, KY Area Reviews
Frequently Asked Questions about Louisville
What type of rentals are currently available in Louisville?
There are currently 2865 Apartments for Rent in Louisville, KY with pricing that ranges from $200 to $14,584. There are also 694 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 $1,639.
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 $697 to $6,411, 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 $629.
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.

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.

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.