Cheap Apartments for Rent in the Jackson-Smoketown Neighborhood of Louisville, KY from $500 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Jackson-Smoketown 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.

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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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property at 1210 E Broadway

$1,075 - $1,100

1 Bedroom Rentals

Available Now

1210 E Broadway

LouisvilleKY40204

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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Main & Clay
$1,195 - $6,344
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $6,344
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Main & Clay

633 E Main StLouisville, KY 40202
Corporate Housing
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  • 3D Tour

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 1300 S 3rd St

$1,380 - $1,680

Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $1,680
Total Monthly Price
$1,380 - $1,680

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

1300 S 3rd St

LouisvilleKY40208
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The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
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Vue at 3rd Street
Studio to 1 Bedroom Apartments

Vue at 3rd Street

537 S 3rd StLouisville, KY 40202
Senior Living

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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Jackson-Smoketown, Louisville, KY Local Guide

Cheapest Available Jackson-Smoketown Apartments for Rent

 

The cheapest available apartment rental in the Jackson-Smoketown area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Vue at 3rd Street has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Jackson-Smoketown apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Vue at 3rd StreetStudioStudio,1BA$699
800 Towers ApartmentsStudioStudio,1BA$715
Germantown Village1 Bedroom1BR,1BA$799
947 S Brook St1/11BR,1BA$825
The Quad0BR/1.0BAStudio,1BA$825
The Cornerstone1 Bedroom1BR,1BA$900
329 E Oak St1/11BR,1BA$900

Best Value Apartments for Rent in Jackson-Smoketown, KY

As of April 10, 2026 the best value apartment in the Jackson-Smoketown area is the $1.27 price per square foot EP8 Model at Edison Park in the in the Medical Center neighborhood starting from $1,900. The second greatest value Jackson-Smoketown apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 2F starting at $850 with a $0.85 price per square foot in the Medical Center neighborhood. Here is today’s list of the best values for Jackson-Smoketown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edison ParkEP82BR,1.5BA$1.27
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The St. Francis Apartments2BR2BA2BR,2BA$1.46
1436 S 3rd St, Unit #41436 S 3rd St1BR,1BA$1.13
Guthrie-Coke Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.49
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village1 Bedroom1BR,1BA$1.20
947 S Brook St1/11BR,1BA$1.32
Crescent Centre Apartments & TownhomesOne Bedroom-615 sqft1BR,1BA$1.54
800 Towers ApartmentsStudioStudio ,1BA$1.18

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.

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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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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.

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Pet Friendly Lifestyle
Jackson-Smoketown, Louisville, KY

Ranked #19

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Jackson-Smoketown, Louisville, and the greater Louisville area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Jackson-Smoketown Apartments

What is a cheap apartment in Jackson-Smoketown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Jackson-Smoketown is under $900.

What is the price of a cheap apartment in Jackson-Smoketown?

The cheapest apartment in Jackson-Smoketown is Vue at 3rd Street which is listed at $799, while the average apartment in Jackson-Smoketown costs $5,921.

What types of apartments are the cheapest in Jackson-Smoketown?

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 41 regular apartments in Jackson-Smoketown 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 Jackson-Smoketown?

Cheap apartments in Jackson-Smoketown have an average cost of $1,029 which is $4,892 cheaper than the average rent for all rentals in Jackson-Smoketown.

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

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.