Cheap Apartments for Rent in the Jackson-Smoketown Neighborhood of Louisville, KY from $500 (85 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

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property at 1300 S 3rd St

$1,325 - $1,580

Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,580
Total Monthly Price
$1,325 - $1,580

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

1300 S 3rd St

LouisvilleKY40208
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Main & Clay
Rent Specials
$1,369 - $6,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,369 - $6,140
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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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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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. The Prestonian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $543. 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
The Prestonian1A1BR,1BA$543
800 Towers ApartmentsStudioStudio,1BA$715
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedroom1BR,1BA$829
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$875
The Cornerstone1 Bedroom1BR,1BA$900
947 S Brook St1/11BR,1BA$900
329 E Oak St1/11BR,1BA$900

Best Value Apartments for Rent in Jackson-Smoketown, KY

As of June 03, 2026 the best value apartment in the Jackson-Smoketown area is the $1.07 price per square foot 1436 S 3rd St Model at 1436 S 3rd St in the in the Phoenix Hill neighborhood starting from $1,175. The second greatest value Jackson-Smoketown apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F starting at $1,195 with a $1.20 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.
1436 S 3rd St1436 S 3rd St2BR,2BA$1.07
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
1423 Debarr St, Unit 21423 Debarr St1BR,1BA$0.96
The St. Francis Apartments2BR2BA2BR,2BA$1.46
216 W Burnett Ave, Unit 226B216 W Burnett Ave2BR,1BA$1.35
Maven @ 8061x11BR,1BA$1.46
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village Apartments1 Bedroom1BR,1BA$1.25
947 S Brook St1/11BR,1BA$1.44
800 Towers ApartmentsStudioStudio ,1BA$1.18

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #33

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 The Prestonian which is listed at $543, while the average apartment in Jackson-Smoketown costs $4,424.

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 34 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 $723 which is $3,701 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.

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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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.

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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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