Cheap Apartments for Rent in the Jackson-Smoketown Neighborhood of Louisville, KY from $500 (43 Rentals)

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

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.

property at 1215 S 1st St

1215 S 1st St

LouisvilleKY40203
property at 1051 Barret Ave

1051 Barret Ave

LouisvilleKY40204

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.

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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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
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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208

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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Schiller Terrace
1 to 2 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
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Cathedral Commons
Studio to 2 Bedroom Apartments

Cathedral Commons

433 S 2nd StLouisville, KY 40202
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Cavalier Apartments
1 to 2 Bedroom Apartments

Cavalier Apartments

1245 S 4th StLouisville, KY 40203
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Friendship House - Age 62+
Studio to 1 Bedroom Apartments

Friendship House - Age 62+

960 S 4th StLouisville, KY 40203
Senior Living
  • Utilities Included

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Park Edge Apartments
1 Bedroom Apartments

Park Edge Apartments

410 S Hancock StLouisville, KY 40202
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747 S 5th St
2 Bedroom Apartments

747 S 5th St

747 S 5th StLouisville, KY 40203
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1202 S 3rd St
Studio to 2 Bedroom Apartments

1202 S 3rd St

1202 S 3rd StLouisville, KY 40203
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Urban Flats
2 Bedroom Apartments

Urban Flats

735 S 2nd StLouisville, KY 40202
  • Utilities Included

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 Quad has the second lowest priced unit, which is a Studio apartment currently listed from $795. 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 QuadStudio – 1 BathroomStudio,1BA$795
Vue at 3rd StreetStudioStudio,1BA$799
The Cornerstone1 Bedroom1BR,1BA$800
Germantown Village Apartments1 Bedrooms1BR,1BA$849
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$920
Park Edge Apartments1 Bedroom 1 Bathroom1BR,1BA$950
Flats on FifthThe Volstead1BR,1BA$953
York Towers ApartmentsStudioStudio,1BA$976
Lofts of BroadwayThe Devin - One Bedroom Apartment Home in the H...1BR,1BA$981

Best Value Apartments for Rent in Jackson-Smoketown, KY

As of July 13, 2025 the best value apartment in the Jackson-Smoketown area is the $1.19 price per square foot EP9 Model at Edison Park in the in the Medical Center neighborhood starting from $1,995. The second greatest value Jackson-Smoketown apartment is the 3x1 Model at 1445 S 3rd St starting at $550 with a $0.55 price per square foot in the Phoenix Hill 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 ParkEP92BR,2.5BA$1.19
1445 S 3rd St3x13BR,1BA$0.55
816-818 Rubel AveThree Bedroom3BR,1BA$0.58
The PrestonianOne Bedroom1BR,1BA$1.53
Lofts of BroadwayThe Addison - Bright One Bedroom Flat1BR,1BA$1.59
Guthrie-Coke Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.49
The Cornerstone1 Bedroom1BR,1BA$1.14
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.28
Park Edge Apartments1 Bedroom 1 Bathroom1BR,1BA$1.56

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Jackson-Smoketown, Louisville, KY

Ranked #14

Among neighborhoods in Louisville, KY 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 $981.

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

The cheapest apartment in Jackson-Smoketown is The Cornerstone which is listed at $800, while the average apartment in Jackson-Smoketown costs $6,410.

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 15 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 $296 which is $6,114 cheaper than the average rent for all rentals in Jackson-Smoketown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.