
Cheap Apartments for Rent in the Jacobs Neighborhood of Louisville, KY from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Jacobs area of Louisville.

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.

Jacob School Apartments 62+ Senior Living
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.
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.
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.
Jacobs, Louisville, KY Local Guide

How much does it cost to rent an apartment in Jacobs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Jacobs 1 Bedroom Apartments | $845 | $775 | $880 |
| Jacobs 2 Bedroom Apartments | $975 | $850 | $1,100 |
| Jacobs 3 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Jacobs Neighborhood of Louisville, KY.
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Jacobs, Louisville, KY Local Guide
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Cheapest Available Jacobs Apartments for Rent
 The cheapest available apartment rental in the Jacobs area of Louisville, KY is a 2 Beds unit found at The Crossings at Mill Creek priced from $569. Carpenter Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Jacobs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crossings at Mill Creek | 2 Bedroom | 2BR,2BA | $569 |
| Carpenter Apartments | 1 Bedroom | 1BR,1BA | $880 |
| By the Park | Two bedroom | 2BR,1BA | $930 |
| Nichols Meadows | Flats | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Jacobs, KY
As of December 20, 2025 the best value apartment in the Jacobs area is the $0.93 price per square foot Two bedroom Model at By the Park in the in the Jacobs neighborhood starting from $930. The second greatest value Jacobs apartment is the Flats Model at Nichols Meadows starting at $1,100 with a $1.38 price per square foot in the Jacobs neighborhood. Here is today’s list of the best values for Jacobs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Nichols Meadows | Flats | 2BR,1BA | $1.38 |
| The Crossings at Mill Creek | 1 Bedroom | 1BR,1BA | $1.28 |
| Carpenter Apartments | 1 Bedroom | 1BR,1BA | $1.83 |
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.
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 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.
Pet Friendly LifestyleJacobs, Louisville, KY
Ranked #146
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Jacobs Apartments
What is the lowest price for a Cheap Two Bedroom Jacobs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Jacobs is starting from $569 at The Crossings at Mill Creek.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


























