Cheap Apartments for Rent in the Jacobs Neighborhood of Louisville, KY from $500 (29 Rentals)

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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.

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Most Blessed Sacrament
1 Bedroom Apartments

Most Blessed Sacrament

1128 Berry BlvdLouisville, KY 40215
Senior Living
  • Utilities Included
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4218 Taylor Blvd
6 Bedroom Apartments

4218 Taylor Blvd

4218 Taylor BlvdLouisville, KY 40215
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St.Jude Apartments
1 Bedroom Apartments

St.Jude Apartments

4327 Hazelwood AveLouisville, KY 40215
  • Utilities Included

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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4045 Taylor Blvd
2 Bedroom Apartments

4045 Taylor Blvd

4045 Taylor BlvdLouisville, KY 40215
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4005 Delores Ave
2 Bedroom Apartments

4005 Delores Ave

4005 Delores AveLouisville, KY 40216
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1908 Crums Ln
1 to 2 Bedroom Apartments

1908 Crums Ln

1908 Crums LnLouisville, KY 40216

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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1031 Queen Ave
1 Bedroom Apartments

1031 Queen Ave

1031 Queen AveLouisville, KY 40215
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3200 Dixie Hwy
1 Bedroom Apartments

3200 Dixie Hwy

3200 Dixie HwyLouisville, KY 40216
  • Utilities Included
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Shivley Apartments
2 to 3 Bedroom Apartments

Shivley Apartments

3105 Clinton PlLouisville, KY 40216
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St Mary's Apartments
1 Bedroom Apartments

St Mary's Apartments

4405 Churchman AveLouisville, KY 40215
  • Utilities Included

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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1728 Chester Rd
1 Bedroom Apartments

1728 Chester Rd

1728 Chester RdShively, KY 40216

Jacobs, Louisville, KY Local Guide

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 $795. Here are the most affordable Jacobs apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Crossings at Mill Creek2 Bedroom2BR,2BA$569
Carpenter Apartments1 Bedroom1BR,1BA$795
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$875
By the ParkTwo bedroom2BR,1BA$930
Nichols MeadowsFlats2BR,1BA$930

Best Value Apartments for Rent in Jacobs, KY

As of November 03, 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 $930 with a $1.16 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 ListingModel NameBed/BathPrice Per Sq.Ft.
By the ParkTwo bedroom2BR,1BA$0.93
Nichols MeadowsFlats2BR,1BA$1.16
The Crossings at Mill Creek1 Bedroom1BR,1BA$1.28
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$1.17
Carpenter Apartments1 Bedroom1BR,1BA$1.65

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Quick 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.

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Pet Friendly Lifestyle
Jacobs, Louisville, KY

Ranked #146

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Jacobs Apartments

What types of apartments are the cheapest in Jacobs?

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 9 regular apartments in Jacobs 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 Jacobs?

Cheap apartments in Jacobs have an average cost of $836 which is $464 cheaper than the average rent for all rentals in Jacobs.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.