
Cheap Apartments for Rent in the Louisville Waterfront Neighborhood of Louisville, KY from $600 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Louisville Waterfront area of Louisville.


Old Louisville - 1219 S 6th St

Lofts on Ormsby

Crescent Centre Apartments & Townhomes

Waterside at River Park Apartments

The Quad

Lindsay Court Apartments

Germantown Village Apartments

Total Monthly Price
The St. Francis Apartments

Beecher
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.

Painters Row

Butchertown Flats

Flats on Fifth

The Views at Crescent Hill

Grocers Ice Lofts

Reserve at Lindsay

Ashbury Ridge

Elevate at NuLu Apartment Homes

Artspace Lofts

St. Francis Apartments
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.

Grinstead

Maven @ 806

The Avenue in the Highlands

Guthrie-Coke Lofts

J.O. Blanton House - Senior Living

The Prestonian

River Oak Apartments

Whiskey Row Lofts

Chatsworth Park Apartments

Lofts of Broadway
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.

310 at Nulu Apartments

Eagles Eyrie Apartments

The Yard Apartments

Axis on Lexington

Edison Park

Edge on 4

Total Monthly Price
Bradford Mills Lofts

Total Monthly Price
Martin on Main Apartments

Total Monthly Price
Main & Clay

Total Monthly Price
Germantown Mill Lofts
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.

601 E Main St

Total Monthly Price
1736 Frankfort Ave, Unit 2

The Residences at OMNI Louisville

1661 Story Ave

Franklin Lofts

The Billy Goat

919 Franklin St

309 E Market St

Riverside Flats

AVIA North Shore
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Louisville Waterfront, Louisville, KY Local Guide

How much does it cost to rent an apartment in Louisville Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Louisville Waterfront Studio Apartments | $1,102 | $715 | $2,583 |
| Louisville Waterfront 1 Bedroom Apartments | $1,424 | $795 | $3,520 |
| Louisville Waterfront 2 Bedroom Apartments | $1,685 | $929 | $4,432 |
| Louisville Waterfront 3 Bedroom Apartments | $1,726 | $1,380 | $2,792 |
| Louisville Waterfront 4 Bedroom Apartments | $1,305 | $619 | $2,730 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Louisville Waterfront Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Cheapest Available Louisville Waterfront Apartments for Rent
 The cheapest available apartment rental in the Louisville Waterfront area of Louisville, KY is a Studio unit found at 800 Towers Apartments priced from $715. Old Louisville - 1219 S 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Louisville Waterfront apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| Old Louisville - 1219 S 6th St | S6th01 | Studio,1BA | $795 |
| Riverside Flats | 1BR/1.0BA | 1BR,1BA | $795 |
| AVIA North Shore | Studio | Studio,1BA | $799 |
| Lofts on Ormsby | Studio | Studio,1BA | $800 |
| Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $815 |
| The Quad | 0BR/1.0BA | Studio,1BA | $825 |
| Lindsay Court Apartments | 1 Bedroom - Square Kitchen | 1BR,1BA | $829 |
| Germantown Village Apartments | 1 Bedroom | 1BR,1BA | $849 |
| The Edison | 1 Bedroom 1 Bathroom | 1BR,1BA | $849 |
Best Value Apartments for Rent in Louisville Waterfront, KY
As of July 06, 2026 the best value apartment in the Louisville Waterfront area is the $1.03 price per square foot The Eyrie Model at Eagles Eyrie Apartments in the in the Crescent Hill neighborhood starting from $1,643. The second greatest value Louisville Waterfront apartment is the Julep Model at Derby Row | Student Housing starting at $649 with a $0.51 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Louisville Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagles Eyrie Apartments | The Eyrie | 3BR,3BA | $1.03 |
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.51 |
| Butchertown Flats | The Avalon | 2BR,2BA | $1.15 |
| St. Francis Apartments | The Douglass | 1BR,1BA | $1.26 |
| Elevate at NuLu Apartment Homes | B01 | 2BR,1.5BA | $1.22 |
| Ashbury Ridge | 2 Bedroom | 2BR,1BA | $1.30 |
| The Edison | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.25 |
| Germantown Village Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.18 |
| Riverside Flats | 1BR/1.0BA | 1BR,1BA | $1.33 |
Frequently Asked Questions about Cheap Louisville Waterfront Apartments
What is a cheap apartment in Louisville Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Louisville Waterfront is under $849.
What is the price of a cheap apartment in Louisville Waterfront?
The cheapest apartment in Louisville Waterfront is 800 Towers Apartments which is listed at $792, while the average apartment in Louisville Waterfront costs $1,567.
What types of apartments are the cheapest in Louisville Waterfront?
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 48 regular apartments in Louisville Waterfront 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 Louisville Waterfront?
Cheap apartments in Louisville Waterfront have an average cost of $513 which is $1,054 cheaper than the average rent for all rentals in Louisville Waterfront.
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

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.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
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.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.