Cheap Apartments for Rent in the Louisville Waterfront Neighborhood of Louisville, KY from $700 (44 Rentals)

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

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property at 127 N Charlton St

127 N Charlton St

LouisvilleKY40206

Louisville's Best Affordable Neighborhoods

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

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Louisville Waterfront, Louisville, KY Local Guide

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 The Quad priced from $795. Vue at 3rd Street has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Louisville Waterfront apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The QuadStudio – 1 BathroomStudio,1BA$795
Vue at 3rd StreetStudioStudio,1BA$799
AVIA North ShoreStudiosStudio,1BA$849
Lofts on Ormsby1 Bedroom 1 Bath1BR,1BA$850
Germantown Village Apartments1 Bedrooms1BR,1BA$859
800 Towers ApartmentsStudioStudio,1BA$865
The St. Francis Apartments1BR1BA1BR,1BA$890
Ashbury Ridge2 Bedroom2BR,1BA$899
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$920
Flats on FifthThe Volstead1BR,1BA$954

Best Value Apartments for Rent in Louisville Waterfront, KY

As of June 21, 2025 the best value apartment in the Louisville Waterfront 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 Louisville Waterfront apartment is the 2 Bedroom 2 Bath 1092 Model at Fitzroy Louisville starting at $1,399 with a $1.24 price per square foot in the Clifton Heights neighborhood. Here is today’s list of the best values for Louisville Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edison ParkEP92BR,2.5BA$1.19
Fitzroy Louisville2 Bedroom 2 Bath 10922BR,2BA$1.24
Butchertown FlatsThe Avalon2BR,2BA$1.26
Reserve at Lindsay2 Bedroom2BR,1BA$1.18
St. Francis ApartmentsThe Bardstown2BR,1BA$1.30
Derby Row | Student HousingThoroughbred2BR,2BA$0.98
Ashbury Ridge2 Bedroom2BR,1BA$1.17
Views at Crescent Hill2 Bedroom A2BR,1BA$1.36
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.29

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Pet Friendly Lifestyle
Louisville Waterfront, Louisville, KY

Ranked #6

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Louisville Waterfront Neighborhood in Louisville, KY

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $954.

What is the price of a cheap apartment in Louisville Waterfront?

The cheapest apartment in Louisville Waterfront is Lofts on Ormsby which is listed at $850, while the average apartment in Louisville Waterfront costs $2,875.

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 79 regular apartments in Louisville Waterfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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

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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

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