Cheap Apartments for Rent in the Medical Center Neighborhood of Louisville, KY from $500 (54 Rentals)

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

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.

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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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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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Main & Clay
Rent Specials
$1,369 - $6,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,369 - $6,140
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Main & Clay

633 E Main StLouisville, KY 40202
Corporate Housing
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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
  • 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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Vue at 3rd Street
Studio to 1 Bedroom Apartments

Vue at 3rd Street

537 S 3rd StLouisville, KY 40202
Senior Living
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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
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947 S Brook St
1 Bedroom Apartments

947 S Brook St

947 S Brook StLouisville, KY 40203
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747 S 5th St
1 to 2 Bedroom Apartments

747 S 5th St

747 S 5th StLouisville, KY 40203
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Glassworks Lofts
1 Bedroom Apartments

Glassworks Lofts

815 W Market StLouisville, KY 40202
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1202 S 3rd St
Studio to 2 Bedroom Apartments

1202 S 3rd St

1202 S 3rd StLouisville, KY 40203
Student Housing
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Urban Flats
1 to 2 Bedroom Apartments

Urban Flats

735 S 2nd StLouisville, KY 40202
  • Utilities Included

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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Medical Center, Louisville, KY Local Guide

Cheapest Available Medical Center Apartments for Rent

 

The cheapest available apartment rental in the Medical Center area of Louisville, KY is a 1 Bed unit found at The Prestonian priced from $543. 800 Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Medical Center apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Prestonian1A1BR,1BA$543
800 Towers ApartmentsStudioStudio,1BA$715
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedroom1BR,1BA$829
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$870
947 S Brook St1/11BR,1BA$900
The Cornerstone1 Bedroom1BR,1BA$900
Flats on FifthThe Armstrong1BR,1BA$924
York Towers ApartmentsStudioStudio,1BA$976
Artspace LoftsThe MinimalistStudio,1BA$1,014

Best Value Apartments for Rent in Medical Center, KY

As of June 04, 2026 the best value apartment in the Medical Center area is the $1.20 price per square foot 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F in the in the Medical Center neighborhood starting from $1,195. The second greatest value Medical Center apartment is the 2BR2BA Model at The St. Francis Apartments starting at $1,260 with a $1.46 price per square foot in the Medical Center neighborhood. Here is today’s list of the best values for Medical Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
The St. Francis Apartments2BR2BA2BR,2BA$1.46
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Maven @ 8061x11BR,1BA$1.46
Guthrie-Coke Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.49
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village Apartments1 Bedroom1BR,1BA$1.25
947 S Brook St1/11BR,1BA$1.44
Crescent Centre Apartments & TownhomesOne Bedroom-615 sqft1BR,1BA$1.54
800 Towers ApartmentsStudioStudio ,1BA$1.18

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Medical Center, Louisville, KY

Ranked #38

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Kentucky, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Medical Center Apartments

What is the Cheapest Studio apartment in Medical Center?

Currently the most affordable Cheap Studio Apartment in Medical Center is at 800 Towers Apartments listed at $715.

How much is rent for a Cheap One Bedroom Medical Center Apartment?

The lowest price for a Cheap One Bedroom Medical Center Apartment is $543 at The Prestonian.

What is the lowest price for a Cheap Two Bedroom Medical Center Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Medical Center is starting from $1,000 at The Cornerstone.

What is the most affordable Medical Center Three Bedroom Apartment?

The best deal on a cheap Medical Center Three Bedroom Apartment rental is at The Cornerstone and starts from $1,200.

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

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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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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.

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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.

Articles, How-To's, and Tips

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.