Cheap Apartments for Rent in the Medical Center Neighborhood of Louisville, KY from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Medical Center 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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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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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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The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
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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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747 S 5th St
1 to 2 Bedroom Apartments

747 S 5th St

747 S 5th StLouisville, KY 40203
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
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Showing Results 1-35, Page 1 of 1

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 Studio unit found at Vue at 3rd Street priced from $699. Chapel House Senior Apartments - Age 62+ has the second lowest priced unit, which is a Studio apartment currently listed from $776. Here are the most affordable Medical Center apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Vue at 3rd StreetStudioStudio,1BA$699
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
800 Towers ApartmentsStudioStudio,1BA$819
The Quad0BR/1.0BAStudio,1BA$825
Cathedral CommonsStudioStudio,1BA$850
Flats on FifthThe Wilson1BR,1BA$854
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$899
Park Edge Apartments1 Bedroom 1 Bathroom1BR,1BA$950
York Towers ApartmentsStudioStudio,1BA$976

Best Value Apartments for Rent in Medical Center, KY

As of January 13, 2026 the best value apartment in the Medical Center area is the $1.37 price per square foot CH 2x2 Model at Maven @ 806 in the in the Medical Center neighborhood starting from $1,719. The second greatest value Medical Center apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 2F starting at $850 with a $0.85 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.
Maven @ 806CH 2x22BR,2BA$1.37
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The Cornerstone2 Bedroom2BR,1BA$1.11
The St. Francis Apartments2BR2BA2BR,2BA$1.46
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Elevate at NULU Apartment HomesProminance1BR,1BA$1.37
Cathedral CommonsStudioStudio ,1BA$1.21
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.35
Park Edge Apartments1 Bedroom 1 Bathroom1BR,1BA$1.44
800 Towers ApartmentsStudioStudio ,1BA$1.35

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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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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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
Medical Center, Louisville, KY

Ranked #19

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 a cheap apartment in Medical Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical Center is under $976.

What is the price of a cheap apartment in Medical Center?

The cheapest apartment in Medical Center is Vue at 3rd Street which is listed at $799, while the average apartment in Medical Center costs $1,905.

What types of apartments are the cheapest in Medical Center?

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 13 regular apartments in Medical Center 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 Medical Center?

Cheap apartments in Medical Center have an average cost of $381 which is $1,524 cheaper than the average rent for all rentals in Medical Center.

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

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.