Cheap Apartments for Rent in the Medical Center Neighborhood of Louisville, KY from $500 (34 Rentals)

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

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Elevate at NULU Apartment Homes
Rent Specials
$913 - $2,011
Total Monthly Price

Total Monthly Price

Base Rent
$831 - $1,929
Required Monthly Fees
$82

Total Monthly Price
$913 - $2,011
Studio to 3 Bedroom Apartments Contact Us For Availability

Elevate at NULU Apartment Homes

802 E Madison StLouisville, KY 40204
Corporate Housing
  • Verified
  • Customer Reviewed
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Maven @ 806
$934 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$934 - $1,719

Total Monthly Price
$934 - $1,719
1 to 2 Bedroom Apartments Available Now

Maven @ 806

806 E Chestnut StLouisville, KY 40204
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
property at 839 S Jackson St

$950 - $1,700

Studio To 3 Bedroom Rentals

Available Now

839 S Jackson St

LouisvilleKY40203

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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

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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
  • Utilities Included
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Park Edge Apartments
1 Bedroom Apartments

Park Edge Apartments

410 S Hancock StLouisville, KY 40202
  • Utilities Included
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747 S 5th St
1 to 2 Bedroom Apartments

747 S 5th St

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

Glassworks Lofts

815 W Market StLouisville, KY 40202
  • Utilities Included

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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1202 S 3rd St
Studio to 2 Bedroom Apartments

1202 S 3rd St

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

Urban Flats

735 S 2nd StLouisville, KY 40202
  • Utilities Included

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. Germantown Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Medical Center apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Vue at 3rd StreetStudioStudio,1BA$699
Germantown Village Apartments1 Bedroom1BR,1BA$799
The Quad0BR/1.0BAStudio,1BA$825
Cathedral CommonsStudioStudio,1BA$850
800 Towers ApartmentsStudioStudio,1BA$864
Flats on FifthThe Lindy1BR,1BA$884
The Cornerstone1 Bedroom1BR,1BA$900
York Towers ApartmentsStudioStudio,1BA$976
Elevate at NULU Apartment HomesProminance1BR,1BA$990

Best Value Apartments for Rent in Medical Center, KY

As of March 03, 2026 the best value apartment in the Medical Center area is the $0.85 price per square foot 535 E Kentucky St Model at 535 E Kentucky St, Unit 2F in the in the Medical Center neighborhood starting from $850. 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 2F535 E Kentucky St2BR,1BA$0.85
The St. Francis Apartments2BR2BA2BR,2BA$1.46
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Maven @ 806CH 1x11BR,1BA$1.42
Lofts of BroadwayThe Addison - Bright One Bedroom Flat1BR,1BA$1.59
Guthrie-Coke Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.49
Cathedral CommonsStudioStudio ,1BA$1.21
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village Apartments1 Bedroom1BR,1BA$1.20
800 Towers ApartmentsStudioStudio ,1BA$1.43

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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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 #26

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 $990.

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 $14,090.

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 38 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 $594 which is $13,496 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.