Cheap Apartments for Rent in the Medical Center Neighborhood of Louisville, KY from $525 (69 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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property at 952 S Floyd St
$925
1 Bedroom Rentals
Available Now
Affordability

952 S Floyd St

LouisvilleKY40203

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Main & Clay
Rent Specials
$1,273 - $5,112

Total Monthly Price

Base Rent$1,273 - $5,112
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Main & Clay

633 E Main StLouisville, KY 40202
Corporate Housing
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701 E Kentucky St, Unit 2A
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
2 Bedroom Apartment Available Now

701 E Kentucky St, Unit 2A

701 E Kentucky StLouisville, KY 40203
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Louisville's Best Affordable Neighborhoods

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

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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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1128 S. 3rd
Studio to 1 Bedroom Apartments

1128 S. 3rd

1124-1128 S 3rd StLouisville, KY 40203
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Vue at 3rd Street
Studio to 1 Bedroom Apartments

Vue at 3rd Street

537 S 3rd StLouisville, KY 40202
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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 1128 S. 3rd priced from $695. 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
1128 S. 3rd1BR/1.0BA1BR, 1BA$695
800 Towers ApartmentsStudioStudio, 1BA$715
The Quad0BR/1.0BAStudio, 1BA$825
S. 3rd Street, 10091BR/1.0BA1BR, 1BA$825
Germantown Village Apartments1 Bedroom1BR, 1BA$849
The Cornerstone1 Bedroom1BR, 1BA$900
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR, 1BA$925
Flats on FifthThe Volstead1BR, 1BA$939
Lofts of BroadwayThe Mason - Sophisticated One Bedroom Apartment...1BR, 1BA$950
York Towers ApartmentsStudioStudio, 1BA$976

Best Value Apartments for Rent in Medical Center, KY

As of September 17, 2026 the best value apartment in the Medical Center area is the $1.08 price per square foot EP4 Model at Edison Park in the Medical Center neighborhood starting from $1,300. The second greatest value Medical Center apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F in the Medical Center neighborhood starting at $1,150 with a $1.15 price per square foot. 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.
Edison ParkEP41BR, 1.5BA$1.08
535 E Kentucky St, Unit 1F535 E Kentucky St2BR, 1BA$1.15
1200 So 6th St3BR/1.0BA3BR, 1BA$1.25
Glassworks Lofts1 Bedroom - 1 Bathroom1BR, 1BA$1.21
S. 3rd Street, 10091BR/1.0BA1BR, 1BA$1.14
The Cornerstone1 Bedroom1BR, 1BA$1.29
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR, 1BA$1.32
Germantown Village Apartments1 Bedroom1BR, 1BA$1.28
1128 S. 3rd0BR/1.0BAStudio, 1BA$1.07
800 Towers ApartmentsStudioStudio, 1BA$1.18

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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 #37

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 1128 S. 3rd which is listed at $695, while the average apartment in Medical Center costs $1,316.

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 110 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 $529 which is $787 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.

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