Cheap Apartments for Rent in the Medical Center Neighborhood of Louisville, KY from $500 (57 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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The St. Francis Apartments
Rent Specials
$852 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$852 - $1,260
Total Monthly Price
$852 - $1,260
Studio to 2 Bedroom Apartments Available Now

The St. Francis Apartments

233 W BroadwayLouisville, KY 40202
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 956 S Floyd St

$925

1 Bedroom, 1 Bath Home for Rent

Unavailable

956 S Floyd St

LouisvilleKY40203

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701 E Kentucky St, Unit 2B
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
1 Bedroom Apartment Available Now

701 E Kentucky St, Unit 2B

701 E Kentucky StLouisville, KY 40203
Affordability
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Main & Clay
Rent Specials
$1,147 - $4,893
Total Monthly Price

Total Monthly Price

Base Rent
$1,147 - $4,893
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Main & Clay

633 E Main StLouisville, KY 40202
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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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Vue at 3rd Street
Studio to 1 Bedroom Apartments

Vue at 3rd Street

537 S 3rd StLouisville, KY 40202
Senior Living

Louisville's Best Affordable Neighborhoods

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

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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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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
  • Utilities Included
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Glassworks Lofts
1 Bedroom Apartments

Glassworks Lofts

815 W Market StLouisville, KY 40202
  • Utilities Included
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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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 Studio unit found at 800 Towers Apartments priced from $719. The Quad has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Medical Center apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
800 Towers ApartmentsStudioStudio,1BA$719
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedroom1BR,1BA$849
The St. Francis ApartmentsStudioStudio,1BA$852
The Cornerstone1 Bedroom1BR,1BA$900
947 S Brook St1/11BR,1BA$900
Flats on FifthThe Armstrong1BR,1BA$933
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$950
York Towers ApartmentsStudioStudio,1BA$976
Elevate at NuLu Apartment HomesB012BR,1BA$999

Best Value Apartments for Rent in Medical Center, KY

As of July 31, 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 1 Bedroom - 1 Bathroom Model at Glassworks Lofts starting at $1,018 with a $1.21 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
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Maven @ 8061x11BR,1BA$1.45
Guthrie-Coke Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.49
The Cornerstone1 Bedroom1BR,1BA$1.29
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$1.35
Germantown Village Apartments1 Bedroom1BR,1BA$1.28
Park Edge Apartments1 Bedroom Waiting List1BR,1BA$1.55
947 S Brook St1/11BR,1BA$1.44
800 Towers ApartmentsStudioStudio ,1BA$1.19

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

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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 #50

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 $999.

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

The cheapest apartment in Medical Center is 800 Towers Apartments which is listed at $754, while the average apartment in Medical Center costs $6,730.

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 28 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 $803 which is $5,927 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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