Cheap Apartments for Rent in the Merriwether Neighborhood of Louisville, KY from $400 (75 Rentals)

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

property at 4113 S 3rd St

4113 S 3rd St

LouisvilleKY40214

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property at 730 M St

730 M St

LouisvilleKY40208

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Merriwether, Louisville, KY Local Guide

Cheapest Available Merriwether Apartments for Rent

 

The cheapest available apartment rental in the Merriwether area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Merriwether apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Poplar TerraceStudioStudio,1BA$839
1386 S 3rd StEfficiency1BR,1BA$850
Cathedral CommonsStudioStudio,1BA$850
800 Towers ApartmentsStudioStudio,1BA$865

Best Value Apartments for Rent in Merriwether, KY

As of September 14, 2025 the best value apartment in the Merriwether area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Merriwether apartment is the 433 Park Ave Model at 433 Park Ave, Unit 1 starting at $1,800 with a $1.05 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Merriwether apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
433 Park Ave, Unit 1433 Park Ave2BR,1BA$1.05
1402 Hepburn Ave, Unit 11402 Hepburn Ave1BR,2BA$1.11
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
The Cornerstone2 Bedroom2BR,1BA$1.11
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
Cathedral CommonsStudioStudio ,1BA$1.21
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.25
708 M St, Unit 3708 M StStudio ,1BA$0.83

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Pet Friendly Lifestyle
Merriwether, Louisville, KY

Ranked #13

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

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Merriwether, Louisville, and the greater Louisville area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, apartment communities for the kids, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Merriwether Neighborhood in Louisville, KY

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Merriwether Apartments

What is a cheap apartment in Merriwether?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Merriwether is under $865.

What is the price of a cheap apartment in Merriwether?

The cheapest apartment in Merriwether is Gateway on Broadway which is listed at $542, while the average apartment in Merriwether costs $1,515.

What types of apartments are the cheapest in Merriwether?

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 46 regular apartments in Merriwether 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 Merriwether?

Cheap apartments in Merriwether have an average cost of $345 which is $1,170 cheaper than the average rent for all rentals in Merriwether.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

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decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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