Cheap Apartments for Rent in the Merriwether Neighborhood of Louisville, KY from $500 (193 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

Read Article
property at 1310 S 6th St

$795 - $825

Studio To 1 Bedroom Rentals

Available Now

1310 S 6th St

LouisvilleKY40208

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

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.

Read Article
close
View Me
2607 Preston Hwy, Unit #3
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
1 Bedroom Apartment Available Now

2607 Preston Hwy, Unit #3

2607 Preston HwyLouisville, KY 40217
Furnished
  • Smoke Free

Merriwether - One of the Best Affordable Neighborhoods in Louisville

Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

Read Article

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 4

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. 1128 S. 3rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. 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
1128 S. 3rd1BR/1.0BA1BR,1BA$695
800 Towers ApartmentsStudioStudio,1BA$719
1388 S 2nd1BR/1.0BA1BR,1BA$755
1215 S. 4th St1BR/1.0BA1BR,1BA$795
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
Lofts on OrmsbyStudioStudio,1BA$800
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedroom1BR,1BA$849

Best Value Apartments for Rent in Merriwether, KY

As of August 17, 2026 the best value apartment in the Merriwether area is the $1.02 price per square foot 4002 Southern Pky Model at 4002 Southern Pky, Unit 1 in the in the Downtown Louisville neighborhood starting from $1,525. The second greatest value Merriwether apartment is the 2BR/1.0BA Model at 1390 S. 1st starting at $1,200 with a $0.83 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.
4002 Southern Pky, Unit 14002 Southern Pky3BR,1.5BA$1.02
1390 S. 1st2BR/1.0BA2BR,1BA$0.83
Brexx at LouisvilleBirchmore 2x22BR,2BA$0.80
1436 S 3rd St, Unit Carriage House1436 S 3rd St2BR,2BA$1.07
The Nine2x22BR,2BA$1.15
Derby Row | Student HousingThoroughbred2BR,2BA$1.09
2208 Crittenden Dr2208 Crittenden Dr1BR,1BA$1.17
2208 Crittenden Dr, Unit 32208 Crittenden Dr1BR,1BA$1.04
1128 S. 3rd0BR/1.0BAStudio ,1BA$1.07
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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Merriwether, Louisville, KY

Ranked #24

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Merriwether, Louisville, KY

School data provided by Great Schools

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.

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 $849.

What is the price of a cheap apartment in Merriwether?

The cheapest apartment in Merriwether is 1128 S. 3rd which is listed at $695, while the average apartment in Merriwether costs $1,283.

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 86 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 $506 which is $777 cheaper than the average rent for all rentals in Merriwether.

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.

Helpful Local Expert Guides

decorative image for Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky article

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.