Cheap Apartments for Rent in the Merriwether Neighborhood of Louisville, KY from $400 (145 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 4108 S 3rd St

$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

4108 S 3rd St

LouisvilleKY40214

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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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. Vue at 3rd Street has the second lowest priced unit, which is a Studio apartment currently listed from $699. 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
Vue at 3rd StreetStudioStudio,1BA$699
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$715
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedroom1BR,1BA$829
Artspace LoftsStudioStudio,1BA$899
Cardinal Village Apartments1x1 with Balcony1BR,1BA$899

Best Value Apartments for Rent in Merriwether, KY

As of May 10, 2026 the best value apartment in the Merriwether area is the $1.03 price per square foot 705 Rubel Ave Model at 705 Rubel Ave, Unit B in the in the Phoenix Hill neighborhood starting from $1,550. The second greatest value Merriwether apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F starting at $1,195 with a $1.20 price per square foot in the Medical Center 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.
705 Rubel Ave, Unit B705 Rubel Ave2BR,2BA$1.03
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
1436 S 3rd St, Unit #11436 S 3rd St1BR,1BA$1.05
A Little Holiday Wish Come True: No rent until January!2BR/1.0BA2BR,1BA$1.31
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
The Cornerstone1 Bedroom1BR,1BA$1.29
307 Woodbine St, Unit 3307 Woodbine St1BR,1BA$1.11
Germantown Village Apartments1 Bedroom1BR,1BA$1.25
800 Towers ApartmentsStudioStudio ,1BA$1.18
708 M St, Unit 3708 M StStudio ,1BA$0.83

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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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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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
Merriwether, Louisville, KY

Ranked #48

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the Cheapest Studio apartment in Merriwether?

Currently the most affordable Cheap Studio Apartment in Merriwether is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Merriwether Apartment?

The lowest price for a Cheap One Bedroom Merriwether Apartment is $799 at Vue at 3rd Street.

What is the lowest price for a Cheap Two Bedroom Merriwether Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Merriwether is starting from $1,000 at The Cornerstone.

What is the most affordable Merriwether Three Bedroom Apartment?

The best deal on a cheap Merriwether Three Bedroom Apartment rental is at The Cornerstone and starts from $1,200.

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 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.

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 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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.