Cheap Homes for Rent in Merriwether Neighborhood of Louisville, KY from $700 (36 Rentals)

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

property at 2057 May Ave

$850

1 Bedroom Rentals

Available Now

2057 May Ave

LouisvilleKY40217

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.

property at 409 W Gaulbert Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

409 W Gaulbert Ave

LouisvilleKY40208

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.

property at 1552 Gallagher St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1552 Gallagher St

LouisvilleKY40210

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 514 Longfield Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

514 Longfield Ave

LouisvilleKY40215
property at 1500 S Hancock St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1500 S Hancock St

LouisvilleKY40217
property at 514 Montana Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

4 Bedroom, 1 Bath Home for Rent

Available Now

514 Montana Ave

LouisvilleKY40208

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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. The Prestonian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $543. 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
The Prestonian1A1BR,1BA$543
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$715
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
The Quad Apartments0BR/1.0BAStudio,1BA$825
Germantown Village1 Bedroom1BR,1BA$829
1417 Nightingale RdHeights at Audubon 1BR1BR,1BA$875
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$895
Cardinal Village Apartments1x1 with Balcony1BR,1BA$899

Best Value Apartments for Rent in Merriwether, KY

As of June 10, 2026 the best value apartment in the Merriwether area is the $1.10 price per square foot 1118 Hilliard Ave Model at 1118 Hilliard Ave, Unit Apt. #1 in the in the Phoenix Hill neighborhood starting from $1,650. The second greatest value Merriwether apartment is the 1461 S 1st St Model at 1461 S 1st St, Unit Apt 2 starting at $1,300 with a $1.00 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.
1118 Hilliard Ave, Unit Apt. #11118 Hilliard Ave2BR,2BA$1.10
1461 S 1st St, Unit Apt 21461 S 1st St2BR,1BA$1.00
Derby Row | Student HousingJulep4BR,4BA$0.51
1436 S 3rd St1436 S 3rd St2BR,2BA$1.07
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
1423 Debarr St, Unit 21423 Debarr St1BR,1BA$0.96
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Avenue Willow2BR/1.0BA2BR,1BA$1.16
Germantown Village Apartments1 Bedroom1BR,1BA$1.25
800 Towers ApartmentsStudioStudio ,1BA$1.18

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 #33

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Merriwether

What type of rentals are currently available in Merriwether?

There are currently 773 Apartments for Rent in Merriwether, KY with pricing that ranges from $200 to $6,950. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merriwether ranging from $725 to $4,200.

What is the current price range for Rental Homes in Merriwether?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Merriwether ranges from $725 to $4,200 with an average monthly rent of $2,140.

How much are larger Three and Four Bedroom Rentals in Merriwether?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Merriwether range from $717 to $4,996, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $669.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.