Cheap Homes for Rent in Newburg Neighborhood of Louisville, KY from $1,200 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Newburg 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.

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.

Cheapest Available Newburg Apartments for Rent

 

The cheapest available apartment rental in the Newburg area of Louisville, KY is a 1 Bed unit found at Eleven Oaks Apartments priced from $837. Preston Oaks has the second lowest priced unit, which is a 2 Beds apartment currently listed from $839. Here are the most affordable Newburg apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$837
Preston OaksThoroughbred2BR,1BA$839
The Harrison | MarcMarc 1 Bedroom 1 Bathroom1BR,1BA$849

Best Value Apartments for Rent in Newburg, KY

As of June 19, 2026 the best value apartment in the Newburg area is the $1.27 price per square foot 3 Bedroom 2 Bathroom Model at Ventana in the in the Highview neighborhood starting from $1,399. The second greatest value Newburg apartment is the Two bedroom Model at Willow Place Apartments starting at $927 with a $0.91 price per square foot in the Edgewood neighborhood. Here is today’s list of the best values for Newburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ventana3 Bedroom 2 Bathroom3BR,2BA$1.27
Willow Place ApartmentsTwo bedroom2BR,1BA$0.91
Maple Valley Apartmentsmaple valley 3bd3BR,1BA$1.25
Jefferson CrossingsT200wo Bedroom2BR,1BA$1.20
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.24
Preston OaksThoroughbred2BR,1BA$1.23
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$1.30
Clearwater FarmA11BR,1BA$1.88
Tanglewood ApartmentsStudioStudio ,1BA$1.70
The Harrison | MarcMarc 1 Bedroom 1 Bathroom1BR,1BA$1.86

Frequently Asked Questions about Newburg

What type of rentals are currently available in Newburg?

There are currently 61 Apartments for Rent in Newburg, KY with pricing that ranges from $695 to $2,870. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newburg ranging from $1,295 to $3,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Newburg ranges from $1,295 to $3,000 with an average monthly rent of $1,896.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Newburg range from $920 to $2,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,145. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,810.

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

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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.

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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.

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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.

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Bourbon, Baseball, and the Blues: Your Insiders 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.

Articles, How-To's, and Tips

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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.

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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.

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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.