Cheap Apartments for Rent in the NuLu Neighborhood of Louisville, KY from $500 (45 Rentals)

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

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The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
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The Quad
Studio to 3 Bedroom Apartments

The Quad

600 Marshall StLouisville, KY 40202
Student Housing
  • Utilities Included
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1000 E Jefferson St
1 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
  • Utilities Included

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NuLu, Louisville, KY Local Guide

Cheapest Available NuLu Apartments for Rent

 

The cheapest available apartment rental in the NuLu area of Louisville, KY is a Studio unit found at Vue at 3rd Street priced from $799. Germantown Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable NuLu apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Poplar TerraceStudioStudio,1BA$839
Cathedral CommonsStudioStudio,1BA$850
800 Towers ApartmentsStudioStudio,1BA$865
Flats on FifthThe Volstead1BR,1BA$886
The St. Francis Apartments1BR1BA1BR,1BA$890
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$955
Views at Crescent Hill1 Bedroom B1BR,1BA$969
Germantown Mill LoftsCaboose StudioStudio,1BA$995

Best Value Apartments for Rent in NuLu, KY

As of September 16, 2025 the best value apartment in the NuLu area is the $1.38 price per square foot One Bedroom Model at The Prestonian in the in the Medical Center neighborhood starting from $1,245. The second greatest value NuLu apartment is the 2 Bedroom Model at Beecher Terrace Apartments starting at $1,225 with a $1.42 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for NuLu apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The PrestonianOne Bedroom1BR,1BA$1.38
Beecher Terrace Apartments2 Bedroom2BR,1BA$1.42
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
Ashbury Ridge2 Bedroom2BR,1BA$1.30
Butchertown FlatsThe Elle1BR,1BA$1.31
Guthrie-Coke Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.49
Cathedral CommonsStudioStudio ,1BA$1.21
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.25
800 Towers ApartmentsStudioStudio ,1BA$1.43

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Nulu, Louisville, KY

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the NuLu Neighborhood in Louisville, KY

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap NuLu Apartments

What is a cheap apartment in NuLu?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in NuLu is under $995.

What is the price of a cheap apartment in NuLu?

The cheapest apartment in NuLu is Germantown Village Apartments which is listed at $829, while the average apartment in NuLu costs $2,875.

What types of apartments are the cheapest in NuLu?

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 94 regular apartments in NuLu 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 NuLu?

Cheap apartments in NuLu have an average cost of $261 which is $2,614 cheaper than the average rent for all rentals in NuLu.

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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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 Rental Move-In Inspection Checklist: A Guide for Renters

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.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.