Cheap Apartments for Rent in the NuLu Neighborhood of Louisville, KY from $500 (38 Rentals)

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

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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Elevate at NULU Apartment Homes
Rent Specials
$913 - $2,002
Total Monthly Price

Total Monthly Price

Base Rent
$831 - $1,920
Required Monthly Fees
$82
Total Monthly Price
$913 - $2,002
Studio to 3 Bedroom Apartments Available Now

Elevate at NULU Apartment Homes

802 E Madison StLouisville, KY 40204
Corporate Housing
  • Verified
  • Customer Reviewed
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Maven @ 806
Rent Specials
$934 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$934 - $1,719
Total Monthly Price
$934 - $1,719
1 to 2 Bedroom Apartments Available Now

Maven @ 806

806 E Chestnut StLouisville, KY 40204
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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310 at Nulu Apartments
Rent Specials
$1,116 - $2,049
Total Monthly Price

Total Monthly Price

Base Rent
$1,046 - $1,979
Required Monthly Fees
$70
Total Monthly Price
$1,116 - $2,049
Studio to 2 Bedroom Apartments Available Now

310 at Nulu Apartments

310 S Hancock StLouisville, KY 40202
Corporate Housing
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  • Customer Reviewed
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Main & Clay
$1,163 - $4,637
Total Monthly Price

Total Monthly Price

Base Rent
$1,118 - $4,592
Required Monthly Fees
$45
Total Monthly Price
$1,163 - $4,637
Studio to 3 Bedroom Apartments Available Now

Main & Clay

633 E Main StLouisville, KY 40202
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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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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1000 E Jefferson St
1 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Spring Street Commons
$1,195 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,350
Total Monthly Price
$1,195 - $1,350
1 to 2 Bedroom Apartments Available Now

Spring Street Commons

228 Spring StJeffersonville, IN 47130
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
Showing Results 1-38, Page 1 of 1

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 $699. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable NuLu apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Vue at 3rd StreetStudioStudio,1BA$699
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$765
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
Germantown Village Apartments1 Bedroom Only1BR,1BA$799
The Quad0BR/1.0BAStudio,1BA$825
Beecher Terrace Apartments1 Bedroom Tax Credit*1BR,1BA$861
Painters RowStudio - 1 BathroomStudio,1BA$862
Flats on FifthThe Lindy1BR,1BA$878
Ashbury Ridge2 Bedroom2BR,1BA$899

Best Value Apartments for Rent in NuLu, KY

As of February 20, 2026 the best value apartment in the NuLu area is the $1.39 price per square foot 2+1 Reno Model at Chatsworth Park Apartments in the in the Crescent Hill neighborhood starting from $1,250. 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.
Chatsworth Park Apartments2+1 Reno2BR,1BA$1.39
Beecher Terrace Apartments2 Bedroom2BR,1BA$1.42
Maven @ 806CH 1x11BR,1BA$1.42
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
Ashbury Ridge2 Bedroom2BR,1BA$1.17
Butchertown FlatsThe Elle1BR,1BA$1.31
Views at Crescent Hill2 Bedroom A2BR,1BA$1.36
Painters Row1 Bedroom - 1 Bathroom1BR,1BA$1.33
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.28
800 Towers ApartmentsStudioStudio ,1BA$1.35

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Quick Rent Budget Calculator

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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
Nulu, Louisville, KY

Ranked #5

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 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 $899.

What is the price of a cheap apartment in NuLu?

The cheapest apartment in NuLu is Vue at 3rd Street which is listed at $799, while the average apartment in NuLu costs $1,799.

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 186 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 $403 which is $1,396 cheaper than the average rent for all rentals in NuLu.

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.

Articles, How-To's, and Tips

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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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.