
Cheap Apartments for Rent in the Okolona Neighborhood of Louisville, KY from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Okolona area of Louisville.


Whispering Hills Apartments Southeast

Whispering Hills Apartments

Serenity Court Apartments

Cumberland Apartments

Eleven Oaks Apartments
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Applegate Farm Apartments

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Okolona, Louisville, KY Local Guide

How much does it cost to rent an apartment in Okolona?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Okolona Studio Apartments | $823 | $200 | $1,829 |
Okolona 1 Bedroom Apartments | $1,041 | $735 | $1,720 |
Okolona 2 Bedroom Apartments | $1,256 | $835 | $2,366 |
Okolona 3 Bedroom Apartments | $1,507 | $965 | $2,539 |
Okolona 4 Bedroom Apartments | $1,799 | $1,699 | $1,899 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Okolona Neighborhood of Louisville, KY.
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Okolona, Louisville, KY Local Guide
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Cheapest Available Okolona Apartments for Rent
 The cheapest available apartment rental in the Okolona area of Louisville, KY is a 2 Beds unit found at Louisville 53 priced from $650. Serenity Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $741. Here are the most affordable Okolona apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Louisville 53 | 2 bedroom, 1 bath | 2BR,1BA | $650 |
Serenity Court Apartments | Efficiency | Studio,1BA | $741 |
The Lofts at Pinecroft | 1 bedroom, 1 bath | 2BR,1BA | $795 |
Cumberland Apartments | 1 Bed, 1 bath | 1BR,1BA | $799 |
Falcon Crest Apartments | 1x1 758 | 1BR,1BA | $899 |
Best Value Apartments for Rent in Okolona, KY
As of August 04, 2025 the best value apartment in the Okolona area is the $1.04 price per square foot Eleven Oaks - 3 Bedroom Townhouse Model at Eleven Oaks Apartments in the in the Edgewood neighborhood starting from $1,135. The second greatest value Okolona apartment is the 2 Bedroom 2 Bath Model at Lone Oak Meadows starting at $1,209 with a $1.13 price per square foot in the South Side neighborhood. Here is today’s list of the best values for Okolona apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eleven Oaks Apartments | Eleven Oaks - 3 Bedroom Townhouse | 3BR,1BA | $1.04 |
Lone Oak Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.13 |
The Willard at Preston Crossing | 1B | 1BR,1BA | $1.19 |
Jefferson Crossings | One Bedroom | 1BR,1BA | $1.20 |
The Lux Townhomes | The Lily - Cozy Two Bedroom, One Bath Townhome | 2BR,1BA | $1.22 |
Bonaventure | 2 Beds, 1 Bath | 2BR,1BA | $1.23 |
Serenity Court Apartments | 2 Bedroom | 2BR,1BA | $1.08 |
4302 Naomi Dr, Unit Apt. #3 | 4302 Naomi Dr | 2BR,1BA | $1.06 |
Falcon Crest Apartments | 1x1 758 | 1BR,1BA | $1.19 |
The Lofts at Pinecroft | 1 bedroom, 1 bath | 2BR,1BA | $1.14 |
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Pet Friendly LifestyleOkolona, Louisville, KY
Ranked #38
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Okolona, Louisville, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Kentucky and customized analysis for Louisville, Kentucky. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Okolona Neighborhood in Louisville, KY
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
32 / 100
Some Transit
A few 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 Okolona Apartments
What is a cheap apartment in Okolona?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okolona is under $1,050.
What is the price of a cheap apartment in Okolona?
The cheapest apartment in Okolona is Cumberland Apartments which is listed at $799, while the average apartment in Okolona costs $1,699.
What types of apartments are the cheapest in Okolona?
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 9 regular apartments in Okolona 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 Okolona?
Cheap apartments in Okolona have an average cost of $312 which is $1,387 cheaper than the average rent for all rentals in Okolona.
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.

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.

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.

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Written by: Christine Leonard, Esq.
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Written by: Cheryl Bowman
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