Cheap Apartments for Rent in the Okolona Neighborhood of Louisville, KY from $500 (62 Rentals)

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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

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Clearwater Farm
$991 - $2,065
Total Monthly Price

Total Monthly Price

Base Rent
$991 - $2,065
Total Monthly Price
$991 - $2,065
1 to 3 Bedroom Apartments Available Now

Clearwater Farm

5401 Lowerfield DrLouisville, KY 40219
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Oakwood Landings
Rent Specials
$1,115 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $1,480
Total Monthly Price
$1,115 - $1,480
1 to 2 Bedroom Apartments Available Now

Oakwood Landings

5141 Commerce Crossings DrLouisville, KY 40229
Eco-Friendly
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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

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Woodgate Apartments
$1,135 - $1,310
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,310
Total Monthly Price
$1,135 - $1,310
2 Bedroom Apartments Contact Us For Availability

Woodgate Apartments

4320 Outer LoopLouisville, KY 40219
Furnished
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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
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Whispering Oaks
2 Bedroom Apartments

Whispering Oaks

4801 Fern Valley RdLouisville, KY 40219
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Tymberwood Trace
1 to 2 Bedroom Apartments

Tymberwood Trace

7500 Beechview WayLouisville, KY 40219

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Valore At The Maples
1 to 2 Bedroom Apartments

Valore At The Maples

7500 Dunwoody CtLouisville, KY 40219
Corporate Housing
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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
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Oak Run Apartments
2 Bedroom Apartments

Oak Run Apartments

763 McCawley RdLouisville, KY 40219
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Pinecroft Apartments
1 Bedroom Apartments

Pinecroft Apartments

4115-4117 Pinecroft DrLouisville, KY 40219
Senior Living
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Jefferson Crossing
2 to 3 Bedroom Apartments

Jefferson Crossing

5101 Gemma WayLouisville, KY 40219
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Woods of Bridgewood
2 Bedroom Apartments

Woods of Bridgewood

5405 Warwickshire DrLouisville, KY 40213
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Okolona, Louisville, KY Local Guide

Cheapest Available Okolona Apartments for Rent

 

The cheapest available apartment rental in the Okolona area of Louisville, KY is a Studio unit found at Serenity Court Apartments priced from $741. Cumberland Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Okolona apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Serenity Court ApartmentsEfficiencyStudio,1BA$741
Cumberland Apartments1 Bed, 1 bath1BR,1BA$799
Falcon Crest Apartments1.11BR,1BA$899
Mount Vernon1 Bedroom Apartment1BR,1BA$900
The Stratton1BR1BA- A1BR,1BA$919
Pinecroft Apartments1BR/1.0BA1BR,1BA$925
Willow Place ApartmentsTwo bedroom2BR,1BA$927
Ventana1 Bedroom 1 Bathroom1BR,1BA$949
Minor LaneMinor Ln 1BR1BR,1BA$950

Best Value Apartments for Rent in Okolona, KY

As of July 30, 2026 the best value apartment in the Okolona area is the $1.18 price per square foot 3 Bedroom Model at Jefferson Green in the in the Edgewood neighborhood starting from $1,398. The second greatest value Okolona 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 Okolona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jefferson Green3 Bedroom3BR,2BA$1.18
Willow Place ApartmentsTwo bedroom2BR,1BA$0.91
Woodgate Apartments2 Bedroom, 1 Bath2BR,1BA$1.14
Eleven Oaks Apartments2B/1BA2BR,1BA$1.13
Jefferson CrossingsT200wo Bedroom2BR,1BA$1.20
Maple Valley ApartmentsMaple Valley 2 Bedroom2BR,1BA$1.11
4302 Naomi Dr, Unit #34302 Naomi Dr2BR,1BA$0.98
Minor LaneMinor Ln 1BR1BR,1BA$1.23
Falcon Crest Apartments1.11BR,1BA$1.19
Serenity Court ApartmentsEfficiencyStudio ,1BA$1.06

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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Pet Friendly Lifestyle
Okolona, Louisville, KY

Ranked #62

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Frequently Asked Questions about Cheap Okolona Apartments

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 $2,197.

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 24 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 $176 which is $2,021 cheaper than the average rent for all rentals in Okolona.

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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Bourbon, Baseball, and the Blues: Your Insider's 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.

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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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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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