Cheap Homes for Rent in Okolona Neighborhood of Louisville, KY from $1,200 (10 Rentals)

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

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 1 Bed unit found at Cumberland Apartments priced from $799. New Cut Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Okolona apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Cumberland Apartments1 Bed, 1 bath1BR,1BA$799
New Cut Apartments1BR/1.0BA1BR,1BA$800
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$805

Best Value Apartments for Rent in Okolona, KY

As of September 14, 2025 the best value apartment in the Okolona area is the $1.23 price per square foot 1B Model at Covington by the Lake in the in the Highview neighborhood starting from $1,263. The second greatest value Okolona apartment is the 2 Beds, 1 Bath w Fireplace Model at Bonaventure starting at $1,166 with a $1.20 price per square foot in the South Louisville 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.
Covington by the Lake1B1BR,1BA$1.23
Bonaventure2 Beds, 1 Bath w Fireplace2BR,1BA$1.20
Jefferson CrossingsOne Bedroom1BR,1BA$1.20
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.22
New Cut Apartments2BR/1.0BA2BR,1BA$1.06
Chateau Royale Apartments2 bed 1 bath2BR,1BA$1.21
4302 Naomi Dr, Unit Apt. #34302 Naomi Dr2BR,1BA$1.03
Falcon Crest Apartments1x1 7581BR,1BA$1.19
Pinecroft Drive1BR/2.5BA1BR,2.5BA$1.18
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$1.25

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Pet Friendly Lifestyle
Okolona, Louisville, KY

Ranked #34

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Okolona

What type of rentals are currently available in Okolona?

There are currently 116 Apartments for Rent in Okolona, KY with pricing that ranges from $665 to $2,539. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okolona ranging from $1,295 to $2,450.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Okolona ranges from $1,295 to $2,450 with an average monthly rent of $1,691.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Okolona range from $965 to $2,539, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,699.

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.