
Cheap Homes for Rent in Okolona Neighborhood of Louisville, KY from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Okolona area of Louisville.


1002 Meadow Hill Rd

5517 Rustic Way

4607 Caspian Dr

1645 Rangeland Rd
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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.

6105 Oakdale Ln

5100 Miles Ln

6300 Hackberry Way

8903 Willowcreek Dr

6304 Price Ln Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Okolona, Louisville, KY Local Guide

How much does it cost to rent a home in Okolona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Okolona 3 Bedroom Homes for Rent | $1,673 | $1,295 | $2,240 |
| Okolona 4 Bedroom Homes for Rent | $2,080 | $1,750 | $2,355 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 1 Bed unit found at Cumberland Apartments priced from $779. Off of Preston Hwy Affordable 1 bed/1 bath... has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Okolona apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cumberland Apartments | 1 Bed, 1 bath | 1BR,1BA | $779 |
| Off of Preston Hwy Affordable 1 bed/1 bath... | 1BR/1.0BA | 1BR,1BA | $825 |
| Affordable 1 bed/1 bath apartments off of ... | 1BR/1.0BA | 1BR,1BA | $850 |
Best Value Apartments for Rent in Okolona, KY
As of November 16, 2025 the best value apartment in the Okolona area is the $1.27 price per square foot Three Bedroom | Two Bathroom | 1100 Square Feet Model at Ventana in the in the Highview neighborhood starting from $1,399. The second greatest value Okolona apartment is the 2 Beds, 1 Bath w Fireplace Model at Bonaventure starting at $1,056 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ventana | Three Bedroom | Two Bathroom | 1100 Square Feet | 3BR,2BA | $1.27 |
| Bonaventure | 2 Beds, 1 Bath w Fireplace | 2BR,1BA | $1.08 |
| Eleven Oaks Apartments | Eleven Oaks - 2 Bedroom Townhouse | 2BR,1BA | $1.09 |
| Jefferson Crossings | One Bedroom | 1BR,1BA | $1.20 |
| The Lux Townhomes | The Lily - Cozy Two Bedroom, One Bath Townhome | 2BR,1BA | $1.22 |
| Maple Valley Apartments | Maple Valley 2 Bedroom | 2BR,1BA | $1.28 |
| Chateau Royale Apartments | 2 bed 1 bath | 2BR,1BA | $1.12 |
| Affordable 1 bed/1 bath apartments off of ... | 1BR/1.0BA | 1BR,1BA | $1.10 |
| Falcon Crest Apartments | 1x1 758 | 1BR,1BA | $1.19 |
| Off of Preston Hwy Affordable 1 bed/1 bath... | 1BR/1.0BA | 1BR,1BA | $1.18 |
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.
Read ArticleThe 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.
Read ArticleThe 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleOkolona, Louisville, KY
Ranked #31
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
Frequently Asked Questions about Okolona
What type of rentals are currently available in Okolona?
There are currently 117 Apartments for Rent in Okolona, KY with pricing that ranges from $665 to $2,539. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okolona ranging from $1,295 to $2,355.
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 $2,355 with an average monthly rent of $1,876.
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 $2,240. 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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.