
Cheap Apartments for Rent in the Old Louisville Neighborhood of Louisville, KY from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Louisville area of Louisville.


1212 S Floyd St

Lofts on Ormsby

633 W Ormsby Ave

212 W Lee St
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.

1218 S Brook St

Chapel House Senior Apartments - Age 62+

800 Towers Apartments

1415 St James Ct

The St. Francis Apartments
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.

502 Belgravia Ct

110 W Oak St

952 S Floyd St
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.

The Hillebrand House - Senior Living
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.

Old Louisville - Oak Street Apartments
Old Louisville, Louisville, KY Local Guide

How much does it cost to rent an apartment in Old Louisville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Louisville Studio Apartments | $906 | $200 | $1,034 |
Old Louisville 1 Bedroom Apartments | $1,006 | $200 | $1,350 |
Old Louisville 2 Bedroom Apartments | $1,178 | $884 | $2,000 |
Old Louisville 3 Bedroom Apartments | $869 | $691 | $1,650 |
Old Louisville 4 Bedroom Apartments | $772 | $691 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Old Louisville Neighborhood of Louisville, KY.
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Old Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available Old Louisville Apartments for Rent
 The cheapest available apartment rental in the Old Louisville area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. The Province has the second lowest priced unit, which is a 4 Beds apartment currently listed from $691. Here are the most affordable Old Louisville apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
The Province | UofL 4 Bed - 4 Bath B | 4BR,4BA | $691 |
1386 S 3rd St | Efficiency | 1BR,1BA | $850 |
800 Towers Apartments | Studio | Studio,1BA | $865 |
The St. Francis Apartments | 1BR1BA | 1BR,1BA | $890 |
Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $965 |
York Towers Apartments | Studio | Studio,1BA | $976 |
The Cornerstone | 2 Bedroom | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Old Louisville, KY
As of September 08, 2025 the best value apartment in the Old Louisville area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Old Louisville apartment is the 433 Park Ave Model at 433 Park Ave, Unit 1 starting at $2,000 with a $1.17 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Old Louisville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1458 S 3rd St, Unit 1458 South 3rd Street | 1458 S 3rd St | 4BR,2BA | $0.80 |
433 Park Ave, Unit 1 | 433 Park Ave | 2BR,1BA | $1.17 |
112 W Ormsby Ave, Unit 112 West #2 | 112 W Ormsby Ave | 2BR,1BA | $1.50 |
514 W Saint Catherine St, Unit 1 | 514 W Saint Catherine St | 1BR,1BA | $1.33 |
The Cornerstone | 2 Bedroom | 2BR,1BA | $1.11 |
226 W Burnett Ave, Unit 218 | 226 W Burnett Ave | 2BR,1BA | $1.33 |
Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $1.39 |
The St. Francis Apartments | 1BR1BA | 1BR,1BA | $1.32 |
800 Towers Apartments | Studio | Studio ,1BA | $1.43 |
1386 S 3rd St | Efficiency | 1BR,1BA | $1.42 |
Quick 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.
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Louisville. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Old Louisville Neighborhood in Louisville, KY
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many 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 Old Louisville Apartments
What is a cheap apartment in Old Louisville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Louisville is under $1,000.
What is the price of a cheap apartment in Old Louisville?
The cheapest apartment in Old Louisville is The Province which is listed at $691, while the average apartment in Old Louisville costs $1,160.
What types of apartments are the cheapest in Old Louisville?
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 32 regular apartments in Old Louisville 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 Old Louisville?
Cheap apartments in Old Louisville have an average cost of $540 which is $620 cheaper than the average rent for all rentals in Old Louisville.
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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.