Cheap Apartments for Rent in the Old Louisville Neighborhood of Louisville, KY from $500 (28 Rentals)

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

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property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included

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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
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Mayflower Apartments
Studio to 3 Bedroom Apartments

Mayflower Apartments

425 W Ormsby AveLouisville, KY 40203
  • Utilities Included
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
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Cavalier Apartments
1 to 3 Bedroom Apartments

Cavalier Apartments

1245 S 4th StLouisville, KY 40203
  • Utilities Included

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Friendship House - Age 62+
Studio to 1 Bedroom Apartments

Friendship House - Age 62+

960 S 4th StLouisville, KY 40203
Senior Living
  • Utilities Included

Old Louisville, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
The ProvinceUofL 4 Bed - 4 Bath B4BR,4BA$691
1386 S 3rd StEfficiency1BR,1BA$850
800 Towers ApartmentsStudioStudio,1BA$865
The St. Francis Apartments1BR1BA1BR,1BA$890
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$965
York Towers ApartmentsStudioStudio,1BA$976
The Cornerstone2 Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
433 Park Ave, Unit 1433 Park Ave2BR,1BA$1.17
112 W Ormsby Ave, Unit 112 West #2112 W Ormsby Ave2BR,1BA$1.50
514 W Saint Catherine St, Unit 1514 W Saint Catherine St1BR,1BA$1.33
The Cornerstone2 Bedroom2BR,1BA$1.11
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$1.39
The St. Francis Apartments1BR1BA1BR,1BA$1.32
800 Towers ApartmentsStudioStudio ,1BA$1.43
1386 S 3rd StEfficiency1BR,1BA$1.42

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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

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.

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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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