
Cheap Apartments for Rent in the Old Louisville Neighborhood of Louisville, KY from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Louisville area of Louisville.


1829 S 3rd St

307 Woodbine St

800 Towers Apartments

Lofts on Ormsby

Chapel House Senior Apartments - Age 62+

629 W Ormsby Ave
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.

951 S Brook St

726-728 St Catherine St

319 W Lee St

1503 S 4th St

1123 S Brook St

Cardinal Village Apartments

The Cornerstone
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.

329 E Oak St

118 W Saint Catherine St

1026 S 4th St

Old Louisville - 1500 S 2nd St

Old Louisville - 1219 S 6th St

Weissinger-Gaulbert Apartments

1337 S 4th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Mayflower Apartments

Baptist Towers 62+ Senior Living

431 Kensington Ct

The Hillebrand House - Senior Living

Cavalier Apartments

1386 S 3rd St

Friendship House - Age 62+
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Old Louisville - Oak Street Apartments

624 W Saint Catherine St
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 | $867 | $200 | $1,019 |
| Old Louisville 1 Bedroom Apartments | $1,045 | $200 | $1,599 |
| Old Louisville 2 Bedroom Apartments | $1,145 | $825 | $1,540 |
| Old Louisville 3 Bedroom Apartments | $878 | $739 | $1,600 |
| Old Louisville 4 Bedroom Apartments | $796 | $714 | $1,695 |
Browse Apartments in this Neighborhood
There are currently 30 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. 800 Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. 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 |
| 800 Towers Apartments | Studio | Studio,1BA | $765 |
| Lofts on Ormsby | Studio | Studio,1BA | $775 |
| Chapel House Senior Apartments - Age 62+ | Studio | Studio,1BA | $776 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $899 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $900 |
| York Towers Apartments | Studio | Studio,1BA | $976 |
Best Value Apartments for Rent in Old Louisville, KY
As of January 21, 2026 the best value apartment in the Old Louisville area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. The second greatest value Old Louisville apartment is the 2 Bed - 2 Bath Model at The Province (KY) starting at $899 with a $1.01 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. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| The St. Francis Apartments | 2BR2BA | 2BR,2BA | $1.46 |
| 1331 S Floyd St, Unit 1 | 1331 S Floyd St | 1BR,1.5BA | $1.65 |
| 1445 S 4th St, Unit 2 | 1445 S 4th St | 1BR,1BA | $1.21 |
| Station House Apartments | The Ladder | 2BR,2BA | $1.54 |
| 226 W Burnett Ave, Unit 220B | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
| 1239 S Brook St, Unit 2 | 1239 S Brook St | 1BR,1BA | $0.93 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.26 |
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 ArticleCash 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.
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.
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!
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 $976.
What is the price of a cheap apartment in Old Louisville?
The cheapest apartment in Old Louisville is Chapel House Senior Apartments - Age 62+ which is listed at $876, while the average apartment in Old Louisville costs $1,135.
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 15 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 $381 which is $754 cheaper than the average rent for all rentals in Old Louisville.
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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.