Cheap Apartments for Rent in the Old Louisville Neighborhood of Louisville, KY from $500 (26 Rentals)

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

property at 1829 S 3rd St

1829 S 3rd St

LouisvilleKY40208
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
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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 Apartments

Mayflower Apartments

425 W Ormsby AveLouisville, KY 40203
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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 2 Bedroom Apartments

Cavalier Apartments

1245 S 4th StLouisville, KY 40203
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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
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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. Yugo Louisville Nine has the second lowest priced unit, which is a 4 Beds apartment currently listed from $709. 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
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$725
The Cornerstone1 Bedroom1BR,1BA$800
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
800 Towers ApartmentsStudioStudio,1BA$910
Crescent Centre Apartments & TownhomesOne Bedroom-615 sqft1BR,1BA$960
York Towers ApartmentsStudioStudio,1BA$976

Best Value Apartments for Rent in Old Louisville, KY

As of July 24, 2025 the best value apartment in the Old Louisville area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Old Louisville apartment is the 3x1 Model at 1445 S 3rd St starting at $550 with a $0.55 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.
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
1445 S 3rd St3x13BR,1BA$0.55
The St. Francis Apartments2BR2BA2BR,2BA$1.28
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Station House ApartmentsThe Fireman2BR,2BA$1.65
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33
1461 S 1st St, Unit Apt 31461 S 1st StStudio ,1BA$1.36
The Cornerstone1 Bedroom1BR,1BA$1.14
Crescent Centre Apartments & TownhomesOne Bedroom-615 sqft1BR,1BA$1.56
800 Towers ApartmentsStudioStudio ,1BA$1.50

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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 the Cheapest Studio apartment in Old Louisville?

Currently the most affordable Cheap Studio Apartment in Old Louisville is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Old Louisville Apartment?

The lowest price for a Cheap One Bedroom Old Louisville Apartment is $800 at The Cornerstone.

What is the lowest price for a Cheap Two Bedroom Old Louisville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Louisville is starting from $899 at Yugo Louisville Nine.

What is the most affordable Old Louisville Three Bedroom Apartment?

The best deal on a cheap Old Louisville Three Bedroom Apartment rental is at The Cornerstone and starts from $1,200.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.