Cheap Homes for Rent in Old Louisville Neighborhood of Louisville, KY from $800 (3 Rentals)

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

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.

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.

property at 1417 S 3rd St

1417 S 3rd St

LouisvilleKY40208

Best Value Apartments for Rent in Old Louisville, KY

As of June 17, 2025 the best value apartment in the Old Louisville area is the $1.05 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,200. The second greatest value Old Louisville apartment is the 3 Beds, 1.5 Baths Model at 1524 S 4th St starting at $1,250 with a $1.14 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.
1445 S 3rd St, Unit 71445 S 3rd St6BR,3BA$1.05
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
1308 S 6th St, Unit 21308 S 6th St1BR,1BA$1.10
500 W Saint Catherine St, Unit 1500 W Saint Catherine St2BR,1BA$1.10
215 W Burnett Ave, Unit First Floor One Bedroom215 W Burnett Ave1BR,1BA$1.33
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingThoroughbred2BR,2BA$0.98
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33
The Cornerstone1 Bedroom1BR,1BA$1.14
The St. Francis Apartments1BR1BA1BR,1BA$1.32

Frequently Asked Questions about Old Louisville

What type of rentals are currently available in Old Louisville?

There are currently 448 Apartments for Rent in Old Louisville, KY with pricing that ranges from $200 to $4,200. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Louisville ranging from $850 to $1,995.

What is the current price range for Rental Homes in Old Louisville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Louisville ranges from $850 to $1,995 with an average monthly rent of $1,297.

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

Written by: Marie Brown

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.