
Cheap Homes for Rent in Old Louisville Neighborhood of Louisville, KY from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Louisville area of Louisville.


216 W Burnett Ave, Unit 226B
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

409 W Gaulbert Ave

409 W Gaulbert 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.

216 W Burnett Ave, Unit 216A
Old Louisville, Louisville, KY Local Guide

How much does it cost to rent a home in Old Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Louisville 2 Bedroom Homes for Rent | $1,261 | $1,100 | $1,425 |
| Old Louisville 3 Bedroom Homes for Rent | $1,648 | $1,495 | $1,950 |
| Old Louisville 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
| Old Louisville 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Old Louisville Neighborhood of Louisville, KY.
Explore Louisville
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. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $700. 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 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| 800 Towers Apartments | Studio | Studio,1BA | $719 |
Best Value Apartments for Rent in Old Louisville, KY
As of June 18, 2026 the best value apartment in the Old Louisville area is the $1.14 price per square foot 222 E Oak St Model at 222 E Oak St, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,550. The second greatest value Old Louisville apartment is the 1436 S 3rd St Model at 1436 S 3rd St starting at $1,175 with a $1.07 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. |
|---|---|---|---|
| 222 E Oak St, Unit 1 | 222 E Oak St | 3BR,2BA | $1.14 |
| 1436 S 3rd St | 1436 S 3rd St | 2BR,2BA | $1.07 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
| 947 S Brook St | 1/1 | 1BR,1BA | $1.44 |
| Crescent Centre Apartments & Townhomes | One Bedroom-615 sqft | 1BR,1BA | $1.49 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.19 |
| Cardinal Village Apartments | 1x1 2nd/3rd Rehab W/D | 1BR,1BA | $1.72 |
| 329 E Oak St | 1/1 | 1BR,1BA | $1.80 |
| Old Louisville - 1219 S 6th St | S6th01 | Studio ,1BA | $1.59 |
Frequently Asked Questions about Old Louisville
What type of rentals are currently available in Old Louisville?
There are currently 444 Apartments for Rent in Old Louisville, KY with pricing that ranges from $200 to $1,925. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Louisville ranging from $880 to $2,900.
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 $880 to $2,900 with an average monthly rent of $1,916.
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.
Helpful Local Expert Guides

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.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.