
Cheap Homes for Rent in Park Hill Neighborhood of Louisville, KY from $600 (71 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Hill area of Louisville.


411 Iowa Ave

2137 St Johns Pl

856 S 24th St

1438 S 7th St

2724 Garland Ave

1439 Beech St

2706 Algonquin Pkwy

2057 May Ave

421 S 27th St
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.

2300 W Madison St

421 S 27th St

2300 W Madison St

1145 Louis Coleman Jr Drive

1849 W Gaulbert Ave

666 Eastlawn Ave

2400 Burwell Ave

2317 Ratcliffe Ave

2411 Elliott Ave

3215 Greenwood 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.

1934 W Madison St

655 S 35th St

2614 Virginia Ave

1410 Standard Village Cir

2512 Cedar St

2634 Garland Ave

3215 Virginia Ave

3215 Virginia Ave

1768 W Hill St

2634 Garland Ave
Cash 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.

2716 S 6th St

1792 W Gaulbert Ave

728 S 35th St

1708 W Gaulbert Ave

3019 Penway Ave

3107 Montana Ave

624 S 38th St

1612 W Market St

2623 Cedar St

2111 7th Street Rd
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.

1722 Gallagher St

3005 Linwood Ave

1714 W Hill St

2730 Chase Ct

415 Atwood St

112 N 18th St

515 S 20th St

1726 Sonne Ave

635 Madelon Ct

1438 Lillian Ave
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.
Park Hill, Louisville, KY Local Guide

How much does it cost to rent a home in Park Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Hill 2 Bedroom Homes for Rent | $1,229 | $745 | $3,200 |
| Park Hill 3 Bedroom Homes for Rent | $1,321 | $747 | $4,500 |
| Park Hill 4 Bedroom Homes for Rent | $1,551 | $900 | $2,800 |
| Park Hill 5 Bedroom Homes for Rent | $1,966 | $1,800 | $2,100 |
| Park Hill 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Homes for Rent in this Neighborhood
There are currently 71 rentals with your search options within a 2 mile radius of the Park Hill Neighborhood of Louisville, KY.
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Park Hill, Louisville, KY Local Guide
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Cheapest Available Park Hill Apartments for Rent
 The cheapest available apartment rental in the Park Hill 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 Park Hill 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 | $715 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $825 |
Best Value Apartments for Rent in Park Hill, KY
As of May 27, 2026 the best value apartment in the Park Hill area is the $0.48 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $609. The second greatest value Park Hill apartment is the 2014 W Main St Model at 2014 W Main St, Unit 1F starting at $795 with a $0.80 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Park Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.48 |
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.80 |
| 1436 S 3rd St, Unit #1 | 1436 S 3rd St | 1BR,1BA | $0.99 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| 3149 Vermont Ave, Unit 3149 Vermont Ave | 3149 Vermont Ave | 2BR,1BA | $0.99 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 307 Woodbine St, Unit 3 | 307 Woodbine St | 1BR,1BA | $1.11 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestylePark Hill, Louisville, KY
Ranked #142
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Park Hill, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Park Hill
What type of rentals are currently available in Park Hill?
There are currently 685 Apartments for Rent in Park Hill, KY with pricing that ranges from $200 to $4,270. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Hill ranging from $645 to $4,500.
What is the current price range for Rental Homes in Park Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Hill ranges from $645 to $4,500 with an average monthly rent of $1,353.
How much are larger Three and Four Bedroom Rentals in Park Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Hill range from $707 to $2,702, while Three Bedroom Homes, Condos, and Townhomes for rent range from $747 to $4,500. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $629.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.