
Cheap Homes for Rent in Park Hill Neighborhood of Louisville, KY from $500 (47 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Hill area of Louisville.


2112 St Johns Pl

1438 S 7th St

514 W Oak St

2127 Wilson Ave

1509 W Jefferson St

2123 W Lee St

1529 Anderson St

2317 Ratcliffe 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.

1770 W Oak St

1770 W Oak St

1528 Wilson Ave

1528 Wilson Ave

1817 Columbia St

655 S 35th St

1850 McCloskey Ave

1934 W Madison St

3215 Greenwood Ave
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.

1916 S Preston St

856 S 24th St

2614 Virginia Ave

414 M St

2715 Garland Ave

2715 Garland Ave

2105 Bradley Ave

2814 W Muhammad Ali Blvd

2814 W Muhammad Ali Blvd
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.

2634 Garland Ave

2634 Garland Ave

2634 Garland Ave

657 S 24th St

3420 Del Park Terrace

3005 Linwood Ave

808 S 36th St

1792 W Gaulbert Ave

403 S 38th St
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.

1827 Osage Ave

1827 Osage Ave

527 Wainwright Ave

3031 Linwood Ave

1369 Catalpa St

1612 W Market St

1722 Gallagher St

1421 Hazel St

2111 7th Street Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1815 Columbia St

1732 Wilson Ave
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 | $1,222 | $745 | $2,900 |
| Park Hill 3 Bedroom Homes for Rent | $1,210 | $837 | $3,300 |
| Park Hill 4 Bedroom Homes for Rent | $1,463 | $900 | $2,200 |
| Park Hill 5 Bedroom Homes for Rent | $2,281 | $1,800 | $2,850 |
| Park Hill 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
| Park Hill 7 Bedroom Homes for Rent | $550 | $550 | $550 |
Browse Homes for Rent in this Neighborhood
There are currently 47 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. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. 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 |
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Vue at 3rd Street | Studio | Studio,1BA | $699 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| Chapel House Senior Apartments - Age 62+ | Studio | Studio,1BA | $776 |
| 800 Towers Apartments | Studio | Studio,1BA | $819 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $825 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
Best Value Apartments for Rent in Park Hill, KY
As of February 24, 2026 the best value apartment in the Park Hill 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 Park Hill apartment is the 2/1 Model at Old Louisville - Oak Street Apartments starting at $1,150 with a $1.05 price per square foot in the Phoenix Hill 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. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| Old Louisville - Oak Street Apartments | 2/1 | 2BR,1BA | $1.05 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| Jefferson Properties | 3bd Apartment | 3BR,1BA | $1.17 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Glassworks Lofts | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.21 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
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.
Pet Friendly LifestylePark Hill, Louisville, KY
Ranked #66
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 675 Apartments for Rent in Park Hill, KY with pricing that ranges from $200 to $6,880. There are also 137 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Hill ranging from $550 to $3,300.
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 $550 to $3,300 with an average monthly rent of $1,276.
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 $675 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $837 to $3,300. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $609.
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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.