
Cheap Homes for Rent in Park Hill Neighborhood of Louisville, KY from $600 (35 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Hill area of Louisville.


720 Hardy Ave

664 S 27th St

1438 S 7th St

123 E Burnett Ave

2913 Dumesnil St

1410 Standard Village Cir

655 S 24th 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.

421 S 27th St

2300 W Madison St

2300 W Madison St

1529 Anderson St

421 S 27th St

1145 Louis Coleman Jr Drive

3417 Hale Ave

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.

644 Atwood St

1934 W Madison St

655 S 35th St

3215 Greenwood Ave

1634 S Preston St

2614 Virginia Ave

414 M St

2634 Garland 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.

2634 Garland Ave

1792 W Gaulbert Ave

917 Roadway Ave

1330 Olive St

302 Cecil Ave

121 N 25th St

121 N 25th St

2411 Elliott Ave
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.

2623 Cedar St

2111 7th Street Rd

1722 Gallagher St
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 | $1,252 | $750 | $2,900 |
| Park Hill 3 Bedroom Homes for Rent | $1,297 | $815 | $3,300 |
| Park Hill 4 Bedroom Homes for Rent | $1,505 | $900 | $3,500 |
| Park Hill 5 Bedroom Homes for Rent | $1,836 | $1,485 | $2,500 |
| Park Hill 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Homes for Rent in this Neighborhood
There are currently 35 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 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| 947 S Brook St | 1/1 | 1BR,1BA | $825 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $825 |
Best Value Apartments for Rent in Park Hill, KY
As of April 12, 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 One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 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 |
| 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 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 1436 S 3rd St, Unit #4 | 1436 S 3rd St | 1BR,1BA | $1.13 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 #77
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 679 Apartments for Rent in Park Hill, KY with pricing that ranges from $200 to $4,107. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Hill ranging from $645 to $3,500.
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 $3,500 with an average monthly rent of $1,288.
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 $697 to $2,805, while Three Bedroom Homes, Condos, and Townhomes for rent range from $815 to $3,300. 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.
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.

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.

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.