Cheap Homes for Rent in Park Hill Neighborhood of Louisville, KY from $600 (36 Rentals)

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

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Park Hill, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Vue at 3rd StreetStudioStudio,1BA$799
Vesta Derby Oaks (Patriot Derby)A1A1BR,1BA$850
Cathedral CommonsStudioStudio,1BA$850
1386 S 3rd StEfficiency1BR,1BA$850
800 Towers ApartmentsStudioStudio,1BA$865
Flats on FifthThe Volstead1BR,1BA$886

Best Value Apartments for Rent in Park Hill, KY

As of September 16, 2025 the best value apartment in the Park Hill area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Park Hill apartment is the 433 Park Ave Model at 433 Park Ave, Unit 1 starting at $1,800 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
433 Park Ave, Unit 1433 Park Ave2BR,1BA$1.05
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
1703 S Preston St, Unit 11703 S Preston St1BR,1BA$1.10
The Cornerstone2 Bedroom2BR,1BA$1.11
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
1743 Sonne Ave, Unit Apt. #21743 Sonne Ave2BR,1BA$1.00
1704 Rowan St, Unit 21704 Rowan St3BR,1BA$1.21
Cathedral CommonsStudioStudio ,1BA$1.21

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Pet Friendly Lifestyle
Park Hill, Louisville, KY

Ranked #33

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 665 Apartments for Rent in Park Hill, KY with pricing that ranges from $200 to $6,880. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Hill ranging from $695 to $7,250.

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 $695 to $7,250 with an average monthly rent of $1,325.

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 $795 to $1,800. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $535.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.