Cheap Homes for Rent in Park Hill Neighborhood of Louisville, KY from $500 (47 Rentals)

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

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.

property at 1770 W Oak St

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

1770 W Oak St

LouisvilleKY40210
property at 1528 Wilson Ave

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

3 Bedroom, 1 Bath Home for Rent

Available Now

1528 Wilson Ave

LouisvilleKY40210

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.

property at 2715 Garland Ave

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

3 Bedroom, 1 Bath Rentals

Available Now

2715 Garland Ave

LouisvilleKY40211
property at 2715 Garland Ave

$925

3 Bedroom, 1 Bath Home for Rent

Available Now

2715 Garland Ave

LouisvilleKY40211
property at 2814 W Muhammad Ali Blvd

$930

Total Monthly Price

Total Monthly Price

Base Rent
$930

Total Monthly Price
$930

3 Bedroom, 1 Bath Rentals

Available Now

2814 W Muhammad Ali Blvd

LouisvilleKY40212

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.

property at 2634 Garland Ave

$945

3 Bedroom, 2.5 Bath Home for Rent

Available Now

2634 Garland Ave

LouisvilleKY40211
property at 2634 Garland Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

3 Bedroom, 1 Bath Rentals

Available Now

2634 Garland Ave

LouisvilleKY40211
property at 2634 Garland Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

3 Bedroom, 1 Bath Rentals

Available Now

2634 Garland Ave

LouisvilleKY40211

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.

property at 1827 Osage Ave

$975

2 Bedroom, 1 Bath Home for Rent

Available Now

1827 Osage Ave

LouisvilleKY40210
property at 1827 Osage Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

3 Bedroom, 1 Bath Rentals

Available Now

1827 Osage Ave

LouisvilleKY40210
property at 1369 Catalpa St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 1 Bath Home for Rent

Available Now

1369 Catalpa St

LouisvilleKY40211

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.

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$699
Lofts on OrmsbyStudioStudio,1BA$700
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
800 Towers ApartmentsStudioStudio,1BA$819
Furlong Apartments2 Bedroom/1Bath2BR,1BA$825
Patriot Derby (FKA Vesta Derby Oaks)A11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
Old Louisville - Oak Street Apartments2/12BR,1BA$1.05
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Jefferson Properties3bd Apartment3BR,1BA$1.17
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.07
3124 Vermont Ave3124 Vermont Ave1BR,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.

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The 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.

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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.

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The 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

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Quick 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.

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Pet Friendly Lifestyle
Park Hill, Louisville, KY

Ranked #66

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.