Cheap Apartments for Rent in the Parkland Neighborhood of Louisville, KY from $300 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkland area of Louisville.

property at 4116 W Broadway

4116 W Broadway

LouisvilleKY40211
property at 200 N 18th St

200 N 18th St

LouisvilleKY40203

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.

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property at 732 S 32nd St

732 S 32nd St

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.

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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.

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Zion Manor
1 to 2 Bedroom Apartments

Zion Manor

2201 W Muhammad Ali BlvdLouisville, KY 40212
Senior Living
  • Utilities Included
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St. Cecilia Apartments
1 Bedroom Apartments

St. Cecilia Apartments

2530 Slevin StLouisville, KY 40212
Senior Living
  • Utilities Included
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
  • Utilities Included
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Rowan Place
1 to 2 Bedroom Apartments

Rowan Place

2132 Rowan StLouisville, KY 40212
Senior Living
  • Utilities Included

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Showing Results 1-34, Page 1 of 1

Parkland, Louisville, KY Local Guide

Cheapest Available Parkland Apartments for Rent

 

The cheapest available apartment rental in the Parkland area of Louisville, KY is a 2 Beds unit found at Gateway on Broadway priced from $542. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Parkland apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Lofts on OrmsbyStudioStudio,1BA$725
Madison Apartments2 Bedroom2BR,1BA$745
Rowan Place1 bedroom1BR,1BA$777
800 Towers ApartmentsStudioStudio,1BA$865
Vue at 3rd Street1 Bedroom Junior1BR,1BA$899
Jefferson Properties2bd apartment2BR,1BA$919

Best Value Apartments for Rent in Parkland, KY

As of May 24, 2025 the best value apartment in the Parkland area is the $0.50 price per square foot One Bedroom Model at Gateway on Broadway in the in the Phoenix Hill neighborhood starting from $542. The second greatest value Parkland apartment is the 1308 S 6th St Model at 1308 S 6th St, Unit 2 starting at $1,100 with a $1.10 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Parkland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
1308 S 6th St, Unit 21308 S 6th St1BR,1BA$1.10
1816 W Jefferson St, Unit #31816 W Jefferson St2BR,1BA$1.06
1816 W Jefferson St, Unit 31816 W Jefferson St2BR,1BA$1.06
Derby Row | Student HousingBelmont2BR,2BA$1.22
Madison Apartments2 Bedroom2BR,1BA$0.93
200 N 18th St, Unit 4200 N 18th St2BR,1BA$1.02
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.05
Rowan Place1 bedroom1BR,1BA$1.05
115 N 46th St, Unit 3115 N 46th St1BR,1BA$1.33

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Pet Friendly Lifestyle
Parkland, Louisville, KY

Ranked #168

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Parkland, Louisville, KY

School data provided by Great Schools

Getting Around the Parkland Neighborhood in Louisville, KY

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Parkland Apartments

What is a cheap apartment in Parkland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkland is under $919.

What is the price of a cheap apartment in Parkland?

The cheapest apartment in Parkland is Gateway on Broadway which is listed at $542, while the average apartment in Parkland costs $1,640.

What types of apartments are the cheapest in Parkland?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 79 regular apartments in Parkland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Parkland?

Cheap apartments in Parkland have an average cost of $341 which is $1,299 cheaper than the average rent for all rentals in Parkland.

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.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.