
Cheap 1 Bedroom Apartments for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $200 (99 Rentals)


The Prestonian

307 Woodbine St

800 Towers Apartments

1438 S 2nd St

1243 S Brook St

1228 S Brook St

Germantown Village Apartments

2119 Grinstead Dr

Beecher Family
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Crescent Centre Apartments & Townhomes

1702 S 2nd St

224 E Oak St

1428 Rufer Ave

The Cornerstone

Flats on Fifth

Lucia Apartments

Cathedral Commons

1917 Frankfort Ave

1436 S 3rd St
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

957 Vine St

Elevate at NuLu Apartment Homes

Total Monthly Price
1278 Everett Ave, Unit #1

Lofts on Ormsby

1401 E Breckinridge St

Painters Row

The Quad

1035 Baxter Ave

1106 Cherokee Rd, Unit 6

124 W College 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.

Total Monthly Price
The St. Francis Apartments

Park Edge Apartments

607 St Catherine St

Maven @ 806

Guthrie-Coke Lofts

York Towers Apartments

J.O. Blanton House - Senior Living

Baringer Manor

Artspace Lofts

The Avenue in the Highlands
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.

Lofts of Broadway

Hampton Place

Century Baxter Ave

Axis on Lexington

Waterside at River Park Apartments

Grinstead

The Yard Apartments

310 at Nulu Apartments

Total Monthly Price
Bradford Mills Lofts

Edge on 4
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.
Phoenix Hill, Louisville, KY Local Guide

How much does it cost to rent an apartment in Phoenix Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix Hill Studio Apartments | $1,092 | $200 | $3,065 |
Phoenix Hill 1 Bedroom Apartments | $1,437 | $200 | $3,444 |
| Phoenix Hill 2 Bedroom Apartments | $1,767 | $652 | $4,479 |
| Phoenix Hill 3 Bedroom Apartments | $1,828 | $950 | $4,945 |
| Phoenix Hill 4 Bedroom Apartments | $2,129 | $669 | $6,697 |
Explore Louisville
Frequently Asked Questions about Cheap Phoenix Hill Apartments
What is a cheap apartment in Phoenix Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phoenix Hill is under $852.
What is the price of a cheap apartment in Phoenix Hill?
The cheapest apartment in Phoenix Hill is The Prestonian which is listed at $543, while the average apartment in Phoenix Hill costs $1,631.
What types of apartments are the cheapest in Phoenix Hill?
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 56 regular apartments in Phoenix Hill 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 Phoenix Hill?
Cheap apartments in Phoenix Hill have an average cost of $352 which is $1,279 cheaper than the average rent for all rentals in Phoenix Hill.
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.
Helpful Local Expert Guides

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.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.