Cheap 1 Bedroom Apartments for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $200 (70 Rentals) Page 2 of 2
Phoenix Hill - One of the Best Affordable Neighborhoods in Louisville
Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

A Little Holiday Wish Come True: No rent until January!
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 | $1,122 | $200 | $1,824 |
Phoenix Hill 1 Bedroom Apartments | $1,315 | $200 | $3,172 |
| Phoenix Hill 2 Bedroom Apartments | $1,698 | $542 | $4,681 |
| Phoenix Hill 3 Bedroom Apartments | $2,561 | $739 | $8,697 |
| Phoenix Hill 4 Bedroom Apartments | $1,435 | $599 | $9,292 |
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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 $850.
What is the price of a cheap apartment in Phoenix Hill?
The cheapest apartment in Phoenix Hill is Gateway on Broadway which is listed at $542, while the average apartment in Phoenix Hill costs $1,555.
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 84 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 $327 which is $1,228 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.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.


















