Cheap Apartments for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $455 (148 Rentals) Page 2 of 3

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Germantown Mill Lofts
Rent Specials
$1,147 - $2,310

Total Monthly Price

Base Rent$1,147 - $2,310

Total Monthly Price$1,147 - $2,310
Studio to 2 Bedroom Apartments Available Sep 23

Germantown Mill Lofts

946 Goss AveLouisville, KY 40217
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1126 Milton St
$1,200 - $1,400
1 To 2 Bedroom Rentals
Available Now

1126 Milton St

LouisvilleKY40217

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.

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Gateway on Broadway
1 to 2 Bedroom Apartments

Gateway on Broadway

1405 W BroadwayLouisville, KY 40203
Senior Living
  • Utilities Included
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The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
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1128 S. 3rd
Studio to 1 Bedroom Apartments

1128 S. 3rd

1124-1128 S 3rd StLouisville, KY 40203
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Vue at 3rd Street
Studio to 1 Bedroom Apartments

Vue at 3rd Street

537 S 3rd StLouisville, KY 40202
Senior Living
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629 W. Ormsby
1 Bedroom Apartments

629 W. Ormsby

629 Ormsby AveLouisville, KY 40203

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.

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Cherokee Triangle
1 Bedroom Apartments

Cherokee Triangle

2454 Grinstead DrLouisville, KY 40204
  • Utilities Included
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1388 S 2nd
Studio to 1 Bedroom Apartments

1388 S 2nd

1388 S 2nd StLouisville, KY 40208
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Mayflower Apartments
Studio to 3 Bedroom Apartments

Mayflower Apartments

425 W Ormsby AveLouisville, KY 40203
  • Utilities Included
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1215 S. 4th St
1 Bedroom Apartments

1215 S. 4th St

1215 S 4th StLouisville, KY 40203
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
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224 E Oak St
1 Bedroom Apartments

224 E Oak St

224 E Oak StLouisville, KY 40203

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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1390 S. 1st
Studio to 2 Bedroom Apartments

1390 S. 1st

1390 S 1st StLouisville, KY 40208
property at 1563 S Rear St
$800
1 Bedroom Rentals
Available Now
Affordability

1563 S Rear St

LouisvilleKY40210
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1870 Frankfort Ave
2 Bedroom Apartments

1870 Frankfort Ave

1870-1874 Frankfort AveLouisville, KY 40206
  • Utilities Included
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Highland Flats
1 Bedroom Apartments

Highland Flats

1204 Bardstown RdLouisville, KY 40204
  • Utilities Included
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1233 S 2nd St
1 Bedroom Apartments

1233 S 2nd St

1233 S 2nd StLouisville, KY 40203
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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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Schiller Terrace
1 to 2 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
  • Utilities Included

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.

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 $795.

What is the price of a cheap apartment in Phoenix Hill?

The cheapest apartment in Phoenix Hill is 1128 S. 3rd which is listed at $695, while the average apartment in Phoenix Hill costs $1,315.

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 146 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 $348 which is $967 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.

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