Cheap Homes for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $700 (13 Rentals)

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

property at 1204 Lexington Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

1204 Lexington Rd

LouisvilleKY40204

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Cheapest Available Phoenix Hill Apartments for Rent

 

The cheapest available apartment rental in the Phoenix Hill area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. 800 Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here are the most affordable Phoenix Hill apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
800 Towers ApartmentsStudioStudio,1BA$719
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
AVIA North ShoreStudioStudio,1BA$799
Lofts on OrmsbyStudioStudio,1BA$800

Best Value Apartments for Rent in Phoenix Hill, KY

As of July 23, 2026 the best value apartment in the Phoenix Hill area is the $1.25 price per square foot 1041 Cherokee Rd Model at 1041 Cherokee Rd in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Phoenix Hill apartment is the 222 E Oak St Model at 222 E Oak St, Unit 1 starting at $1,550 with a $1.14 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Phoenix Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1041 Cherokee Rd1041 Cherokee Rd2BR,2.5BA$1.25
222 E Oak St, Unit 1222 E Oak St3BR,2BA$1.14
164 Pope St, Unit 1164 Pope St2BR,1BA$1.16
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.09
1600 Beechwood Ave, Unit 41600 Beechwood Ave1BR,1BA$1.17
200 N 18th St, Unit 200 N 18th St200 N 18th St2BR,1BA$1.05
800 Towers ApartmentsStudioStudio ,1BA$1.19

Frequently Asked Questions about Phoenix Hill

What type of rentals are currently available in Phoenix Hill?

There are currently 815 Apartments for Rent in Phoenix Hill, KY with pricing that ranges from $200 to $7,867. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix Hill ranging from $790 to $3,400.

What is the current price range for Rental Homes in Phoenix Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Phoenix Hill ranges from $790 to $3,400 with an average monthly rent of $1,967.

How much are larger Three and Four Bedroom Rentals in Phoenix Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Phoenix Hill range from $950 to $5,917, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,015 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $619.

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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