
Cheap Homes for Rent in Phoenix Hill Neighborhood of Louisville, KY from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Phoenix Hill area of Louisville.


1438 S 7th St

514 W Oak St

1509 W Jefferson St

1529 Anderson St

2127 Grinstead Dr
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.

1528 Wilson Ave

1528 Wilson Ave

1817 Columbia St

1842 Baird St

428 Locust St

1842 Baird St
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.

1612 W Market St

1815 Columbia St

614 N 20th St

1924 Muncie Ave

1924 Muncie Ave

1819 Duncan St
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.
Phoenix Hill, Louisville, KY Local Guide

How much does it cost to rent a home in Phoenix Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix Hill 2 Bedroom Homes for Rent | $1,635 | $750 | $2,900 |
| Phoenix Hill 3 Bedroom Homes for Rent | $1,693 | $837 | $3,300 |
| Phoenix Hill 4 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
| Phoenix Hill 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Phoenix Hill Neighborhood of Louisville, KY.
Explore Louisville
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. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Phoenix Hill apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Vue at 3rd Street | Studio | Studio,1BA | $699 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| Chapel House Senior Apartments - Age 62+ | Studio | Studio,1BA | $776 |
Best Value Apartments for Rent in Phoenix Hill, KY
As of February 24, 2026 the best value apartment in the Phoenix Hill area is the $1.04 price per square foot 3 bedroom Model at Big 4 Station Residence in the in the Phoenix Hill neighborhood starting from $1,295. The second greatest value Phoenix Hill apartment is the 2B2BT17HC Model at M. Fine on Spring starting at $1,196 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Big 4 Station Residence | 3 bedroom | 3BR,1BA | $1.04 |
| M. Fine on Spring | 2B2BT17HC | 2BR,2BA | $1.08 |
| Old Louisville - Oak Street Apartments | 2/1 | 2BR,1BA | $1.05 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| 535 E Kentucky St, Unit 2F | 535 E Kentucky St | 2BR,1BA | $0.85 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Glassworks Lofts | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.21 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 1516 Norris Pl, Unit 3 | 1516 Norris Pl | 1BR,1BA | $1.21 |
| Cathedral Commons | Studio | Studio ,1BA | $1.21 |
Frequently Asked Questions about Phoenix Hill
What type of rentals are currently available in Phoenix Hill?
There are currently 804 Apartments for Rent in Phoenix Hill, KY with pricing that ranges from $200 to $12,023. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix Hill ranging from $750 to $3,300.
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 $750 to $3,300 with an average monthly rent of $1,753.
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 $739 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $837 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $609.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.