Cheap Homes for Rent in Phoenix Hill Neighborhood of Louisville, KY from $700 (19 Rentals)

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

property at 1815 Columbia St

1815 Columbia St

LouisvilleKY40203

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. M. Fine on Spring has the second lowest priced unit, which is a 2 Beds apartment currently listed from $418. 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
M. Fine on Spring2BT52BR,1BA$418
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829

Best Value Apartments for Rent in Phoenix Hill, KY

As of September 15, 2025 the best value apartment in the Phoenix Hill area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Phoenix Hill apartment is the 433 Park Ave Model at 433 Park Ave, Unit 1 starting at $1,800 with a $1.05 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.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
433 Park Ave, Unit 1433 Park Ave2BR,1BA$1.05
1402 Hepburn Ave, Unit 11402 Hepburn Ave1BR,2BA$1.11
M. Fine on Spring2B2BT17HC2BR,2BA$0.63
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
The Cornerstone2 Bedroom2BR,1BA$1.11
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
1704 Rowan St, Unit 21704 Rowan St3BR,1BA$1.21
134 Waverly Ct, Unit Garage134 Waverly CtStudio ,0.5BA$1.00

Frequently Asked Questions about Phoenix Hill

What type of rentals are currently available in Phoenix Hill?

There are currently 796 Apartments for Rent in Phoenix Hill, KY with pricing that ranges from $200 to $6,880. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix Hill ranging from $750 to $7,250.

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 $7,250 with an average monthly rent of $1,737.

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 $691 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $691.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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