1438 S 7th St
LouisvilleKY40208
Cheap Homes for Rent in Phoenix Hill Neighborhood of Louisville, KY from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Phoenix Hill area of Louisville.
123 E Burnett Ave
LouisvilleKY40208
1529 Anderson St
LouisvilleKY40210
614 E Chestnut St
JeffersonvilleIN47130
1634 S Preston 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.
112 N 18th St
LouisvilleKY40203
1924 Muncie Ave
LouisvilleKY40206
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$1,1001 Bedroom Apartments Contact Us For Availability
1106 Cherokee Rd
1106 Cherokee RdLouisville, KY 40204
409 W Gaulbert Ave
LouisvilleKY40208
409 W Gaulbert Ave
LouisvilleKY40208
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.
1065 E Kentucky St
LouisvilleKY40204
2424 Glenmary Ave
LouisvilleKY40204
1618 Ellwood Ave
LouisvilleKY40204
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$1,1502 Bedroom Apartments Available Now
728 Watt St
728 Watt StJeffersonville, IN 47130
1924 Muncie Ave, Unit 5
1924 Muncie Ave
LouisvilleKY40206
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.
1269 S Jackson St
LouisvilleKY40203
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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 | $1,674 | $750 | $5,000 |
| Phoenix Hill 3 Bedroom Homes for Rent | $2,297 | $1,359 | $3,300 |
| Phoenix Hill 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
| Phoenix Hill 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Phoenix Hill Neighborhood of Louisville, KY.
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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. 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 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
Best Value Apartments for Rent in Phoenix Hill, KY
As of April 10, 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 |
| 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 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 1436 S 3rd St, Unit #4 | 1436 S 3rd St | 1BR,1BA | $1.13 |
| Germantown Village | 1 Bedroom | 1BR,1BA | $1.20 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.18 |
Frequently Asked Questions about Phoenix Hill
What type of rentals are currently available in Phoenix Hill?
There are currently 798 Apartments for Rent in Phoenix Hill, KY with pricing that ranges from $200 to $10,448. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix Hill ranging from $750 to $5,000.
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 $5,000 with an average monthly rent of $1,744.
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 $848 to $6,923, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,359 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $629.
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.