
Cheap Homes for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Phoenix Hill area of Louisville.


1204 Lexington Rd

629 E Market St

21 College Ct

38 College Ct

39 College Ct
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823 S 2nd St, Unit 3

326 N 18th St

2424 Glenmary Ave

12 College Ct

1106 Cherokee Rd, Unit 4

1271 Cherokee Rd
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1106 Cherokee Rd, Unit 1
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 | $1,705 | $980 | $3,200 |
| Phoenix Hill 3 Bedroom Homes for Rent | $1,927 | $1,015 | $3,400 |
| Phoenix Hill 4 Bedroom Homes for Rent | $2,647 | $1,995 | $3,300 |
| Phoenix Hill 5 Bedroom Homes for Rent | $2,350 | $1,800 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| 800 Towers Apartments | Studio | Studio,1BA | $719 |
| Old Louisville - 1219 S 6th St | S6th01 | Studio,1BA | $795 |
| AVIA North Shore | Studio | Studio,1BA | $799 |
| Lofts on Ormsby | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1041 Cherokee Rd | 1041 Cherokee Rd | 2BR,2.5BA | $1.25 |
| 222 E Oak St, Unit 1 | 222 E Oak St | 3BR,2BA | $1.14 |
| 164 Pope St, Unit 1 | 164 Pope St | 2BR,1BA | $1.16 |
| 535 E Kentucky St, Unit 1F | 535 E Kentucky St | 2BR,1BA | $1.20 |
| 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 | $1.09 |
| 1600 Beechwood Ave, Unit 4 | 1600 Beechwood Ave | 1BR,1BA | $1.17 |
| 200 N 18th St, Unit 200 N 18th St | 200 N 18th St | 2BR,1BA | $1.05 |
| 800 Towers Apartments | Studio | Studio ,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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