Cheap Homes for Rent in Phoenix Hill Neighborhood of Louisville, KY from $700 (18 Rentals)

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

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property at 1528 Wilson Ave

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

3 Bedroom, 1 Bath Home for Rent

Available Now

1528 Wilson Ave

LouisvilleKY40210
property at 1842 Baird St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 1 Bath Rentals

Available Now

1842 Baird St

LouisvilleKY40203
property at 1842 Baird St

$995

3 Bedroom, 2.5 Bath Home for Rent

Available Now

1842 Baird St

LouisvilleKY40203

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property at 1819 Duncan St

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,213
Required Monthly Fees
$12

Total Monthly Price
$1,225

3 Bedroom, 1 Bath Rentals

Available Now

1819 Duncan St

LouisvilleKY40203

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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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Vue at 3rd StreetStudioStudio,1BA$699
Lofts on OrmsbyStudioStudio,1BA$700
Chapel House Senior Apartments - Age 62+StudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Big 4 Station Residence3 bedroom3BR,1BA$1.04
M. Fine on Spring2B2BT17HC2BR,2BA$1.08
Old Louisville - Oak Street Apartments2/12BR,1BA$1.05
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
1516 Norris Pl, Unit 31516 Norris Pl1BR,1BA$1.21
Cathedral CommonsStudioStudio ,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

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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.

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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.