Cheap Homes for Rent in Phoenix Hill Neighborhood of Louisville, KY from $700 (22 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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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
Lofts on OrmsbyStudioStudio,1BA$725
The QuadStudio – 1 BathroomStudio,1BA$795

Best Value Apartments for Rent in Phoenix Hill, KY

As of July 30, 2025 the best value apartment in the Phoenix Hill area is the $1.19 price per square foot EP9 Model at Edison Park in the in the Medical Center neighborhood starting from $1,995. The second greatest value Phoenix Hill apartment is the 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 4 starting at $1,350 with a $1.13 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.
Edison ParkEP92BR,2.5BA$1.19
1646 Lucia Ave, Unit 41646 Lucia Ave2BR,1BA$1.13
The Cornerstone3 Bedroom3BR,1BA$1.00
M. Fine on Spring2B2BT17HC2BR,2BA$0.63
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
816-818 Rubel AveThree Bedroom3BR,1BA$0.58
425 Shelby Pkwy, Unit 3425 Shelby Pkwy2BR,1BA$1.19
Elevate at NULU Apartment HomesBeyond2BR,1BA$1.20
Derby Row | Student HousingThoroughbred2BR,2BA$1.00

Frequently Asked Questions about Phoenix Hill

What type of rentals are currently available in Phoenix Hill?

There are currently 793 Apartments for Rent in Phoenix Hill, KY with pricing that ranges from $200 to $7,010. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix Hill ranging from $700 to $8,750.

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 $700 to $8,750 with an average monthly rent of $1,573.

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 $999 to $5,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $845 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,250.

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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