Cheap Apartments for Rent in the Prestonia Neighborhood of Louisville, KY from $500 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Prestonia area of Louisville.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • Utilities Included

Prestonia, Louisville, KY Local Guide

Cheapest Available Prestonia Apartments for Rent

 

The cheapest available apartment rental in the Prestonia area of Louisville, KY is a 1 Bed unit found at Heritage Green Apartments priced from $754. Poplar Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Prestonia apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Heritage Green ApartmentsThe Single1BR,1BA$754
Poplar TerraceStudioStudio,1BA$839
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$900
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
Tanglewood Apartments1x11BR,1BA$944

Best Value Apartments for Rent in Prestonia, KY

As of July 31, 2025 the best value apartment in the Prestonia area is the $1.04 price per square foot Eleven Oaks - 3 Bedroom Townhouse Model at Eleven Oaks Apartments in the in the Edgewood neighborhood starting from $1,135. The second greatest value Prestonia apartment is the The Lily - Cozy Two Bedroom, One Bath Townhome Model at The Lux Townhomes starting at $1,095 with a $1.22 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Prestonia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven Oaks ApartmentsEleven Oaks - 3 Bedroom Townhouse3BR,1BA$1.04
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.22
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1.14
St. Francis ApartmentsThe Bardstown2BR,1BA$1.23
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.35
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
4302 Naomi Dr, Unit Apt. #34302 Naomi Dr2BR,1BA$1.06
Icon Apartments1 Bed 1 Bath1BR,1BA$1.29
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Prestonia, Louisville, KY

Ranked #75

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Prestonia Neighborhood in Louisville, KY

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Prestonia Apartments

What is a cheap apartment in Prestonia?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prestonia is under $1,000.

What is the price of a cheap apartment in Prestonia?

The cheapest apartment in Prestonia is Heritage Green Apartments which is listed at $754, while the average apartment in Prestonia costs $2,200.

What types of apartments are the cheapest in Prestonia?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Prestonia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Prestonia?

Cheap apartments in Prestonia have an average cost of $436 which is $1,764 cheaper than the average rent for all rentals in Prestonia.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.