
Cheap Apartments for Rent in the Prestonia Neighborhood of Louisville, KY from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prestonia area of Louisville.


Poplar Terrace

Heritage Green Apartments
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.

2119 Gladstone Ave, Unit c

Preston Oaks

Icon Apartments
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.
Prestonia, Louisville, KY Local Guide

How much does it cost to rent an apartment in Prestonia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prestonia Studio Apartments | $1,041 | $799 | $1,300 |
| Prestonia 1 Bedroom Apartments | $1,114 | $695 | $1,750 |
| Prestonia 2 Bedroom Apartments | $1,232 | $759 | $2,400 |
| Prestonia 3 Bedroom Apartments | $942 | $675 | $1,545 |
| Prestonia 4 Bedroom Apartments | $697 | $599 | $729 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Prestonia Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Prestonia, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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- Local Counties
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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 Kenwood Arms priced from $825. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Prestonia apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenwood Arms | Kenwood Arms - 1b/1ba | 1BR,1BA | $825 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Icon Apartments | 1 Bed 1 Bath | 1BR,1BA | $899 |
Best Value Apartments for Rent in Prestonia, KY
As of December 21, 2025 the best value apartment in the Prestonia area is the $1.26 price per square foot 402 W Hill St Model at 402 W Hill St, Unit 402 in the in the Phoenix Hill neighborhood starting from $1,450. The second greatest value Prestonia apartment is the 1635 Eastern Pky Model at 1635 Eastern Pky, Unit 1 starting at $1,400 with a $1.27 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Prestonia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 402 W Hill St, Unit 402 | 402 W Hill St | 3BR,1.5BA | $1.26 |
| 1635 Eastern Pky, Unit 1 | 1635 Eastern Pky | 2BR,1BA | $1.27 |
| 175 Gillette Ave, Unit 2 | 175 Gillette Ave | 3BR,1BA | $0.90 |
| The Lux Townhomes | The Lily - Cozy Two Bedroom, One Bath Townhome | 2BR,1BA | $1.22 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.13 |
| Beechmont Townhomes | Beechmont Townhomes- Finished Basement | 2BR,1BA | $1.29 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $1.07 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.05 |
| Tanglewood Apartments | 1x1 | 1BR,1BA | $1.32 |
| Icon Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePrestonia, Louisville, KY
Ranked #74
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prestonia Apartments
How much is rent for a Cheap One Bedroom Prestonia Apartment?
The lowest price for a Cheap One Bedroom Prestonia Apartment is $825 at Kenwood Arms.
What is the lowest price for a Cheap Two Bedroom Prestonia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prestonia is starting from $900 at Heritage Green Apartments.
What is the most affordable Prestonia Three Bedroom Apartment?
The best deal on a cheap Prestonia Three Bedroom Apartment rental is at Heritage Green Apartments and starts from $1,048.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


