Cheap Apartments for Rent in the Prestonia Neighborhood of Louisville, KY from $600 (14 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Showing Results 1-14, Page 1 of 1

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 2 Beds unit found at Preston Oaks priced from $799. 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 ListingModel NameBed/BathPriced From
Preston OaksThoroughbred2BR,1BA$799
Heritage Green ApartmentsThe Single1BR,1BA$829
Cardinal Village Apartments1x1 with Balcony1BR,1BA$899
Tanglewood ApartmentsStudioStudio,1BA$899
Heights at Audubon Park1BR/1.0BA1BR,1BA$900

Best Value Apartments for Rent in Prestonia, KY

As of April 27, 2026 the best value apartment in the Prestonia area is the $1.24 price per square foot The Lily - Cozy Two Bedroom, One Bath Townhome Model at The Lux Townhomes in the in the South Louisville neighborhood starting from $1,115. The second greatest value Prestonia apartment is the Beechmont Townhomes- Finished Basement Model at Beechmont Townhomes starting at $1,095 with a $1.29 price per square foot in the Downtown 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.
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.24
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.29
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
St. Francis ApartmentsThe Douglass1BR,1BA$1.28
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
Icon Apartments1 Bed 1 Bath1BR,1BA$1.29
1436 S 3rd St, Unit #41436 S 3rd St1BR,1BA$1.13
307 Woodbine St, Unit 3307 Woodbine St1BR,1BA$1.11
Preston OaksThoroughbred2BR,1BA$1.18
218 W Florence Ave, Unit 2218 W Florence Ave1BR,1BA$1.23

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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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.

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The 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

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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.

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Pet Friendly Lifestyle
Prestonia, Louisville, KY

Ranked #96

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Prestonia Apartments

What is the Cheapest Studio apartment in Prestonia?

Currently the most affordable Cheap Studio Apartment in Prestonia is at Tanglewood Apartments listed at $899.

How much is rent for a Cheap One Bedroom Prestonia Apartment?

The lowest price for a Cheap One Bedroom Prestonia Apartment is $829 at Heritage Green Apartments.

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 $799 at Preston Oaks.

What is the most affordable Prestonia Three Bedroom Apartment?

The best deal on a cheap Prestonia Three Bedroom Apartment rental is at Preston Oaks and starts from $920.

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.

Helpful Local Expert Guides

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 Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.