Cheap Apartments for Rent in the Riverwood Neighborhood of Louisville, KY from $800 (20 Rentals)

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

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Riverwood, Louisville, KY Local Guide

Cheapest Available Riverwood Apartments for Rent

 

The cheapest available apartment rental in the Riverwood area of Louisville, KY is a 2 Beds unit found at Bridgepointe Crossing priced from $827. Nora has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Riverwood apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Bridgepointe Crossing2 br2BR,1BA$827
Nora1 Bedroom 1 Bathroom1BR,1BA$899
Village Manor Apartments1x1-610 FLAT1BR,1BA$962
Views at Crescent Hill1 Bedroom B1BR,1BA$969
Hidden CreekOne Bed One Bath 8501BR,1BA$995

Best Value Apartments for Rent in Riverwood, KY

As of September 20, 2025 the best value apartment in the Riverwood area is the $1.27 price per square foot The Ascent Model at Butchertown Flats in the in the Clifton Heights neighborhood starting from $1,519. The second greatest value Riverwood apartment is the 2 Beds, 2 baths Model at Chatsworth Park Apartments starting at $1,500 with a $1.25 price per square foot in the Crescent Hill neighborhood. Here is today’s list of the best values for Riverwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Butchertown FlatsThe Ascent2BR,1.5BA$1.27
Chatsworth Park Apartments2 Beds, 2 baths2BR,2BA$1.25
309 Crescent Ct, Unit Apt 2309 Crescent Ct2BR,1BA$0.80
Hidden CreekTwo Bed One Bath 9502BR,1BA$1.18
Bridgepointe Crossing2 br2BR,1.5BA$0.90
3810 Leland Rd, Unit #73810 Leland Rd1BR,1BA$1.44
322 Delray Rd, Unit Delray Unit 4322 Delray Rd2BR,1BA$1.44
Prospect Park ApartmentsA11BR,1BA$1.42
Ashbury Ridge2 Bedroom2BR,1BA$1.30
Nora1 Bedroom 1 Bathroom1BR,1BA$1.28

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Pet Friendly Lifestyle
Riverwood, Louisville, KY

Ranked #109

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Riverwood Neighborhood in Louisville, KY

Bike Score®

1 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Riverwood Apartments

What is the price of a cheap apartment in Riverwood?

The cheapest apartment in Riverwood is Nora which is listed at $899, while the average apartment in Riverwood costs $1,899.

What types of apartments are the cheapest in Riverwood?

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 6 regular apartments in Riverwood 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 Riverwood?

Cheap apartments in Riverwood have an average cost of $562 which is $1,337 cheaper than the average rent for all rentals in Riverwood.

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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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.