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$542 - $1,0851 to 2 Bedroom Apartments Available Now
Gateway on Broadway
1405 W BroadwayLouisville, KY 40203
Cheap Apartments for Rent in the Russell Neighborhood of Louisville, KY from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Russell area of Louisville.
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$6951 Bedroom Apartment Available Now
3124 Vermont Ave
3124 Vermont AveLouisville, KY 40211
3124 Vermont Ave
LouisvilleKY40211
1704 Rowan St
LouisvilleKY40203
2409 Rowan St
LouisvilleKY40212
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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$699
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$699
Total Monthly Price
$699
2409 Rowan St, Unit 3
2409 Rowan StLouisville, KY 40212
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$699
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$699
Total Monthly Price
$699
1704 Rowan St, Unit 3
1704 Rowan StLouisville, KY 40203
2327 Duncan St
LouisvilleKY40212
2614 W Jefferson St
LouisvilleKY40212
519 N 20th St
LouisvilleKY40203
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.
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$7952 Bedroom Apartment Available Now
2614 W Jefferson St, Unit 4
2614 W Jefferson StLouisville, KY 40212
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1 to 2 Bedroom Apartments
Zion Manor
2201 W Muhammad Ali BlvdLouisville, KY 40212
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1 Bedroom Apartments
St. Cecilia Apartments
2530 Slevin StLouisville, KY 40212
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1 to 2 Bedroom Apartments
Rowan Place
2132 Rowan StLouisville, KY 40212
664 S 27th St
LouisvilleKY40211
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Russell, Louisville, KY Local Guide
How much does it cost to rent an apartment in Russell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Russell Studio Apartments | $999 | $889 | $1,156 |
| Russell 1 Bedroom Apartments | $981 | $542 | $1,185 |
| Russell 2 Bedroom Apartments | $1,254 | $542 | $1,568 |
| Russell 3 Bedroom Apartments | $1,228 | $926 | $1,581 |
| Russell 4 Bedroom Apartments | $1,289 | $1,289 | $1,289 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Russell Neighborhood of Louisville, KY.
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Russell, Louisville, KY Local Guide
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Cheapest Available Russell Apartments for Rent
The cheapest available apartment rental in the Russell area of Louisville, KY is a 2 Beds unit found at Gateway on Broadway priced from $542. Painters Row has the second lowest priced unit, which is a Studio apartment currently listed from $889. Here are the most affordable Russell apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Painters Row | Studio - 1 Bathroom | Studio,1BA | $889 |
| Jefferson Properties | 2bd Apartment | 2BR,1BA | $917 |
| Hampton Place | One Bedroom Apartment | 1BR,1BA | $930 |
| Eclipse | 1 Bedroom | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Russell, KY
As of March 11, 2026 the best value apartment in the Russell area is the $0.50 price per square foot One Bedroom Model at Gateway on Broadway in the in the Phoenix Hill neighborhood starting from $542. The second greatest value Russell apartment is the 3bd Apartment Model at Jefferson Properties starting at $1,056 with a $1.17 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Russell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| Jefferson Properties | 3bd Apartment | 3BR,1BA | $1.17 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| Painters Row | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.42 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
| 2409 Rowan St, Unit 3 | 2409 Rowan St | 1BR,1BA | $1.08 |
| Eclipse | 1 Bedroom | 1BR,1BA | $1.56 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1.81 |
| Hampton Place | One Bedroom Apartment | 1BR,1BA | $1.62 |
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.
Read ArticleCash 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.
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
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Best Local Schools in Russell, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Russell Apartments
What is a cheap apartment in Russell?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Russell is under $1,024.
What is the price of a cheap apartment in Russell?
The cheapest apartment in Russell is Gateway on Broadway which is listed at $542, while the average apartment in Russell costs $1,354.
What types of apartments are the cheapest in Russell?
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 46 regular apartments in Russell 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 Russell?
Cheap apartments in Russell have an average cost of $789 which is $565 cheaper than the average rent for all rentals in Russell.
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.
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.