856 S 24th St
LouisvilleKY40211
Cheap Apartments for Rent in the Russell Neighborhood of Louisville, KY from $500 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Russell area of Louisville.
2751 Alford Ave
LouisvilleKY40212
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$695
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$695
Total Monthly Price
$695
3124 Vermont Ave
3124 Vermont AveLouisville, KY 40211
2718 W Jefferson St
LouisvilleKY40212
2717 Slevin St
LouisvilleKY40212
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$734
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$734
Total Monthly Price
$734
3149 Vermont Ave, Unit 3149 Vermont Ave
3149 Vermont AveLouisville, KY 40211
2724 Garland Ave
LouisvilleKY40211
2513 Date St
LouisvilleKY40210
2925 Slevin St
LouisvilleKY40212
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$775
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$775
Total Monthly Price
$775
200 N 18th St, Unit 200 N 18th St
200 N 18th StLouisville, KY 40203
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.
200 N 18th St
LouisvilleKY40203
519 N 20th St
LouisvilleKY40203
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$795
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$795
Total Monthly Price
$795
2614 W Jefferson St, Unit 4
2614 W Jefferson StLouisville, KY 40212
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$795
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$795
Total Monthly Price
$795
2014 W Main St, Unit 1F
2014 W Main StLouisville, KY 40203
316 N 22nd St
LouisvilleKY40212
701 Hazel St
LouisvilleKY40211
1139 S 28th St
LouisvilleKY40211
725 S 16th St
LouisvilleKY40210
117 N 29th St
LouisvilleKY40212
2216 W Main 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.
1507 W Jefferson St
LouisvilleKY40203
421 S 27th St
LouisvilleKY40212
2300 W Madison St
LouisvilleKY40211
2631 W Madison St
LouisvilleKY40211
2433 Slevin St
LouisvilleKY40212
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$875
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
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$875
Total Monthly Price
$875
2433 Slevin St, Unit 2
2433 Slevin StLouisville, KY 40212
2634 Garland Ave
LouisvilleKY40211
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$900 - $1,2002 to 4 Bedroom Apartments Available Now
Jefferson Properties
2334 W Jefferson StLouisville, KY 40212
1908 W Market St
LouisvilleKY40203
2729 W Chestnut St
LouisvilleKY40211
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.
214 N 24th St
LouisvilleKY40212
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$920 - $1,568Studio to 2 Bedroom Apartments Available Now
Painters Row
1409-1427 Lytle StLouisville, KY 40203
2523 1/2 Greenwood Ave
LouisvilleKY40210
2634 Garland Ave
LouisvilleKY40211
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Rent Specials
$1,000 - $1,5071 to 3 Bedroom Apartments Available Now
Eclipse
610 S 29th StLouisville, KY 40211
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1 to 2 Bedroom Apartments
Gateway on Broadway
1405 W BroadwayLouisville, KY 40203
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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
2614 W Jefferson St
LouisvilleKY40212
3124 Vermont Ave
LouisvilleKY40211
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.
2718 W Jefferson St
LouisvilleKY40212
2925 Slevin St
LouisvilleKY40212
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1 to 2 Bedroom Apartments
Rowan Place
2132 Rowan StLouisville, KY 40212
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2 to 3 Bedroom Apartments
Madison Apartments
2901-2975 W Madison StLouisville, KY 40211
421 S 27th St
LouisvilleKY40212
2300 W Madison St
LouisvilleKY40211
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1 to 3 Bedroom Apartments
Beecher Terrace Phase II (0680)
1620 W Jefferson StLouisville, KY 40203
451 N 25th St
LouisvilleKY40212
212 N 25th St
LouisvilleKY40212
2411 Elliott Ave
LouisvilleKY40211
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.
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 | $987 | $920 | $1,125 |
| Russell 1 Bedroom Apartments | $990 | $695 | $1,248 |
| Russell 2 Bedroom Apartments | $1,177 | $734 | $1,568 |
| Russell 3 Bedroom Apartments | $1,140 | $875 | $1,507 |
| Russell 4 Bedroom Apartments | $1,090 | $910 | $1,200 |
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 58 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 1 Bed unit found at Beecher Terrace Phase II (0680) priced from $861. Jefferson Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Russell apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beecher Terrace Phase II (0680) | 1 Bedroom* | 1BR,1BA | $861 |
| Jefferson Properties | 2bd Apartment | 2BR,1BA | $900 |
| Painters Row | Studio - 1 Bathroom | Studio,1BA | $920 |
| Eclipse | 1 Bedroom | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Russell, KY
As of June 21, 2026 the best value apartment in the Russell area is the $0.80 price per square foot 2014 W Main St Model at 2014 W Main St, Unit 1F in the in the Portland neighborhood starting from $795. 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. |
|---|---|---|---|
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.80 |
| Jefferson Properties | 3bd Apartment | 3BR,1BA | $1.17 |
| 2433 Slevin St, Unit 2 | 2433 Slevin St | 3BR,1BA | $1.09 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 3149 Vermont Ave, Unit 3149 Vermont Ave | 3149 Vermont Ave | 2BR,1BA | $0.99 |
| 200 N 18th St, Unit 200 N 18th St | 200 N 18th St | 2BR,1BA | $1.05 |
| Painters Row | ADA - Studio - 1 Bathroom | Studio ,1BA | $1.52 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
| Eclipse | 1 Bedroom | 1BR,1BA | $1.56 |
| Beecher Terrace Phase II (0680) | 1 Bedroom | 1BR,1BA | $1.81 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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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 $1,000.
What is the price of a cheap apartment in Russell?
The cheapest apartment in Russell is Beecher Terrace Phase II (0680) which is listed at $861, while the average apartment in Russell costs $1,358.
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 47 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 $668 which is $690 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.
Helpful Local Expert Guides
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.
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.
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.
Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.