Cheap Homes for Rent in Russell Neighborhood of Louisville, KY from $600 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Russell area of Louisville.

property at 2718 W Jefferson St

$699

Total Monthly Price

Total Monthly Price

Base Rent
$699

Total Monthly Price
$699

1 Bedroom, 1 Bath Home for Rent

Available Now

2718 W Jefferson St

LouisvilleKY40212

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.

property at 2925 Slevin St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

2 Bedroom, 1 Bath Home for Rent

Available Now

2925 Slevin St

LouisvilleKY40212
property at 421 S 27th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

421 S 27th 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.

property at 2300 W Madison St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

2300 W Madison 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.

Russell, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
Beecher Terrace Phase II (0680)1 Bedroom*1BR,1BA$861
Jefferson Properties2bd Apartment2BR,1BA$900
Painters RowStudio - 1 BathroomStudio,1BA$920
Eclipse1 Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Russell, KY

As of June 18, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2014 W Main St, Unit 1F2014 W Main St2BR,1BA$0.80
Jefferson Properties3bd Apartment3BR,1BA$1.17
2433 Slevin St, Unit 22433 Slevin St3BR,1BA$1.09
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.07
3149 Vermont Ave, Unit 3149 Vermont Ave3149 Vermont Ave2BR,1BA$0.99
200 N 18th St, Unit 200 N 18th St200 N 18th St2BR,1BA$1.05
Painters RowADA - Studio - 1 BathroomStudio ,1BA$1.52
3124 Vermont Ave3124 Vermont Ave1BR,1BA$1.07
Eclipse1 Bedroom1BR,1BA$1.56
Beecher Terrace Phase II (0680)1 Bedroom1BR,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

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Real 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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Frequently Asked Questions about Russell

What type of rentals are currently available in Russell?

There are currently 110 Apartments for Rent in Russell, KY with pricing that ranges from $695 to $1,568. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell ranging from $672 to $2,100.

What is the current price range for Rental Homes in Russell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Russell ranges from $672 to $2,100 with an average monthly rent of $1,296.

How much are larger Three and Four Bedroom Rentals in Russell?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Russell range from $875 to $1,507, while Three Bedroom Homes, Condos, and Townhomes for rent range from $672 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $910.

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

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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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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.

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

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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.

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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.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.