
Cheap Homes for Rent in Russell Neighborhood of Louisville, KY from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Russell area of Louisville.


2614 W Jefferson St

2718 W Jefferson St

2718 W Jefferson St

3124 Vermont Ave

2724 Garland Ave
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.

2925 Slevin St

2925 Slevin St

2216 W Main St

117 N 29th St

421 S 27th St

421 S 27th St
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.

2300 W Madison St

2300 W Madison St

451 N 25th St

2411 Elliott Ave

2634 Garland Ave

212 N 25th St
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.

2512 Cedar St

1934 W Madison St
Russell, Louisville, KY Local Guide

How much does it cost to rent a home in Russell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Russell 2 Bedroom Homes for Rent | $928 | $745 | $1,100 |
| Russell 3 Bedroom Homes for Rent | $1,063 | $672 | $1,400 |
| Russell 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
| Russell 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 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 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.
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
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.
Read ArticleQuick 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.
Best Local Schools in Russell, Louisville, KY
School data provided by Great Schools
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

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.
Articles, How-To's, and Tips

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.