
Cheap Homes for Rent in Russell Neighborhood of Louisville, KY from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Russell area of Louisville.


522 Dr W. J. Hodge St

655 S 27th St

1913 Baird St

3028 W Kentucky St

2519 W Jefferson St

2904 Duncan St
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.

2509 St Xavier St

2112 W Madison St

214 S 24th St

214 N 24th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2507 Elliott Ave

2645 Grand Ave

2814 W Muhammad Ali Blvd

2814 W Muhammad Ali Blvd

214 N 24th St

2821 Rowan St

2821 Rowan St

1725 Gallagher St

2658 Rowan St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1612 W Market 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 | $1,008 | $824 | $1,250 |
Russell 3 Bedroom Homes for Rent | $1,178 | $900 | $1,660 |
Russell 4 Bedroom Homes for Rent | $1,463 | $900 | $1,850 |
Russell 5 Bedroom Homes for Rent | $1,633 | $1,500 | $1,800 |
Russell 7 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Russell Neighborhood of Louisville, KY.
Explore Louisville
Russell, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $725. 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 |
Lofts on Ormsby | Studio | Studio,1BA | $725 |
Vue at 3rd Street | Studio | Studio,1BA | $799 |
800 Towers Apartments | Studio | Studio,1BA | $910 |
Jefferson Properties | 2bd apartment | 2BR,1BA | $919 |
Best Value Apartments for Rent in Russell, KY
As of June 03, 2025 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 1816 W Jefferson St Model at 1816 W Jefferson St, Unit #3 starting at $950 with a $1.06 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 |
1816 W Jefferson St, Unit #3 | 1816 W Jefferson St | 2BR,1BA | $1.06 |
1816 W Jefferson St, Unit 3 | 1816 W Jefferson St | 2BR,1BA | $1.06 |
Jefferson Properties | 3bd apartment | 3BR,1BA | $1.45 |
Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.05 |
200 N 18th St, Unit 4 | 200 N 18th St | 2BR,1BA | $1.02 |
Community Towers 62 & Up | 1 Bed, 1 bath | 1BR,1BA | $1.50 |
Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $1.36 |
800 Towers Apartments | Studio | Studio ,1BA | $1.50 |
Quick 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.
Frequently Asked Questions about Russell
What type of rentals are currently available in Russell?
There are currently 103 Apartments for Rent in Russell, KY with pricing that ranges from $542 to $4,490. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell ranging from $824 to $1,850.
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 $824 to $1,850 with an average monthly rent of $1,288.
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 $795 to $1,906, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,660. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,640.
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.

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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.