Cheap Apartments for Rent in the Saint Joseph Neighborhood of Louisville, KY from $500 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Saint Joseph area of Louisville.

property at 319 W Lee St

$725 - $1,400

1 To 2 Bedroom Rentals

Available Now

319 W Lee St

LouisvilleKY40208

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 1503 S 4th St

$650 - $795

1 Bedroom Rentals

Available Now

1503 S 4th St

LouisvilleKY40208

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.

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.

property at 1319 S 2nd St

$895 - $1,000

1 Bedroom Rentals

Available Now

1319 S 2nd St

LouisvilleKY40208

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.

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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included

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.

Saint Joseph, Louisville, KY Local Guide

Cheapest Available Saint Joseph Apartments for Rent

 

The cheapest available apartment rental in the Saint Joseph area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. 800 Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Saint Joseph apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
800 Towers ApartmentsStudioStudio,1BA$765
Lofts on OrmsbyStudioStudio,1BA$775
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$899
Cardinal Village Apartments1x1 Lower Level1BR,1BA$899
The Cornerstone1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Saint Joseph, KY

As of January 30, 2026 the best value apartment in the Saint Joseph area is the $1.27 price per square foot 3BR/2.0BA Model at 816 Ash St. in the in the Phoenix Hill neighborhood starting from $1,900. The second greatest value Saint Joseph apartment is the 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine starting at $729 with a $0.52 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Saint Joseph apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
816 Ash St.3BR/2.0BA3BR,2BA$1.27
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
1646 Lucia Ave, Unit apt 41646 Lucia Ave2BR,1BA$1.00
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
841 Beecher St, Unit B841 Beecher St2BR,1BA$0.99
226 W Burnett Ave, Unit 220B226 W Burnett Ave2BR,1BA$1.33
The Cornerstone1 Bedroom1BR,1BA$1.29
800 Towers ApartmentsStudioStudio ,1BA$1.26

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.

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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.

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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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Quick Rent Budget Calculator

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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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Saint Joseph Apartments

What is a cheap apartment in Saint Joseph?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Saint Joseph is under $900.

What is the price of a cheap apartment in Saint Joseph?

The cheapest apartment in Saint Joseph is Patriot Derby (FKA Vesta Derby Oaks) which is listed at $850, while the average apartment in Saint Joseph costs $1,217.

What types of apartments are the cheapest in Saint Joseph?

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 33 regular apartments in Saint Joseph 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 Saint Joseph?

Cheap apartments in Saint Joseph have an average cost of $276 which is $941 cheaper than the average rent for all rentals in Saint Joseph.

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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.