Cheap Apartments for Rent in the Saint Joseph Neighborhood of Louisville, KY from $400 (127 Rentals)

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

property at 4307 S 3rd St

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725
Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

4307 S 3rd St

LouisvilleKY40214

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property at 4108 S 3rd St

$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

4108 S 3rd St

LouisvilleKY40214

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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. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $700. 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
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$715
Germantown Village Apartments1 Bedroom1BR,1BA$829
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850

Best Value Apartments for Rent in Saint Joseph, KY

As of May 01, 2026 the best value apartment in the Saint Joseph area is the $1.20 price per square foot 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F in the in the Medical Center neighborhood starting from $1,195. The second greatest value Saint Joseph apartment is the 2BR/1.0BA Model at A Little Holiday Wish Come True: No rent until January! starting at $1,150 with a $1.31 price per square foot in the Phoenix Hill 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.
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
A Little Holiday Wish Come True: No rent until January!2BR/1.0BA2BR,1BA$1.31
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
1436 S 3rd St, Unit #41436 S 3rd St1BR,1BA$1.13
307 Woodbine St, Unit 3307 Woodbine St1BR,1BA$1.11
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village Apartments1 Bedroom1BR,1BA$1.25
218 W Florence Ave, Unit 2218 W Florence Ave1BR,1BA$1.23
800 Towers ApartmentsStudioStudio ,1BA$1.18
708 M St, Unit 3708 M StStudio ,1BA$0.83

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Best Local Schools in
Saint Joseph, Louisville, KY

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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 $850.

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

The cheapest apartment in Saint Joseph is Germantown Village Apartments which is listed at $829, while the average apartment in Saint Joseph costs $1,200.

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 36 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 $268 which is $932 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.

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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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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