
Cheap Apartments for Rent in the Schnitzelburg Neighborhood of Louisville, KY from $500 (143 Rentals)
Search the lowest-cost Apartments available for rent right now in the Schnitzelburg area of Louisville.


The Prestonian

Lofts on Ormsby

800 Towers Apartments

4307 S 3rd St

4307 S 3rd St

Total Monthly Price
1944 Deerwood Ave, Unit 2, Unit 2

307 Woodbine St

Total Monthly Price
307 Woodbine St, Unit 3, Unit 3

538 Lilly 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.

Total Monthly Price
1423 Debarr St, Unit 2, Unit 2

Poplar Terrace

1243 S Brook St

1228 S Brook St

523 Park Ave

The Quad

309 W Whitney Ave

Germantown Village Apartments

2119 Grinstead Dr

1361 S Brook 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.

The St. Francis Apartments

2049 Alta Ave

305 W Whitney Ave

1702 S 2nd St

1319 S 2nd St

1107 E Kentucky St

The Avenue in the Highlands

Cardinal Village Apartments

Artspace Lofts

The Cornerstone
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.

Heights at Audubon Park

1428 Rufer Ave

224 E Oak St

1231 S 4th St

Total Monthly Price
2607 Preston Hwy, Unit #1, Unit #1

Lucia Apartments - First Full Month Free!

Crescent Centre Apartments & Townhomes

Baringer Manor

Park Edge Apartments

704-706 Roselane St
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.

1223 S 2nd St

York Towers Apartments

823 S 2nd St, Unit 3

1504 E Breckinridge St

1401 E Breckinridge St

1436 S 3rd St, Unit #1, Unit #1

1106 Cherokee Rd, Unit 6

532 E Saint Catherine St

607 St Catherine St

A Little Holiday Wish Come True: No rent until January!
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.
Schnitzelburg, Louisville, KY Local Guide

How much does it cost to rent an apartment in Schnitzelburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schnitzelburg Studio Apartments | $969 | $200 | $1,675 |
| Schnitzelburg 1 Bedroom Apartments | $1,326 | $200 | $2,600 |
| Schnitzelburg 2 Bedroom Apartments | $1,557 | $652 | $3,681 |
| Schnitzelburg 3 Bedroom Apartments | $1,632 | $707 | $6,366 |
| Schnitzelburg 4 Bedroom Apartments | $853 | $629 | $1,485 |
Browse Apartments in this Neighborhood
There are currently 143 rentals with your search options within a 2 mile radius of the Schnitzelburg Neighborhood of Louisville, KY.
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Schnitzelburg, Louisville, KY Local Guide
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Cheapest Available Schnitzelburg Apartments for Rent
 The cheapest available apartment rental in the Schnitzelburg area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. The Prestonian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $543. Here are the most affordable Schnitzelburg apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| The Prestonian | 1A | 1BR,1BA | $543 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| The Quad | 0BR/1.0BA | Studio,1BA | $825 |
| Germantown Village Apartments | 1 Bedroom | 1BR,1BA | $829 |
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $899 |
Best Value Apartments for Rent in Schnitzelburg, KY
As of May 21, 2026 the best value apartment in the Schnitzelburg area is the $0.48 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $609. The second greatest value Schnitzelburg apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F starting at $1,195 with a $1.20 price per square foot in the Medical Center neighborhood. Here is today’s list of the best values for Schnitzelburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.48 |
| 535 E Kentucky St, Unit 1F | 535 E Kentucky St | 2BR,1BA | $1.20 |
| 1423 Debarr St, Unit 2 | 1423 Debarr St | 1BR,1BA | $0.84 |
| 1436 S 3rd St, Unit #1 | 1436 S 3rd St | 1BR,1BA | $1.05 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| A Little Holiday Wish Come True: No rent until January! | 2BR/1.0BA | 2BR,1BA | $1.16 |
| 307 Woodbine St, Unit 3 | 307 Woodbine St | 1BR,1BA | $1.11 |
| Germantown Village Apartments | 1 Bedroom | 1BR,1BA | $1.25 |
| 1944 Deerwood Ave, Unit 2 | 1944 Deerwood Ave | 1BR,1BA | $1.15 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.18 |
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.
Pet Friendly LifestyleSchnitzelburg, Louisville, KY
Ranked #62
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Schnitzelburg, Louisville, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Louisville. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Schnitzelburg Apartments
What is a cheap apartment in Schnitzelburg?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Schnitzelburg is under $899.
What is the price of a cheap apartment in Schnitzelburg?
The cheapest apartment in Schnitzelburg is The Prestonian which is listed at $543, while the average apartment in Schnitzelburg costs $1,507.
What types of apartments are the cheapest in Schnitzelburg?
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 64 regular apartments in Schnitzelburg 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 Schnitzelburg?
Cheap apartments in Schnitzelburg have an average cost of $370 which is $1,137 cheaper than the average rent for all rentals in Schnitzelburg.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.