Cheap Apartments for Rent in the Schnitzelburg Neighborhood of Louisville, KY from $500 (83 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1319 S 2nd St

$895 - $1,000

1 Bedroom Rentals

Available Now

1319 S 2nd St

LouisvilleKY40208
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Cardinal Village Apartments
Rent Specials
$899 - $1,054
Total Monthly Price

Total Monthly Price

Base Rent
$841 - $996
Required Monthly Fees
$58
Total Monthly Price
$899 - $1,054
1 Bedroom Apartments Available Now

Cardinal Village Apartments

1800 S 2nd StLouisville, KY 40208
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Elevate at NULU Apartment Homes
Rent Specials
$913 - $2,002
Total Monthly Price

Total Monthly Price

Base Rent
$831 - $1,920
Required Monthly Fees
$82
Total Monthly Price
$913 - $2,002
Studio to 3 Bedroom Apartments Available Now

Elevate at NULU Apartment Homes

802 E Madison StLouisville, KY 40204
Corporate Housing
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  • Customer Reviewed
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Maven @ 806
Rent Specials
$934 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$934 - $1,719
Total Monthly Price
$934 - $1,719
1 to 2 Bedroom Apartments Available Now

Maven @ 806

806 E Chestnut StLouisville, KY 40204
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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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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property at 523 Park Ave

$1,090 - $1,275

1 To 2 Bedroom Rentals

Available Now

523 Park Ave

LouisvilleKY40203

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.

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Showing Results 1-50, Page 1 of 2

Schnitzelburg, Louisville, KY Local Guide

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. Vue at 3rd Street has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Schnitzelburg apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Vue at 3rd StreetStudioStudio,1BA$699
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$765
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
Germantown Village Apartments1 Bedroom Only1BR,1BA$799
The Quad0BR/1.0BAStudio,1BA$825

Best Value Apartments for Rent in Schnitzelburg, KY

As of February 20, 2026 the best value apartment in the Schnitzelburg 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 Schnitzelburg 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 Schnitzelburg 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
Old Louisville - Oak Street Apartments2/12BR,1BA$1.05
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
The Cornerstone1 Bedroom1BR,1BA$1.29
1516 Norris Pl, Unit 31516 Norris Pl1BR,1BA$1.21
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.28
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

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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

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.

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Pet Friendly Lifestyle
Schnitzelburg, Louisville, KY

Ranked #19

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $825.

What is the price of a cheap apartment in Schnitzelburg?

The cheapest apartment in Schnitzelburg is Vue at 3rd Street which is listed at $799, while the average apartment in Schnitzelburg costs $1,715.

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 76 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 $411 which is $1,304 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.

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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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.