Cheap Apartments for Rent in the Schnitzelburg Neighborhood of Louisville, KY from $500 (85 Rentals)

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

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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.

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property at 1503 S 4th St

$795 - $850

1 Bedroom Rentals

Available Now

1503 S 4th St

LouisvilleKY40208

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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property at 952 S Floyd St

$900 - $925

1 Bedroom Rentals

Available Now

952 S Floyd St

LouisvilleKY40203

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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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$775
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
800 Towers ApartmentsStudioStudio,1BA$819
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Elevate at NULU Apartment HomesProminance1BR,1BA$890

Best Value Apartments for Rent in Schnitzelburg, KY

As of December 31, 2025 the best value apartment in the Schnitzelburg area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. The second greatest value Schnitzelburg apartment is the 1635 Eastern Pky Model at 1635 Eastern Pky, Unit 1 starting at $1,400 with a $1.27 price per square foot in the Phoenix Hill 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.
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
1635 Eastern Pky, Unit 11635 Eastern Pky2BR,1BA$1.27
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The Cornerstone2 Bedroom2BR,1BA$1.11
A Little Holiday Wish Come True: No rent until January!1BR/1.0BA1BR,1BA$1.16
Derby Row | Student HousingBelmont2BR,2BA$1.05
226 W Burnett Ave, Unit 220B226 W Burnett Ave2BR,1BA$1.33
1239 S Brook St, Unit 21239 S Brook St1BR,1BA$0.93
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.32
800 Towers ApartmentsStudioStudio ,1BA$1.35

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

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 #29

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 $890.

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 $1,250.

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 31 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 $329 which is $921 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.