Cheap Apartments for Rent in the Schnitzelburg Neighborhood of Louisville, KY from $500 (78 Rentals)

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

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 4113 S 3rd St

4113 S 3rd St

LouisvilleKY40214
property at 1829 S 3rd St

1829 S 3rd St

LouisvilleKY40208

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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 1051 Barret Ave

1051 Barret Ave

LouisvilleKY40204

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Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
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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. Yugo Louisville Nine has the second lowest priced unit, which is a 4 Beds apartment currently listed from $709. 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
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$725
The QuadStudio – 1 BathroomStudio,1BA$795
Vue at 3rd StreetStudioStudio,1BA$799
The Cornerstone1 Bedroom1BR,1BA$800
Poplar TerraceStudioStudio,1BA$839
Germantown Village Apartments1 Bedrooms1BR,1BA$849
800 Towers ApartmentsStudioStudio,1BA$910

Best Value Apartments for Rent in Schnitzelburg, KY

As of July 24, 2025 the best value apartment in the Schnitzelburg area is the $1.13 price per square foot 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 4 in the in the Phoenix Hill neighborhood starting from $1,350. The second greatest value Schnitzelburg apartment is the 3 Beds, 1.5 Baths Model at 1524 S 4th St starting at $1,250 with a $1.14 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.
1646 Lucia Ave, Unit 41646 Lucia Ave2BR,1BA$1.13
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
1445 S 3rd St3x13BR,1BA$0.55
816-818 Rubel AveThree Bedroom3BR,1BA$0.58
425 Shelby Pkwy, Unit 3425 Shelby Pkwy2BR,1BA$1.19
The St. Francis Apartments2BR2BA2BR,2BA$1.28
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
The Cornerstone1 Bedroom1BR,1BA$1.14
Germantown Village Apartments1 Bedrooms1BR,1BA$1.28

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Schnitzelburg, Louisville, KY

Ranked #22

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!

Getting Around the Schnitzelburg Neighborhood in Louisville, KY

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $910.

What is the price of a cheap apartment in Schnitzelburg?

The cheapest apartment in Schnitzelburg is The Cornerstone which is listed at $800, while the average apartment in Schnitzelburg costs $1,650.

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 16 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 $299 which is $1,351 cheaper than the average rent for all rentals in Schnitzelburg.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.