Cheap Apartments for Rent in the Schnitzelburg Neighborhood of Louisville, KY from $400 (70 Rentals)

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

property at 4113 S 3rd St

4113 S 3rd St

LouisvilleKY40214
property at 730 M St

730 M St

LouisvilleKY40208
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
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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. Poplar Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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
Poplar TerraceStudioStudio,1BA$799
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829
800 Towers ApartmentsStudioStudio,1BA$865
The St. Francis Apartments1BR1BA1BR,1BA$890
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
Baringer ManorStudioStudio,1BA$950

Best Value Apartments for Rent in Schnitzelburg, KY

As of September 21, 2025 the best value apartment in the Schnitzelburg area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Schnitzelburg apartment is the 433 Park Ave Model at 433 Park Ave, Unit 1 starting at $1,800 with a $1.05 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.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
433 Park Ave, Unit 1433 Park Ave2BR,1BA$1.05
1402 Hepburn Ave, Unit 11402 Hepburn Ave1BR,2BA$1.11
2167 Sherwood Ave, Unit # 22167 Sherwood Ave2BR,1BA$1.30
1703 S Preston St, Unit 11703 S Preston St1BR,1BA$1.10
The Cornerstone2 Bedroom2BR,1BA$1.11
Avenue Willows 2 bed-1 bath with W/D inclu...2BR/1.0BA2BR,1BA$1.31
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
Germantown Village Apartments1 Bedrooms1BR,1BA$1.25
708 M St, Unit 3708 M StStudio ,1BA$0.83

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Pet Friendly Lifestyle
Schnitzelburg, Louisville, KY

Ranked #18

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 $950.

What is the price of a cheap apartment in Schnitzelburg?

The cheapest apartment in Schnitzelburg is Germantown Village Apartments which is listed at $829, while the average apartment in Schnitzelburg costs $1,350.

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 45 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 $338 which is $1,012 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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.