Cheap Apartments for Rent in the Smoketown Neighborhood of Louisville, KY from $500 (114 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Smoketown 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 1829 S 3rd St

1829 S 3rd St

LouisvilleKY40208

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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property at 1051 Barret Ave

1051 Barret Ave

LouisvilleKY40204

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Smoketown, Louisville, KY Local Guide

Cheapest Available Smoketown Apartments for Rent

 

The cheapest available apartment rental in the Smoketown area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Smoketown apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
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
Poplar TerraceStudioStudio,1BA$839
Germantown Village Apartments1 Bedrooms1BR,1BA$849
AVIA North ShoreStudiosStudio,1BA$899
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910

Best Value Apartments for Rent in Smoketown, KY

As of July 31, 2025 the best value apartment in the Smoketown area is the $1.19 price per square foot EP9 Model at Edison Park in the in the Medical Center neighborhood starting from $1,995. The second greatest value Smoketown apartment is the 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 4 starting at $1,350 with a $1.13 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Smoketown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edison ParkEP92BR,2.5BA$1.19
1646 Lucia Ave, Unit 41646 Lucia Ave2BR,1BA$1.13
The Cornerstone3 Bedroom3BR,1BA$1.00
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
816-818 Rubel AveThree Bedroom3BR,1BA$0.58
425 Shelby Pkwy, Unit 3425 Shelby Pkwy2BR,1BA$1.19
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.00

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
Smoketown, Louisville, KY

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Louisville. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, places to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Smoketown Neighborhood in Louisville, KY

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

54 / 100

Good Transit

Many 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 Smoketown Apartments

What is a cheap apartment in Smoketown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Smoketown is under $910.

What is the price of a cheap apartment in Smoketown?

The cheapest apartment in Smoketown is Gateway on Broadway which is listed at $542, while the average apartment in Smoketown costs $2,250.

What types of apartments are the cheapest in Smoketown?

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 85 regular apartments in Smoketown 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 Smoketown?

Cheap apartments in Smoketown have an average cost of $230 which is $2,020 cheaper than the average rent for all rentals in Smoketown.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.