Cheap Apartments for Rent in the Smoketown Neighborhood of Louisville, KY from $400 (113 Rentals)

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

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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
Poplar TerraceStudioStudio,1BA$799
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Cathedral CommonsStudioStudio,1BA$850
800 Towers ApartmentsStudioStudio,1BA$865
The St. Francis Apartments1BR1BA1BR,1BA$890

Best Value Apartments for Rent in Smoketown, KY

As of September 19, 2025 the best value apartment in the Smoketown 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 Smoketown 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 Smoketown 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
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
1703 S Preston St, Unit 11703 S Preston St1BR,1BA$1.10
The Cornerstone2 Bedroom2BR,1BA$1.11
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
1704 Rowan St, Unit 21704 Rowan St3BR,1BA$1.21
134 Waverly Ct, Unit Garage134 Waverly CtStudio ,0.5BA$1.00

Quick Rent Budget Calculator

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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 $890.

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 $1,715.

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 102 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 $296 which is $1,419 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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