Cheap Homes for Rent in Smoketown Neighborhood of Louisville, KY from $700 (23 Rentals)

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Search the lowest-cost Homes 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.

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.

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.

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

Best Value Apartments for Rent in Smoketown, KY

As of July 30, 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
Elevate at NULU Apartment HomesBeyond2BR,1BA$1.20
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingThoroughbred2BR,2BA$1.00

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Frequently Asked Questions about Smoketown

What type of rentals are currently available in Smoketown?

There are currently 810 Apartments for Rent in Smoketown, KY with pricing that ranges from $200 to $7,010. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smoketown ranging from $700 to $8,750.

What is the current price range for Rental Homes in Smoketown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Smoketown ranges from $700 to $8,750 with an average monthly rent of $1,705.

How much are larger Three and Four Bedroom Rentals in Smoketown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Smoketown range from $848 to $5,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $845 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $535.

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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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.

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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.