
Cheap Homes for Rent in Smoketown Neighborhood of Louisville, KY from $700 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Smoketown area of Louisville.


2057 May Ave

1618 Ellwood Ave

823 S 2nd St, Unit 3

2111 7th Street Rd

1106 Cherokee Rd, Unit 6
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1612 W Market St

532 E Saint Catherine St

112 N 18th St

415 Atwood St

1236 Cherokee Rd

1438 Lillian Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

409 W Gaulbert Ave

409 W Gaulbert Ave

2424 Glenmary Ave

1109 Euclid Ave

1321 Rufer Ave

1552 Gallagher St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1625 W Kentucky St

1040 Cherokee Rd

570 Lilly Ave

122 E Oak St

1318 S Brook St

570 Lilly Ave
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.

512 W Oak St
Smoketown, Louisville, KY Local Guide

How much does it cost to rent a home in Smoketown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Smoketown 2 Bedroom Homes for Rent | $1,570 | $750 | $3,200 |
| Smoketown 3 Bedroom Homes for Rent | $1,870 | $1,000 | $4,500 |
| Smoketown 4 Bedroom Homes for Rent | $2,031 | $1,395 | $2,680 |
| Smoketown 5 Bedroom Homes for Rent | $2,397 | $1,800 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Smoketown Neighborhood of Louisville, KY.
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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. The Prestonian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $543. Here are the most affordable Smoketown apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| The Prestonian | 1A | 1BR,1BA | $543 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| AVIA North Shore | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Smoketown, KY
As of May 20, 2026 the best value apartment in the Smoketown area is the $0.48 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $609. The second greatest value Smoketown apartment is the 535 E Kentucky St Model at 535 E Kentucky St, Unit 1F starting at $1,195 with a $1.20 price per square foot in the Medical Center neighborhood. Here is today’s list of the best values for Smoketown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.48 |
| 535 E Kentucky St, Unit 1F | 535 E Kentucky St | 2BR,1BA | $1.20 |
| 1436 S 3rd St, Unit #1 | 1436 S 3rd St | 1BR,1BA | $1.05 |
| 1423 Debarr St, Unit 2 | 1423 Debarr St | 1BR,1BA | $0.84 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| A Little Holiday Wish Come True: No rent until January! | 2BR/1.0BA | 2BR,1BA | $1.16 |
| Glassworks Lofts | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.21 |
| 307 Woodbine St, Unit 3 | 307 Woodbine St | 1BR,1BA | $1.11 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.18 |
Frequently Asked Questions about Smoketown
What type of rentals are currently available in Smoketown?
There are currently 824 Apartments for Rent in Smoketown, KY with pricing that ranges from $200 to $8,025. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smoketown ranging from $750 to $4,500.
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 $750 to $4,500 with an average monthly rent of $1,668.
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 $850 to $6,427, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $629.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.