Cheap Homes for Rent in Smoketown Neighborhood of Louisville, KY from $600 (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.

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property at 1417 S 3rd St

1417 S 3rd St

LouisvilleKY40208

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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

Best Value Apartments for Rent in Smoketown, KY

As of June 08, 2025 the best value apartment in the Smoketown area is the $1.17 price per square foot EP8 Model at Edison Park in the in the Medical Center neighborhood starting from $1,750. The second greatest value Smoketown apartment is the 3 Beds, 1.5 Baths Model at 1524 S 4th St starting at $1,250 with a $1.14 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 ParkEP82BR,1.5BA$1.17
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
1308 S 6th St, Unit 21308 S 6th St1BR,1BA$1.10
500 W Saint Catherine St, Unit 1500 W Saint Catherine St2BR,1BA$1.10
1816 W Jefferson St, Unit #31816 W Jefferson St2BR,1BA$1.06
1816 W Jefferson St, Unit 31816 W Jefferson St2BR,1BA$1.06
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
The Cornerstone1 Bedroom1BR,1BA$1.14
200 N 18th St, Unit 1200 N 18th St1BR,1BA$1.10

Quick Rent Budget Calculator

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Frequently Asked Questions about Smoketown

What type of rentals are currently available in Smoketown?

There are currently 790 Apartments for Rent in Smoketown, KY with pricing that ranges from $200 to $8,880. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smoketown ranging from $695 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 $695 to $8,750 with an average monthly rent of $1,856.

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 $1,065 to $6,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,065 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,425 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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.