Cheap Homes for Rent in the Smoketown Neighborhood of Louisville, KY from $700 (36 Rentals)

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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

property at 1552 Gallagher St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1552 Gallagher St

LouisvilleKY40210

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2520 S 3rd St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

2520 S 3rd St, Unit 405

2520 S 3rd St
LouisvilleKY40208
property at 1500 S Hancock St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1500 S Hancock St

LouisvilleKY40217
property at 1300 S 3rd St

$1,300 - $1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,550

Total Monthly Price
$1,300 - $1,550

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

1300 S 3rd St

LouisvilleKY40208

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property at 1301 Cherokee Rd

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 Bedroom, 1 Bath Condo for Rent

Available Now

1301 Cherokee Rd, Unit #5

1301 Cherokee Rd
LouisvilleKY40204

Smoketown - One of the Best Affordable Neighborhoods in Louisville

Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

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. 1128 S. 3rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. 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
1128 S. 3rd1BR/1.0BA1BR,1BA$695
800 Towers ApartmentsStudioStudio,1BA$719
1388 S 2nd1BR/1.0BA1BR,1BA$755
1215 S. 4th St1BR/1.0BA1BR,1BA$795
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
AVIA North ShoreStudioStudio,1BA$799
Lofts on OrmsbyStudioStudio,1BA$800

Best Value Apartments for Rent in Smoketown, KY

As of August 18, 2026 the best value apartment in the Smoketown area is the $0.83 price per square foot 2BR/1.0BA Model at 1390 S. 1st in the in the Phoenix Hill neighborhood starting from $1,200. The second greatest value Smoketown apartment is the Birchmore 2x2 Model at Brexx at Louisville starting at $1,019 with a $0.80 price per square foot in the Downtown Louisville 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.
1390 S. 1st2BR/1.0BA2BR,1BA$0.83
Brexx at LouisvilleBirchmore 2x22BR,2BA$0.80
Edison ParkEP41BR,1.5BA$1.08
1436 S 3rd St, Unit Carriage House1436 S 3rd St2BR,2BA$1.07
The Nine2x22BR,2BA$1.15
Derby Row | Student HousingThoroughbred2BR,2BA$1.09
2208 Crittenden Dr, Unit Unit 32208 Crittenden Dr1BR,1BA$1.04
200 N 18th St, Unit 200 N 18th St200 N 18th St2BR,1BA$1.01
1128 S. 3rd0BR/1.0BAStudio ,1BA$1.07
The Puritan Senior Living - 62 & OverStudioStudio ,1BA$0.44

Frequently Asked Questions about Smoketown

What type of rentals are currently available in Smoketown?

There are currently 829 Apartments for Rent in Smoketown, KY with pricing that ranges from $200 to $6,648. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smoketown ranging from $790 to $3,000.

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 $790 to $3,000 with an average monthly rent of $1,658.

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 $909 to $5,136, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,325 and Four Bedroom Apartments start at $619.

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

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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.