Cheap Apartments for Rent in the South Louisville Neighborhood of Louisville, KY from $400 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Louisville 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.

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Feyhurst Apartments
1 Bedroom Apartments

Feyhurst Apartments

7417 Feyhurst DrLouisville, KY 40258
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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
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Glen Hollow Apartments
2 Bedroom Apartments

Glen Hollow Apartments

800 Glen Hollow DrLouisville, KY 40214
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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.

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Greenwood Place Apartments
Studio to 2 Bedroom Apartments

Greenwood Place Apartments

7500 Greenwood Place CirLouisville, KY 40258
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Yvonne Apartments
1 Bedroom Apartments

Yvonne Apartments

142 Woodmore AveLouisville, KY 40214
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Meadowood Apartments
2 Bedroom Apartments

Meadowood Apartments

304 Meadowood CtLouisville, KY 40214
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Highlands
2 to 3 Bedroom Apartments

The Highlands

153 Highland BlvdShepherdsville, KY 40165
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Old Harbor Apartments
2 Bedroom Apartments

Old Harbor Apartments

186 Bay StShepherdsville, KY 40165
  • Utilities Included

South Louisville, Louisville, KY Local Guide

Cheapest Available South Louisville Apartments for Rent

 

The cheapest available apartment rental in the South Louisville area of Louisville, KY is a 1 Bed unit found at The Crossings at South Park priced from $468. Iroquois Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable South Louisville apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Crossings at South Park1x11BR,1BA$468
Iroquois Green1 Bedroom - With Balcony1BR,1BA$735
Lower Hunters Trace3x23BR,2BA$752
Heritage Green ApartmentsThe Single1BR,1BA$754
Southwood1 Bed, 1 bath1BR,1BA$799
Parkridge Pointe1 Bedroom1BR,1BA$800
Bayshore TownhomesThe Luna - Cozy One Bedroom Townhome1BR,1BA$825
Miller Manor Apartments1 Bed1BR,1BA$850

Best Value Apartments for Rent in South Louisville, KY

As of June 28, 2025 the best value apartment in the South Louisville area is the $1.03 price per square foot 2 Beds, 2 baths Model at The Landing in the in the South Louisville neighborhood starting from $1,129. The second greatest value South Louisville apartment is the 833 Valley College Dr Model at 833 Valley College Dr, Unit #12 starting at $1,200 with a $1.14 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for South Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Landing2 Beds, 2 baths2BR,2BA$1.03
833 Valley College Dr, Unit #12833 Valley College Dr2BR,1.5BA$1.14
5600 Chariot Run Dr, Unit Chariot Run Apts5600 Chariot Run Dr2BR,2BA$1.17
Miller Manor Apartments2 Bed2BR,1BA$1.11
Austin Park Apartments1 Bedroom, 1 Bathroom Extended1BR,1BA$0.99
3104-3112 Springfield Dr2 Bedroom2BR,1BA$1.11
Newberry ParcOne Bedroom1BR,1BA$1.02
1623 Brick Kiln Ln, Unit 31623 Brick Kiln Ln2BR,1BA$1.00
The Crossings at South Park1x11BR,1BA$0.62
1625 Brick Kiln Ln, Unit 21625 Brick Kiln Ln2BR,1BA$1.03

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Louisville, Louisville, KY

Ranked #18

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Southwest Louisville. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the South Louisville Neighborhood in Louisville, KY

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap South Louisville Apartments

What is the price of a cheap apartment in South Louisville?

The cheapest apartment in South Louisville is The Crossings at South Park which is listed at $468, while the average apartment in South Louisville costs $1,737.

What types of apartments are the cheapest in South Louisville?

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 15 regular apartments in South Louisville 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 South Louisville?

Cheap apartments in South Louisville have an average cost of $275 which is $1,462 cheaper than the average rent for all rentals in South Louisville.

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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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.

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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.