
Cheap Apartments for Rent in the South Louisville Neighborhood of Louisville, KY from $400 (101 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Louisville area of Louisville.


Southwood

Iroquois Green

4904 Saddlebrook Ln

Yvonne Apartments

Preston Oaks

Total Monthly Price
4700 Walnut Grove Ave

4700 Walnut Grove Ave

1716 Bonnyville Blvd

Indigo at the Park
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.

12513 E Orell Rd

Parkridge Pointe

Bridlewood Crossing

5113 Valiant Drive, Unit 4, Unit 4

Heritage Green Apartments

Patriot Crossing

Bayshore Townhomes

Newberry Parc

Greenwood Place Apartments

2516 Pennacook Rd
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.

7415 Judy Ave

3105 Fordhaven Rd

Walnut Grove

Renaissance St. Andrews

The San Jose Court Apartment Community

3217 Fordhaven Rd

Tanglewood Apartments

The Madison

Maple Run Apartments

1623 Brick Kiln Ln
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.

St Anthony Gardens

Woods Of Glen Hill Manor

3154 Chinquapin Ln

3100 Chinquapin Ln

3203 Chinquapin Ln

Beechmont Townhomes

Pennacook Pointe

Auburndale Apartments

The Edwin

The Kensington of Louisville
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

Paddocks at Ridge Park

7417 Garrison Rd

Finish Line Apartments

The Stratton

6701 Crawford Crossing Pl

Total Monthly Price
11315 Breeze Cir

Total Monthly Price
6807 West Pages Lane

Total Monthly Price
5600 Chariot Run Dr, Unit Chariot Run Apts, Unit Chariot Run Apts

Feyhurst Apartments

South Oaks Senior Housing
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.
South Louisville, Louisville, KY Local Guide

How much does it cost to rent an apartment in South Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Louisville Studio Apartments | $1,194 | $899 | $1,679 |
| South Louisville 1 Bedroom Apartments | $1,012 | $749 | $1,350 |
| South Louisville 2 Bedroom Apartments | $1,271 | $573 | $2,197 |
| South Louisville 3 Bedroom Apartments | $1,761 | $920 | $2,330 |
Browse Apartments in this Neighborhood
There are currently 101 rentals with your search options within a 2 mile radius of the South Louisville Neighborhood of Louisville, KY.
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South Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available South Louisville Apartments for Rent
 The cheapest available apartment rental in the South Louisville area of Louisville, KY is a 2 Beds unit found at Crossings at Mill Creek priced from $573. Southwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here are the most affordable South Louisville apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossings at Mill Creek | 2 Bedroom | 2BR,2BA | $573 |
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $749 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| Yvonne Apartments | 1BR/1BA | 1BR,1BA | $795 |
| Preston Oaks | Thoroughbred | 2BR,1BA | $799 |
| Indigo at the Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $800 |
| Parkridge Pointe | 1 Bedroom | 1BR,1BA | $800 |
| Bridlewood Crossing | 2 Bedroom | 2BR,1BA | $820 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
Best Value Apartments for Rent in South Louisville, KY
As of April 26, 2026 the best value apartment in the South Louisville area is the $0.89 price per square foot 2 Bedroom, 2 Bathroom Extended Model at Hunters Run in the in the South Louisville neighborhood starting from $1,125. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hunters Run | 2 Bedroom, 2 Bathroom Extended | 2BR,2BA | $0.89 |
| 833 Valley College Dr, Unit #12 | 833 Valley College Dr | 2BR,1.5BA | $1.14 |
| Park Place Apartments | 2 Bed 1.5 Bath Classic - TH2 | 2BR,1.5BA | $1.16 |
| Pennacook Pointe | 2 Bedroom | 2BR,1BA | $1.00 |
| Austin Park Apartments | 1 Bedroom, 1 Bathroom Extended | 1BR,1BA | $1.08 |
| Newberry Parc | One Bedroom | 1BR,1BA | $0.98 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $1.07 |
| The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
| 4700 Walnut Grove Ave | 4700 Walnut Grove Ave | 2BR,1BA | $1.00 |
| Indigo at the Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Louisville, Louisville, KY
Ranked #35
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Louisville, Louisville, KY
School data provided by Great Schools
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!
Frequently Asked Questions about Cheap South Louisville Apartments
What is the Cheapest Studio apartment in South Louisville?
Currently the most affordable Cheap Studio Apartment in South Louisville is at Tanglewood Apartments listed at $899.
How much is rent for a Cheap One Bedroom South Louisville Apartment?
The lowest price for a Cheap One Bedroom South Louisville Apartment is $749 at Southwood.
What is the lowest price for a Cheap Two Bedroom South Louisville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Louisville is starting from $573 at Crossings at Mill Creek.
What is the most affordable South Louisville Three Bedroom Apartment?
The best deal on a cheap South Louisville Three Bedroom Apartment rental is at Preston Oaks and starts from $920.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.