Cheap Homes for Rent in the South Louisville Neighborhood of Louisville, KY from $699 (17 Rentals)

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

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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.

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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.

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Showing Results 1-17, Page 1 of 1

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 Studio unit found at 5302 Milner Rd priced from $550. 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 ListingModel NameBed/BathPriced From
5302 Milner Rd0 Beds, 1 BathsStudio,1BA$550
Southwood1 Bed, 1 bath1BR,1BA$749
New Cut Apartments1BR/1.0BA1BR,1BA$750
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Yvonne Apartments1BR/1BA1BR,1BA$795

Best Value Apartments for Rent in South Louisville, KY

As of August 24, 2026 the best value apartment in the South Louisville area is the $0.97 price per square foot 3BR2BA-ADA Model at The Foundry in the in the South Louisville neighborhood starting from $1,184. The second greatest value South Louisville apartment is the 5600 Chariot Run Dr Model at 5600 Chariot Run Dr, Unit Chariot Run Apts starting at $1,100 with a $1.07 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 Foundry3BR2BA-ADA3BR,2BA$0.97
5600 Chariot Run Dr, Unit Chariot Run Apts5600 Chariot Run Dr2BR,2BA$1.07
3108 Springfield Dr2 Bedroom2BR,1BA$0.88
Radius West2 Bedroom 1 Bath - Luxury2BR,1BA$1.07
4700 Walnut Grove Ave, Unit 14700 Walnut Grove Ave2BR,1BA$0.86
Paddocks at Ridge Park2.12BR,1BA$1.06
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
6508 Hackel Dr2BR/1.0BA2BR,1BA$0.97
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
New Cut Apartments1BR/1.0BA1BR,1BA$0.97

Don'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.

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The 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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 #26

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Louisville, Louisville, KY

School data provided by Great Schools

Frequently Asked Questions about South Louisville

What type of rentals are currently available in South Louisville?

There are currently 403 Apartments for Rent in South Louisville, KY with pricing that ranges from $589 to $2,330. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Louisville ranging from $699 to $2,400.

What is the current price range for Rental Homes in South Louisville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Louisville ranges from $699 to $2,400 with an average monthly rent of $1,614.

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.

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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.

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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.

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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.

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.

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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.