5312 Milner Rd
LouisvilleKY40216
Cheap Homes for Rent in South Louisville Neighborhood of Louisville, KY from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Louisville area of Louisville.
4806 Saddlebrook Ln
LouisvilleKY40216
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.
1603 Gagel Ave
LouisvilleKY40216
902 Sinclair St
LouisvilleKY40118
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.
5100 Valiant Dr
LouisvilleKY40216
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South Louisville, Louisville, KY Local Guide
How much does it cost to rent a home in South Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Louisville 2 Bedroom Homes for Rent | $1,216 | $799 | $1,650 |
| South Louisville 3 Bedroom Homes for Rent | $1,665 | $1,195 | $2,310 |
| South Louisville 4 Bedroom Homes for Rent | $1,895 | $1,399 | $2,380 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 1 Bed unit found at Southwood priced from $749. Iroquois Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable South Louisville apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $749 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| Yvonne Apartments | 1BR/1BA | 1BR,1BA | $795 |
Best Value Apartments for Rent in South Louisville, KY
As of May 24, 2026 the best value apartment in the South Louisville area is the $0.92 price per square foot 2 Bedroom, 2 Bathroom Model at Hunters Run in the in the South Louisville neighborhood starting from $1,065. The second greatest value South Louisville apartment is the The Paddock Model at Finish Line Apartments starting at $1,095 with a $1.06 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 | 2BR,2BA | $0.92 |
| Finish Line Apartments | The Paddock | 2BR,2BA | $1.06 |
| 5600 Chariot Run Dr, Unit Chariot Run Apts | 5600 Chariot Run Dr | 2BR,2BA | $1.07 |
| Pennacook Pointe | 2 Bedroom | 2BR,1BA | $1.00 |
| 4700 Walnut Grove Ave, Unit 1 | 4700 Walnut Grove Ave | 2BR,1BA | $0.89 |
| Newberry Parc | One Bedroom | 1BR,1BA | $1.01 |
| Greenwood Place Apartments | 1+1 | 1BR,1BA | $0.98 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $1.07 |
| The Kensington of Louisville | KYKST 2x1 825sqft - W/D Included | 2BR,1BA | $1.03 |
| Indigo at the Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.07 |
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.
Read Article
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
Read ArticleReal 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.
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.
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Pet Friendly LifestyleSouth Louisville, Louisville, KY
Ranked #28
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
Frequently Asked Questions about South Louisville
What type of rentals are currently available in South Louisville?
There are currently 388 Apartments for Rent in South Louisville, KY with pricing that ranges from $749 to $2,757. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Louisville ranging from $550 to $2,380.
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 $550 to $2,380 with an average monthly rent of $1,258.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.