5312 Milner Rd
LouisvilleKY40216
Cheap Homes for Rent in the South Louisville Neighborhood of Louisville, KY from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the South Louisville area of Louisville.
5104 Malibu Ct
LouisvilleKY40216
717 Brook Park Dr
LouisvilleKY40214
close
View Me
$900Studio Apartments Available Now
6666 Sylvania Rd, Unit 6
6666 Sylvania RdLouisville, KY 40258
10404 Greentree Ln
LouisvilleKY40272
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.
close
View Me
$9502 Bedroom Apartments Available Now
3204 Fordhaven Rd, Unit 3
3204 Fordhaven RdLouisville, KY 40214
close
View Me
$9502 Bedroom Apartments Available Now
3204 Fordhaven Rd, Unit 1
3204 Fordhaven RdLouisville, KY 40214
close
View Me
$1,0102 Bedroom Apartments Available Now
9643 Lamborne Blvd, Unit 1
9643 Lamborne BlvdLouisville, KY 40272
6308 S 3rd St
LouisvilleKY40214
1610 Brick Kiln Ln
LouisvilleKY40216
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.
1612 Brick Kiln Ln
LouisvilleKY40216
1608 Brick Kiln Ln
LouisvilleKY40216
4900 Invicta Dr
LouisvilleKY40216
1602 Brick Kiln Ln
LouisvilleKY40216
6101 Morning Glory Ln
LouisvilleKY40258
Cash 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.
3501 Bennett Ln
LouisvilleKY40219
7528 Garrison Rd
LouisvilleKY40214
Showing Results 1-17, Page 1 of 1
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 | $1,145 | $795 | $1,650 |
| South Louisville 3 Bedroom Homes for Rent | $1,654 | $1,100 | $2,285 |
| South Louisville 4 Bedroom Homes for Rent | $1,961 | $1,399 | $2,445 |
| South Louisville 5 Bedroom Homes for Rent | $2,020 | $2,020 | $2,020 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the South Louisville Neighborhood of Louisville, KY.
Explore Louisville
South Louisville, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 5310-5312 Milner Rd priced from $550. 5302 Milner Rd has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here are the most affordable South Louisville apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5310-5312 Milner Rd | 0 Beds, 1 Baths | Studio,1BA | $550 |
| 5302 Milner Rd | 0 Beds, 1 Baths | Studio,1BA | $550 |
| Lower Hunters Trace | 3 Bedroom | 3BR,2BA | $673 |
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $749 |
| New Cut Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
Best Value Apartments for Rent in South Louisville, KY
As of July 08, 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 $1,110 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 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 | $1.07 |
| Miller Manor Apartments | 2 Bed | 2BR,1BA | $1.11 |
| 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 |
| The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
| New Cut Apartments | 1BR/1.0BA | 1BR,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.
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.
Let everyone know!
Do you know the South Louisville area?
If you’re an expert on all things South Louisville, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouth Louisville, Louisville, KY
Ranked #23
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 390 Apartments for Rent in South Louisville, KY with pricing that ranges from $550 to $2,330. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Louisville ranging from $550 to $2,445.
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 $2,445 with an average monthly rent of $1,400.
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.
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.
Articles, How-To's, and Tips
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.