Cheap Apartments for Rent in the South Side Neighborhood of Louisville, KY from $500 (106 Rentals)

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

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.

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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.

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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.

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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.

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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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South Side, Louisville, KY Local Guide

Cheapest Available South Side Apartments for Rent

 

The cheapest available apartment rental in the South Side area of Louisville, KY is a Studio unit found at Serenity Court Apartments priced from $741. Cumberland Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable South Side apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Serenity Court ApartmentsEfficiencyStudio,1BA$741
Cumberland Apartments1 Bed, 1 bath1BR,1BA$799
Bardstown ForestStudioStudio,1BA$811
AshgroveStudioStudio,1BA$835
Eleven Oaks Apartments1B/1BA1BR,1BA$837
Breckinridge Park ApartmentsThe Taylorsville1BR,1BA$855
Hillview Woods Apartments1 + 11BR,1BA$860
Vines at Stony Brook1 x 11BR,1BA$870
Falcon Crest Apartments1.11BR,1BA$899
Park At Hurstbourne2 Bedroom 1.5 Bath2BR,1BA$900

Best Value Apartments for Rent in South Side, KY

As of June 08, 2026 the best value apartment in the South Side area is the $0.96 price per square foot 3 Bedroom 2 Bathroom with Office Model at Cooper Creek in the in the Highview neighborhood starting from $1,699. The second greatest value South Side apartment is the 2 Bedroom | 2 Bath Model at Tanyard Park starting at $1,188 with a $1.00 price per square foot in the South Side neighborhood. Here is today’s list of the best values for South Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cooper Creek3 Bedroom 2 Bathroom with Office3BR,2BA$0.96
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$1.00
Jefferson CrossingsTwo Bedroom2BR,2BA$1.13
Willow Place ApartmentsTwo bedroom2BR,1BA$0.93
Woodgate Apartments2 Bedroom, 1 Bath2BR,1BA$1.03
Tanglewood Apartments2x12BR,1BA$1.17
Bonaventure2 Beds, 1 Bath w Fireplace2BR,1BA$1.12
Hillview Woods Apartments1 + 11BR,1BA$1.00
Serenity Court Apartments2 Bedroom2BR,1BA$1.08
Avery1 Bedroom 1 Bath1BR,1BA$1.18

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

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 Side, Louisville, KY

Ranked #7

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 Side, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Kentucky and customized analysis for Southern Louisville, KY. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Side Apartments

What is the Cheapest Studio apartment in South Side?

Currently the most affordable Cheap Studio Apartment in South Side is at Serenity Court Apartments listed at $741.

How much is rent for a Cheap One Bedroom South Side Apartment?

The lowest price for a Cheap One Bedroom South Side Apartment is $799 at Cumberland Apartments.

What is the lowest price for a Cheap Two Bedroom South Side Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Side is starting from $900 at Park At Hurstbourne.

What is the most affordable South Side Three Bedroom Apartment?

The best deal on a cheap South Side Three Bedroom Apartment rental is at Park At Hurstbourne and starts from $1,200.

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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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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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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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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.