Cheap Apartments for Rent in the South Side Neighborhood of Louisville, KY from $500 (71 Rentals)

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

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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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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
  • Utilities Included
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Westminster Apartments
1 to 2 Bedroom Apartments

Westminster Apartments

2116 Buechel Bank RdLouisville, KY 40218
Senior Living
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 $779. 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$779
RoanokeStudio One Bath OpenStudio,1BA$835
AshgroveStudioStudio,1BA$835
Breckinridge Park ApartmentsThe Bowman1BR,1BA$840
Bardstown ForestStudioStudio,1BA$850
Park At Hurstbourne1 Bedroom 1 Bath - StudioStudio,1BA$850
Preston OaksMustang1BR,1BA$859
Vines at Stony Brook1 x 11BR,1BA$870
Pebble CreekOne Bedroom - Regular1BR,1BA$894

Best Value Apartments for Rent in South Side, KY

As of March 06, 2026 the best value apartment in the South Side area is the $1.14 price per square foot B2 Model at Avalon Springs Apartments in the in the Fern Creek neighborhood starting from $1,483. The second greatest value South Side apartment is the 3 Bedroom Model at Jefferson Green starting at $1,398 with a $1.18 price per square foot in the Edgewood 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.
Avalon Springs ApartmentsB22BR,2.5BA$1.14
Jefferson Green3 Bedroom3BR,2BA$1.18
Whitley3 Bedroom3BR,1BA$1.20
Avery2 Bedroom 2 Bath2BR,2BA$1.14
Maple Valley Apartmentsmaple valley 3bd3BR,1BA$1.15
Woodgate Apartments2 Bedroom, 1 Bath2BR,1BA$1.03
Bonaventure2 Beds, 1 Bath w Fireplace2BR,1BA$1.12
Cedar Springs Apartments1+11BR,1BA$1.14
Serenity Court Apartments2 Bedroom2BR,1BA$1.08
Falcon Crest Apartments1.11BR,1BA$1.19

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 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.

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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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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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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 #10

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 a cheap apartment in South Side?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Side is under $894.

What is the price of a cheap apartment in South Side?

The cheapest apartment in South Side is Cumberland Apartments which is listed at $779, while the average apartment in South Side costs $1,600.

What types of apartments are the cheapest in South Side?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in South Side that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Side?

Cheap apartments in South Side have an average cost of $128 which is $1,472 cheaper than the average rent for all rentals in South Side.

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.

Articles, How-To's, and Tips

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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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.