Cheap Apartments for Rent in the South Side Neighborhood of Louisville, KY from $500 (70 Rentals)

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

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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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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Cedar Springs Apartments
Studio to 3 Bedroom Apartments

Cedar Springs Apartments

9205 Cedar Springs PlzLouisville, KY 40291
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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
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Louisville 53
Studio to 2 Bedroom Apartments

Louisville 53

1139 Minor LnLouisville, KY 40219

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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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 2 Beds unit found at Louisville 53 priced from $650. Serenity Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $741. Here are the most affordable South Side apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Louisville 532 bedroom, 1 bath2BR,1BA$650
Serenity Court ApartmentsEfficiencyStudio,1BA$741
The Lofts at Pinecroft1 bedroom, 1 bath2BR,1BA$795
Bardstown ForestStudioStudio,1BA$805
Cumberland Apartments1 Bed, 1 bath1BR,1BA$829
Preston OaksMustang1BR,1BA$859
Falcon Crest Apartments1x1 7581BR,1BA$899
Breckinridge Park ApartmentsThe Bowman1BR,1BA$900
Preston GardensBellflower1BR,1BA$925
The Stratton1 Bedroom One Bathroom1BR,1BA$949

Best Value Apartments for Rent in South Side, KY

As of June 19, 2025 the best value apartment in the South Side area is the $1.03 price per square foot 2 Bedroom | 2 Bath Model at Tanyard Park in the in the South Side neighborhood starting from $1,225. The second greatest value South Side apartment is the Eleven Oaks - 3 Bedroom Townhouse Model at Eleven Oaks Apartments starting at $1,135 with a $1.04 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.
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$1.03
Eleven Oaks ApartmentsEleven Oaks - 3 Bedroom Townhouse3BR,1BA$1.04
Lone Oak Meadows2 Bedroom 2 Bath2BR,2BA$1.13
Avery2 Bedroom 2 Bath2BR,2BA$1.14
309 Prairie Dr2 Bedroom2BR,1BA$1.08
Serenity Court Apartments2 Bedroom2BR,1BA$1.08
Preston GardensBellflower1BR,1BA$1.09
Vines at Stony Brook2 x 12BR,1BA$1.18
Falcon Crest Apartments1x1 7581BR,1BA$1.19
The Lofts at Pinecroft1 bedroom, 1 bath2BR,1BA$1.14

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Side, Louisville, KY

Ranked #3

Among neighborhoods in Louisville, KY 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!

Getting Around the South Side Neighborhood in Louisville, KY

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $949.

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

The cheapest apartment in South Side is Cumberland Apartments which is listed at $829, while the average apartment in South Side costs $2,287.

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 9 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 $227 which is $2,060 cheaper than the average rent for all rentals in South Side.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.