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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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 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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Cedar Springs Apartments
Studio to 3 Bedroom Apartments

Cedar Springs Apartments

9205 Cedar Springs PlzLouisville, KY 40291
  • Utilities Included
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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

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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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 1 Bed unit found at Cumberland Apartments priced from $779. Park At Hurstbourne has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here are the most affordable South Side apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Cumberland Apartments1 Bed, 1 bath1BR,1BA$779
Park At Hurstbourne1 Bedroom 1 Bath - StudioStudio,1BA$780
Bardstown ForestStudioStudio,1BA$815
Off of Preston Hwy Affordable 1 bed/1 bath apartments off1BR/1.0BA1BR,1BA$825
Flats at Bardstown1x1-301BR,1BA$834
Breckinridge Park ApartmentsThe Bowman1BR,1BA$840
Serenity Court ApartmentsEfficiencyStudio,1BA$846
Affordable 1 bed/1 bath apartments off of Preston Hwy1BR/1.0BA1BR,1BA$850
Preston OaksMustang1BR,1BA$859
Vines at Stony Brook1 x 11BR,1BA$875

Best Value Apartments for Rent in South Side, KY

As of December 01, 2025 the best value apartment in the South Side area is the $1.19 price per square foot B1 Model at Avalon Springs Apartments in the in the Fern Creek neighborhood starting from $1,393. The second greatest value South Side apartment is the 2 Beds, 1 Bath w Fireplace Model at Bonaventure starting at $1,056 with a $1.08 price per square foot in the South Louisville 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 ApartmentsB12BR,2BA$1.19
Bonaventure2 Beds, 1 Bath w Fireplace2BR,1BA$1.08
Eleven Oaks ApartmentsEleven Oaks - 2 Bedroom Townhouse2BR,1BA$1.09
Avery1 Bedroom 1 Bath1BR,1BA$1.18
Chateau Royale Apartments2 bed 1 bath2BR,1BA$1.12
Preston GardensBellflower1BR,1BA$1.09
Affordable 1 bed/1 bath apartments off of Preston Hwy1BR/1.0BA1BR,1BA$1.10
Falcon Crest Apartments1x1 7581BR,1BA$1.19
Flats at Bardstown1x1-301BR,1BA$1.11
Off of Preston Hwy Affordable 1 bed/1 bath apartments off1BR/1.0BA1BR,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 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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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!

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 $875.

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 $1,549.

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 24 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 $138 which is $1,411 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.