Cheap Apartments for Rent in the South Side Neighborhood of Louisville, KY from $500 (34 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.

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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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
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Westminster Apartments
1 to 2 Bedroom Apartments

Westminster Apartments

2116 Buechel Bank RdLouisville, KY 40218
Senior Living
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Tymberwood Trace
1 to 2 Bedroom Apartments

Tymberwood Trace

7500 Beechview WayLouisville, KY 40219

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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Valore At The Maples
1 to 2 Bedroom Apartments

Valore At The Maples

7500 Dunwoody CtLouisville, KY 40219
Corporate Housing
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Flats at Bardstown
1 to 3 Bedroom Apartments

Flats at Bardstown

2100 Buechel Bank RdLouisville, KY 40218
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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
  • Utilities Included
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Oak Run Apartments
2 Bedroom Apartments

Oak Run Apartments

763 McCawley RdLouisville, KY 40219
  • 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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Dunwoody Court
1 to 2 Bedroom Apartments

Dunwoody Court

7510 Dunwoody CtOkolona, KY 40219
  • Utilities Included

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. Park At Hurstbourne has the second lowest priced unit, which is a Studio apartment currently listed from $770. Here are the most affordable South Side apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Serenity Court ApartmentsEfficiencyStudio,1BA$741
Park At HurstbourneStudioStudio,1BA$770
Cumberland Apartments1 Bed, 1 bath1BR,1BA$779
Bardstown ForestStudioStudio,1BA$815
AshgroveStudioStudio,1BA$835
Breckinridge Park ApartmentsThe Bowman1BR,1BA$840
Preston OaksMustang1BR,1BA$859
Vines at Stony Brook1 x 11BR,1BA$875
Pebble CreekOne Bedroom - Regular1BR,1BA$894
Falcon Crest Apartments1.11BR,1BA$899

Best Value Apartments for Rent in South Side, KY

As of January 19, 2026 the best value apartment in the South Side area is the $1.18 price per square foot 3 Bedroom Model at Jefferson Green in the in the Edgewood neighborhood starting from $1,398. The second greatest value South Side apartment is the B1 Model at Avalon Springs Apartments starting at $1,351 with a $1.15 price per square foot in the Fern Creek 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.
Jefferson Green3 Bedroom3BR,2BA$1.18
Avalon Springs ApartmentsB12BR,2BA$1.15
Tanyard Park1 Bedroom | 1 Bath1BR,1BA$1.13
Whitley2 Bedroom2BR,1BA$1.17
Maple Valley Apartmentsmaple valley 3bd3BR,1BA$1.18
Woodgate Apartments2 Bedroom, 1 Bath2BR,1BA$1.03
Bonaventure2 Beds, 1 Bath w Fireplace2BR,1BA$1.08
Serenity Court Apartments2 Bedroom2BR,1BA$1.08
Avery1 Bedroom 1 Bath1BR,1BA$1.18
Preston GardensBellflower1BR,1BA$1.09

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 #12

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $899.

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 26 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 $120 which is $1,429 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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.