Cheap Homes for Rent in South Side Neighborhood of Louisville, KY from $700 (16 Rentals)

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Search the lowest-cost Homes 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.

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.

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.

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
Park At Hurstbourne1 Bedroom 1 Bath - StudioStudio,1BA$800
Preston OaksThoroughbred2BR,1BA$829
AshgroveStudioStudio,1BA$835

Best Value Apartments for Rent in South Side, KY

As of May 19, 2026 the best value apartment in the South Side area is the $1.01 price per square foot 2 + 2 Model at Hillview Woods Apartments in the in the South Side neighborhood starting from $1,250. The second greatest value South Side apartment is the 2B Model at The Willard at Preston Crossing starting at $1,389 with a $1.14 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.
Hillview Woods Apartments2 + 22BR,2BA$1.01
The Willard at Preston Crossing2B2BR,2BA$1.14
Jefferson Green3 Bedroom3BR,2BA$1.18
Avalon Springs ApartmentsB12BR,2BA$1.19
Woodgate Apartments2 Bedroom, 1 Bath2BR,1BA$1.03
Jefferson CrossingsT200wo Bedroom2BR,1BA$1.20
Serenity Court Apartments2 Bedroom2BR,1BA$1.08
Avery1 Bedroom 1 Bath1BR,1BA$1.18
Whitley1 Bedroom1BR,1BA$1.18
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 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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Frequently Asked Questions about South Side

What type of rentals are currently available in South Side?

There are currently 238 Apartments for Rent in South Side, KY with pricing that ranges from $685 to $2,691. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Side ranging from $799 to $2,800.

What is the current price range for Rental Homes in South Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Side ranges from $799 to $2,800 with an average monthly rent of $1,897.

How much are larger Three and Four Bedroom Rentals in South Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Side range from $920 to $2,679, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,810.

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.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.