Cheap Apartments for Rent in the Southland Park Neighborhood of Louisville, KY from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southland Park 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.

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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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Glen Hollow Apartments
1 to 2 Bedroom Apartments

Glen Hollow Apartments

800 Glen Hollow DrLouisville, KY 40214
  • Utilities Included
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Meadowood Apartments
2 Bedroom Apartments

Meadowood Apartments

304 Meadowood CtLouisville, KY 40214
  • Utilities Included

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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Colonial Oaks
1 to 2 Bedroom Apartments

Colonial Oaks

5011 Southside DrLouisville, KY 40214
  • Utilities Included
Showing Results 1-23, Page 1 of 1

Southland Park, Louisville, KY Local Guide

Cheapest Available Southland Park Apartments for Rent

 

The cheapest available apartment rental in the Southland Park area of Louisville, KY is a 2 Beds unit found at Crossings at Mill Creek priced from $573. Southwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here are the most affordable Southland Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Crossings at Mill Creek2 Bedroom2BR,2BA$573
Southwood1 Bed, 1 bath1BR,1BA$749
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Yvonne Apartments1BR/1BA1BR,1BA$795
Maple Run Apartments1 Bed/1 Bath1BR,1BA$800

Best Value Apartments for Rent in Southland Park, KY

As of April 19, 2026 the best value apartment in the Southland Park area is the $0.52 price per square foot 2 Bedroom Model at Crossings at Mill Creek in the in the Jacobs neighborhood starting from $573. The second greatest value Southland Park apartment is the 2 Bedroom Model at Pennacook Pointe starting at $995 with a $1.00 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Southland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crossings at Mill Creek2 Bedroom2BR,2BA$0.52
Pennacook Pointe2 Bedroom2BR,1BA$1.00
Overlook Terraces2 Bedroom2BR,2BA$1.23
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
The Kensington of LouisvilleCozy Two Bedroom Apartment Home with Washer/Dry...2BR,1BA$1.21
Patriot Crossing2 Bedroom 1 Bath2BR,1BA$1.18
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$1.07
218 W Florence Ave, Unit 2218 W Florence Ave1BR,1BA$1.23
Yvonne Apartments1BR/1BA1BR,1BA$1.22
Iroquois Green1 Bedroom - Garden Level1BR,1BA$1.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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
Southland Park, Louisville, KY

Ranked #111

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Southland Park Apartments

What is the price of a cheap apartment in Southland Park?

The cheapest apartment in Southland Park is Southwood which is listed at $749, while the average apartment in Southland Park costs $1,299.

What types of apartments are the cheapest in Southland Park?

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 54 regular apartments in Southland Park 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 Southland Park?

Cheap apartments in Southland Park have an average cost of $422 which is $877 cheaper than the average rent for all rentals in Southland Park.

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.

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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.

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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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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.

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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.