Cheap Apartments for Rent in the Southland Park Neighborhood of Louisville, KY from $500 (2 Rentals)

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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Southland Park, Louisville, KY Local Guide

Best Value Apartments for Rent in Southland Park, KY

As of July 21, 2026 the best value apartment in the Southland Park area is the $1.00 price per square foot 175 Gillette Ave Model at 175 Gillette Ave, Unit 1 in the in the Downtown Louisville neighborhood starting from $1,000. The second greatest value Southland Park apartment is the 2 Bedroom Model at Overlook Terraces starting at $1,115 with a $1.23 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.
175 Gillette Ave, Unit 1175 Gillette Ave2BR,1BA$1.00
Overlook Terraces2 Bedroom2BR,2BA$1.23
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.29
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
The Kensington of LouisvilleKYKST 2x1 825sqft - W/D Included2BR,1BA$1.15
Patriot Crossing2 Bedroom 1 Bath2BR,1BA$1.26
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$1.20
Colonial Oaks Apartments1 Bed1BR,1BA$1.28
Yvonne Apartments1BR/1BA1BR,1BA$1.22
Iroquois Green1 Bedroom - Garden Level1BR,1BA$1.26

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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Pet Friendly Lifestyle
Southland Park, Louisville, KY

Ranked #93

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

Pet Friendliness Lifestyle Score

2.5
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 2 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 $144 which is $1,155 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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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

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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.

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.