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Rent Specials
$899 - $1,0851 to 2 Bedroom Apartments Available Now
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
Cheap Apartments for Rent in the University Neighborhood of Louisville, KY from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Louisville.
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Studio Apartments
213 W Hill St
213 W Hill StLouisville, KY 40208
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1 Bedroom Apartments
The Reynolds Lofts
2520 S 3rd StLouisville, KY 40208
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2 to 3 Bedroom Apartments
Old Louisville - 1500 S 2nd St
1500 S 2nd StLouisville, KY 40208
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1 to 3 Bedroom Apartments
1524 S 4th St
1524 S 4th StLouisville, KY 40208
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1 to 2 Bedroom Apartments
1468 S 4th St
1468 S 4th StLouisville, KY 40208
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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1 to 3 Bedroom Apartments
1718 S 4th St
1718 S 4th StLouisville, KY 40208
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1 Bedroom Apartments
431 Kensington Ct
431 Kensington CtLouisville, KY 40208
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1 to 3 Bedroom Apartments
417 Kensington Ct
417 Kensington CtLouisville, KY 40208
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Studio Apartments
1525-1541 S 4th St
1525-1541 S 4th StLouisville, KY 40208
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1 to 3 Bedroom Apartments
217-223 W Hill St
217-223 W Hill StLouisville, KY 40208
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1 to 2 Bedroom Apartments
1705 4th St
1705 4th StLouisville, KY 40208
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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2 Bedroom Apartments
1481 S 3rd St
1481 S 3rd StLouisville, KY 40208
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1 to 2 Bedroom Apartments
416 Belgravia Ct
416 Belgravia CtLouisville, KY 40208
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Studio Apartments
1530 S 3rd St
1530 S 3rd StLouisville, KY 40208
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1 to 2 Bedroom Apartments
Annex of Station House Square Apartments
1733 S Third StLouisville, KY 40208
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1 to 2 Bedroom Apartments
1460 2nd St
1460 2nd StLouisville, KY 40208
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Studio to 2 Bedroom Apartments
Station House Apartments
1509 S 6th StLouisville, KY 40208
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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Studio to 1 Bedroom Apartments
Old School Apartments
422 Heywood AveLouisville, KY 40208
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2 Bedroom Apartments
Wellesley Townhouses
1600 S 2nd StLouisville, KY 40208
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Studio to 4 Bedroom Apartments
Cardinal Towne
325 W Cardinal BlvdLouisville, KY 40208
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1 Bedroom Apartments
The Belknap Apartments
1521 S 3rd StLouisville, KY 40208
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2 Bedroom Apartments
1720 S 2nd St
1720 S 2nd StLouisville, KY 40208
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3 Bedroom Apartments
1524-1530 S 2nd St
1524-1530 S 2nd StLouisville, KY 40208
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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1 Bedroom Apartments
Reeser Court
1600 S 4th StLouisville, KY 40208
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2 to 3 Bedroom Apartments
Walden Apartments
1726 S 2nd StLouisville, KY 40208
Showing Results 1-26, Page 1 of 1
University, Louisville, KY Local Guide
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 1 Bedroom Apartments | $1,052 | $875 | $1,211 |
| University 2 Bedroom Apartments | $944 | $811 | $1,200 |
| University 3 Bedroom Apartments | $707 | $707 | $707 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the University Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
University, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
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Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Louisville, KY is a 1 Bed unit found at Cardinal Village Apartments priced from $899. Trifecta has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,131. Here are the most affordable University apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $899 |
| Trifecta | A1 | 1BR,1BA | $1,131 |
| Station House Apartments | The Ladder | 2BR,2BA | $1,250 |
Best Value Apartments for Rent in University, KY
As of May 24, 2026 the best value apartment in the University area is the $1.01 price per square foot 2 Bed - 2 Bath Model at The Province (KY) in the in the Phoenix Hill neighborhood starting from $899. The second greatest value University apartment is the The Captain Model at Station House Apartments starting at $1,250 with a $1.58 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Station House Apartments | The Captain | 2BR,2BA | $1.58 |
| 216 W Burnett Ave, Unit 226B | 216 W Burnett Ave | 2BR,1BA | $1.35 |
| Cardinal Village Apartments | 1x1 2nd/3rd Rehab W/D | 1BR,1BA | $1.72 |
| Trifecta | A1 | 1BR,1BA | $2.20 |
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
Read ArticleReal 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.
Read ArticleQuick 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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Best Local Schools in University, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap University Apartments
What is the price of a cheap apartment in University?
The cheapest apartment in University is Cardinal Village Apartments which is listed at $899, while the average apartment in University costs $989.
What types of apartments are the cheapest in University?
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 21 regular apartments in University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
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.
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
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.
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.
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.
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.