close
View Me
$895 - $1,0501 to 2 Bedroom Apartments Available Now
The Belknap Apartments
1521 S 3rd StLouisville, KY 40208
Cheap Apartments for Rent in the University Neighborhood of Louisville, KY from $535 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Louisville.
close
View Me
Rent Specials
$899 - $1,0851 to 2 Bedroom Apartments Contact Us For Availability
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
close
View Me
$1,250
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
1460 S 2nd St, Unit 3
1460 S 2nd StLouisville, KY 40208
close
View Me
Studio Apartments
213 W Hill St
213 W Hill StLouisville, KY 40208
close
View Me
1 Bedroom Apartments
The Reynolds Lofts
2520 S 3rd StLouisville, KY 40208
close
View Me
2 to 3 Bedroom Apartments
Old Louisville - 1500 S 2nd St
1500 S 2nd StLouisville, KY 40208
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.
close
View Me
1 to 3 Bedroom Apartments
1524 S 4th St
1524 S 4th StLouisville, KY 40208
close
View Me
1 to 2 Bedroom Apartments
1468 S 4th St
1468 S 4th StLouisville, KY 40208
close
View Me
1 to 3 Bedroom Apartments
1718 S 4th St
1718 S 4th StLouisville, KY 40208
close
View Me
1 Bedroom Apartments
431 Kensington Ct
431 Kensington CtLouisville, KY 40208
close
View Me
1 to 3 Bedroom Apartments
417 Kensington Ct
417 Kensington CtLouisville, KY 40208
close
View Me
Studio Apartments
1525-1541 S 4th St
1525-1541 S 4th StLouisville, KY 40208
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
1 to 2 Bedroom Apartments
416 Belgravia Ct
416 Belgravia CtLouisville, KY 40208
close
View Me
1 to 3 Bedroom Apartments
217-223 W Hill St
217-223 W Hill StLouisville, KY 40208
close
View Me
1 to 2 Bedroom Apartments
1705 4th St
1705 4th StLouisville, KY 40208
close
View Me
2 Bedroom Apartments
1481 S 3rd St
1481 S 3rd StLouisville, KY 40208
close
View Me
1 to 2 Bedroom Apartments
Annex of Station House Square Apartments
1733 S Third StLouisville, KY 40208
close
View Me
1 to 2 Bedroom Apartments
1460 2nd St
1460 2nd StLouisville, KY 40208
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.
close
View Me
Studio Apartments
1530 S 3rd St
1530 S 3rd StLouisville, KY 40208
close
View Me
Studio to 2 Bedroom Apartments
Station House Apartments
1509 S 6th StLouisville, KY 40208
close
View Me
Studio to 1 Bedroom Apartments
Old School Apartments
422 Heywood AveLouisville, KY 40208
close
View Me
2 Bedroom Apartments
Wellesley Townhouses
1600 S 2nd StLouisville, KY 40208
close
View Me
Studio to 4 Bedroom Apartments
Cardinal Towne
325 W Cardinal BlvdLouisville, KY 40208
close
View Me
2 Bedroom Apartments
1720 S 2nd St
1720 S 2nd StLouisville, KY 40208
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
close
View Me
3 Bedroom Apartments
1524-1530 S 2nd St
1524-1530 S 2nd StLouisville, KY 40208
close
View Me
1 Bedroom Apartments
Reeser Court
1600 S 4th StLouisville, KY 40208
close
View Me
2 to 3 Bedroom Apartments
Walden Apartments
1726 S 2nd StLouisville, KY 40208
Showing Results 1-27, 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 | $1,026 | $725 | $1,275 |
| University 2 Bedroom Apartments | $1,066 | $827 | $1,495 |
| University 3 Bedroom Apartments | $769 | $723 | $909 |
| University 4 Bedroom Apartments | $889 | $869 | $919 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 27 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
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Louisville, KY is a 4 Beds unit found at Brexx at Louisville priced from $869. The Belknap Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable University apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brexx at Louisville | Stafford 4x4.5 | 4BR,4BA | $869 |
| The Belknap Apartments | 1BR/1.0BA | 1BR,1BA | $895 |
| 315 W Lee St | 3BR/1.0BA | 3BR,1BA | $1,325 |
Best Value Apartments for Rent in University, KY
As of August 23, 2026 the best value apartment in the University area is the $0.58 price per square foot 4x4 Model at The Nine in the in the Downtown Louisville neighborhood starting from $819. The second greatest value University apartment is the Birchmore 2x2 Model at Brexx at Louisville starting at $1,019 with a $0.80 price per square foot in the Downtown Louisville 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 Nine | 4x4 | 4BR,4BA | $0.58 |
| Brexx at Louisville | Birchmore 2x2 | 2BR,2BA | $0.80 |
| 1460 S 2nd St, Unit 3 | 1460 S 2nd St | 2BR,1BA | $1.56 |
| The Belknap Apartments | 1BR/1.0BA | 1BR,1BA | $1.28 |
| Trifecta | A2 | 1BR,1BA | $1.97 |
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.
Read Article
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 Article
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.
Let everyone know!
Do you know the University area?
If you’re an expert on all things University, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 The Belknap Apartments which is listed at $895, while the average apartment in University costs $909.
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 24 regular apartments in University 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 University?
Cheap apartments in University have an average cost of $792 which is $117 cheaper than the average rent for all rentals in University.
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
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.
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.
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.
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
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.