
Cheap Apartments for Rent in the Watterson Park Neighborhood of Louisville, KY from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Watterson Park area of Louisville.


Woodsmill Apartments

Addison Park Apartments

3409 Prestwood Dr

Icon Apartments

Royal Arms of Louisville

Preston Oaks
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.

1431 Nightingale Rd

Village Park Apartments

Turtle Creek Apartments

Heather House

Colony
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Harrison | Marc

3122 Chinquapin Ln

3203 Chinquapin Ln

3164 Chinquapin Ln

3132 Chinquapin Ln

3100 Chinquapin Ln

4301 Wooded Way

Maple Valley Apartments

The Lux Townhomes
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Watterson Park, Louisville, KY Local Guide

How much does it cost to rent an apartment in Watterson Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Watterson Park Studio Apartments | $514 | $200 | $829 |
Watterson Park 1 Bedroom Apartments | $1,242 | $695 | $1,825 |
Watterson Park 2 Bedroom Apartments | $1,462 | $795 | $2,735 |
Watterson Park 3 Bedroom Apartments | $1,729 | $1,135 | $4,374 |
Watterson Park 4 Bedroom Apartments | $1,799 | $1,699 | $1,899 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Watterson Park Neighborhood of Louisville, KY.
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Watterson Park, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
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Cheapest Available Watterson Park Apartments for Rent
 The cheapest available apartment rental in the Watterson Park area of Louisville, KY is a 2 Beds unit found at Addison Park Apartments priced from $836. Royal Arms of Louisville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Watterson Park apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Addison Park Apartments | Two Bed One Bath | 2BR,1BA | $836 |
Royal Arms of Louisville | 1x1 | 1BR,1BA | $850 |
Meadow Creek | Meadow Creek Apartments | 1BR,1BA | $865 |
Heather House | 1 Bedroom | 1BR,1BA | $889 |
Turtle Creek Apartments | 1 Bed, 1 bath | 1BR,1BA | $889 |
Village Park Apartments | 1 BR 480sqft | 1BR,1BA | $889 |
Colony | 1 Bed, 1 bath | 1BR,1BA | $899 |
The Harrison | Marc | Marc 1 Bedroom 1 Bathroom 542 | 1BR,1BA | $949 |
Preston Oaks | Thoroughbred | 2BR,1BA | $959 |
Icon Apartments | 1 Bed 1 Bath | 1BR,1BA | $980 |
Best Value Apartments for Rent in Watterson Park, KY
As of July 04, 2025 the best value apartment in the Watterson Park area is the $1.02 price per square foot Three Bed Two Bath Model at Addison Park Apartments in the in the Hayfield Dundee neighborhood starting from $1,326. The second greatest value Watterson Park apartment is the The Devin - Spacious Three Bedroom Townhome Model at The Lux Townhomes starting at $1,545 with a $1.29 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Watterson Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Addison Park Apartments | Three Bed Two Bath | 3BR,2BA | $1.02 |
The Lux Townhomes | The Devin - Spacious Three Bedroom Townhome | 3BR,1.5BA | $1.29 |
Eleven Oaks Apartments | Eleven Oaks - 3 Bedroom Townhouse | 3BR,1BA | $1.04 |
The Hemingway | 2 Bedroom One Bathroom | 2BR,1BA | $1.20 |
Maple Valley Apartments | Maple Valley 2 Bedroom | 2BR,1BA | $1.22 |
Turtle Creek Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.11 |
Ventana | One Bedroom | One Bathroom | 750 Square Feet B | 1BR,1BA | $1.33 |
Icon Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
Meadow Creek | Meadow Creek Apartments | 1BR,1BA | $1.28 |
Royal Arms of Louisville | 1x1 | 1BR,1BA | $1.31 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleWatterson Park, Louisville, KY
Ranked #81
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Louisville. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places to raise kids, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Watterson Park Neighborhood in Louisville, KY
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
3 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Watterson Park Apartments
How much is rent for a Cheap One Bedroom Watterson Park Apartment?
The lowest price for a Cheap One Bedroom Watterson Park Apartment is $850 at Royal Arms of Louisville.
What is the lowest price for a Cheap Two Bedroom Watterson Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Watterson Park is starting from $836 at Addison Park Apartments.
What is the most affordable Watterson Park Three Bedroom Apartment?
The best deal on a cheap Watterson Park Three Bedroom Apartment rental is at Eleven Oaks Apartments and starts from $1,135.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.