Cheap Apartments for Rent in the Watterson Park Neighborhood of Louisville, KY from $600 (44 Rentals)

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

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Preston Oaks
Rent Specials
$799 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$774 - $1,505
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Preston Oaks

1214 Gilmore LnLouisville, KY 40213
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Royal Arms of Louisville
$840 - $950
Total Monthly Price

Total Monthly Price

Base Rent
$591 - $701
Required Monthly Fees
$249
Total Monthly Price
$840 - $950
1 to 2 Bedroom Apartments Contact Us For Availability

Royal Arms of Louisville

1900 Bashford Manor LnLouisville, KY 40218
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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Icon Apartments
Rent Specials
$870 - $1,210
Total Monthly Price

Total Monthly Price

Base Rent
$779 - $1,119
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Icon Apartments

3201 Leith LnLouisville, KY 40218
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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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1445 Nightingale Rd, Unit 4
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
2 Bedroom Apartment Available Now

1445 Nightingale Rd, Unit 4

1445 Nightingale RdLouisville, KY 40213
Affordability
property at 5616 Lagoona Dr

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

3 Bedroom, 1 Bath Home for Rent

Available Now

5616 Lagoona Dr

LouisvilleKY40219

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.

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Creek Stone Village
1 to 2 Bedroom Apartments

Creek Stone Village

2007-2011 Terril LnLouisville, KY 40218
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Liverpool 2
1 Bedroom Apartments

Liverpool 2

2226 Liverpool LnLouisville, KY 40218
  • Utilities Included
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Linderhof Apartments
2 Bedroom Apartments

Linderhof Apartments

2003-2005 Terril LnLouisville, KY 40218
  • Utilities Included
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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • Utilities Included
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Bridge Creek Apartments
1 to 2 Bedroom Apartments

Bridge Creek Apartments

3304 Dukehart DrLouisville, KY 40218
  • Utilities Included
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Green Meadows
1 to 3 Bedroom Apartments

Green Meadows

3619-3609 Green Meadows DrLouisville, KY 40218
  • Utilities Included

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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Bon Air Apartments
1 to 2 Bedroom Apartments

Bon Air Apartments

3201 Commander DrLouisville, KY 40220
  • Utilities Included
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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
  • Utilities Included
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Meadow Creek Apartments
1 to 2 Bedroom Apartments

Meadow Creek Apartments

2006-2013 Goldsmith LnLouisville, KY 40218
  • Utilities Included
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Varra Bradel
1 Bedroom Apartments

Varra Bradel

1926 Peabody LnLouisville, KY 40218
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The Marc
1 to 3 Bedroom Apartments

The Marc

2308 Hikes LnLouisville, KY 40218
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Cleo I & II
3 Bedroom Apartments

Cleo I & II

1240-1314 Cleo AveLouisville, KY 40213
  • Smoke Free
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Woods of Bridgewood
2 Bedroom Apartments

Woods of Bridgewood

5405 Warwickshire DrLouisville, KY 40213
  • Utilities Included
Showing Results 1-44, Page 1 of 1

Watterson Park, Louisville, KY Local Guide

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 Preston Oaks priced from $799. Addison Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here are the most affordable Watterson Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Preston OaksThoroughbred2BR,1BA$799
Addison Park Apartments1 Bedroom 1 Bathroom1BR,1BA$854
Meadow Creek ApartmentsMeadow Creek Apartments - 1 bedroom/1 bath1BR,1BA$865
Turtle Creek Apartments1 Bed, 1 bath1BR,1BA$869
Colony1 Bed, 1 bath1BR,1BA$879
Village Park Apartments1 BR 480sqft1BR,1BA$899
Icon Apartments1 Bed 1 Bath1BR,1BA$899
Heather House1 Bedroom1BR,1BA$899
1417 Nightingale Rd1BR/1.0BA1BR,1BA$900
Ventana1 Bedroom 1 Bathroom1BR,1BA$949

Best Value Apartments for Rent in Watterson Park, KY

As of April 03, 2026 the best value apartment in the Watterson Park area is the $1.03 price per square foot 3 Bedroom Two Bathrooms Model at The Hemingway in the in the Hayfield Dundee neighborhood starting from $1,489. The second greatest value Watterson Park apartment is the maple valley 3bd Model at Maple Valley Apartments starting at $1,250 with a $1.25 price per square foot in the Highview neighborhood. Here is today’s list of the best values for Watterson Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Hemingway3 Bedroom Two Bathrooms3BR,2BA$1.03
Maple Valley Apartmentsmaple valley 3bd3BR,1BA$1.25
Icon Apartments2 Bed 1.5 Bath2BR,1.5BA$1.21
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.24
Turtle Creek Apartments1 Bed, 1 bath1BR,1BA$1.09
1417 Nightingale RdHeights at Audubon 2BR2BR,1BA$1.35
1445 Nightingale Rd, Unit 41445 Nightingale Rd2BR,1BA$1.35
Ventana1 Bedroom 1 Bathroom1BR,1BA$1.27
Meadow Creek ApartmentsMeadow Creek Apartments - 1 bedroom/1 bath1BR,1BA$1.28
Colony1 Bed, 1 bath1BR,1BA$1.36

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

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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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Pet Friendly Lifestyle
Watterson Park, Louisville, KY

Ranked #79

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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!

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 $854 at Addison Park Apartments.

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 $799 at Preston Oaks.

What is the most affordable Watterson Park Three Bedroom Apartment?

The best deal on a cheap Watterson Park Three Bedroom Apartment rental is at Addison Park Apartments and starts from $1,246.

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.

Articles, How-To's, and Tips

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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

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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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Maximizing Your Refund: Essential Tax Tips for Renters

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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

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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.