Cheap Apartments for Rent in the Watterson Park Neighborhood of Louisville, KY from $600 (45 Rentals)

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

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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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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property at 3515 Autumn Way

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

3515 Autumn Way

LouisvilleKY40218

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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Liverpool 2
1 Bedroom Apartments

Liverpool 2

2226 Liverpool LnLouisville, KY 40218
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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

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

Bridge Creek Apartments

3304 Dukehart DrLouisville, KY 40218
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The Marc Apartment Homes
1 to 3 Bedroom Apartments

The Marc Apartment Homes

3619-3609 Green Meadows DrLouisville, KY 40218
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Bon Air Apartments
1 to 2 Bedroom Apartments

Bon Air Apartments

3201 Commander DrLouisville, KY 40220
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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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Creek Stone Village
1 to 2 Bedroom Apartments

Creek Stone Village

2007-2011 Terril LnLouisville, KY 40218
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Medallion Court
2 Bedroom Apartments

Medallion Court

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

Meadow Creek Apartments

2006-2013 Goldsmith LnLouisville, KY 40218
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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
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Cleo I & II
3 Bedroom Apartments

Cleo I & II

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

Woods of Bridgewood

5405 Warwickshire DrLouisville, KY 40213
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-45, 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 1 Bed unit found at Auburndale priced from $825. Addison Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $836. Here are the most affordable Watterson Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Auburndale1BR/1.0BA1BR,1BA$825
Addison Park Apartments1 Bedroom 1 Bathroom1BR,1BA$836
The Harrison | MarcMarc 1 Bedroom 1 Bathroom1BR,1BA$849
Meadow Creek ApartmentsMeadow Creek Apartments - 1 bedroom/1 bath1BR,1BA$865
Preston OaksThoroughbred2BR,1BA$869
Turtle Creek Apartments1 Bed, 1 bath1BR,1BA$869
Icon ApartmentsSlateStudio,1BA$870
Heights at Audubon ParkHeights at Audubon 1BR1BR,1BA$875
Colony1 Bed, 1 bath1BR,1BA$879

Best Value Apartments for Rent in Watterson Park, KY

As of July 09, 2026 the best value apartment in the Watterson Park area is the $0.96 price per square foot 2 Bedroom Two Bathrooms Model at The Hemingway in the in the Hayfield Dundee neighborhood starting from $1,099. The second greatest value Watterson Park apartment is the Two bedroom Model at Willow Place Apartments starting at $927 with a $0.91 price per square foot in the Edgewood 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 Hemingway2 Bedroom Two Bathrooms2BR,2BA$0.96
Willow Place ApartmentsTwo bedroom2BR,1BA$0.91
Eleven Oaks Apartments2B/1BA2BR,1BA$1.13
The Lux TownhomesThe Lily - Cozy Two Bedroom, One Bath Townhome2BR,1BA$1.24
Maple Valley ApartmentsMaple Valley 2 Bedroom2BR,1BA$1.11
4302 Naomi Dr, Unit #34302 Naomi Dr2BR,1BA$0.98
Turtle Creek Apartments1 Bed, 1 bath1BR,1BA$1.09
Heights at Audubon ParkHeights at Audubon 2BR2BR,1BA$1.26
Ventana1 Bedroom 1 Bathroom1BR,1BA$1.27
Preston OaksThoroughbred2BR,1BA$1.28

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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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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Pet Friendly Lifestyle
Watterson Park, Louisville, KY

Ranked #83

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

Pet Friendliness Lifestyle Score

3.0
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 $825 at Auburndale.

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 $869 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 The Harrison | Marc and starts from $1,209.

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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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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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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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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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.

Articles, How-To's, and Tips

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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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.