
Cheap Homes for Rent in the Watterson Park Neighborhood of Louisville, KY from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Watterson Park area of Louisville.


3501 Bennett Ln

5533 Ridgecrest Rd

2506 Fureen Dr

3501 Illinois Ave

4607 Caspian Dr

2229 Tyler Ln, Unit 1
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.

4206 St Francis Ln

1645 Rangeland Rd

3320 Bardstown Rd

4410 E Indian Trail

4308 Trinity Cir

1935 Gardiner Ln, Unit D63

4606 Garda Dr
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.
Watterson Park, Louisville, KY Local Guide

How much does it cost to rent a home in Watterson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watterson Park 2 Bedroom Homes for Rent | $1,591 | $1,000 | $1,960 |
| Watterson Park 3 Bedroom Homes for Rent | $1,526 | $1,100 | $1,900 |
| Watterson Park 4 Bedroom Homes for Rent | $2,337 | $1,850 | $2,850 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Watterson Park Neighborhood of Louisville, KY.
Explore Louisville
Watterson Park, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 The Harrison | Marc priced from $849. Icon Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Watterson Park apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Harrison | Marc | Marc 1 Bedroom 1 Bathroom | 1BR,1BA | $849 |
| Icon Apartments | Cedar | 1BR,1BA | $849 |
| Creek Stone Village | One Bedroom | 1BR,1BA | $850 |
| Addison Park Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $852 |
| Meadow Creek Apartments | Meadow Creek Apartments - 1 bedroom/1 bath | 1BR,1BA | $865 |
Best Value Apartments for Rent in Watterson Park, KY
As of August 24, 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 3B/1BA Model at Eleven Oaks Apartments starting at $1,180 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hemingway | 2 Bedroom Two Bathrooms | 2BR,2BA | $0.96 |
| Eleven Oaks Apartments | 3B/1BA | 3BR,1BA | $1.08 |
| Willow Place Apartments | Two bedroom | 2BR,1BA | $0.91 |
| Preston Oaks | Appaloosa | 2BR,1BA | $1.16 |
| The Lux Townhomes | The Lily - Cozy Two Bedroom, One Bath Townhome | 2BR,1BA | $1.24 |
| 4302 Naomi Dr, Unit #3 | 4302 Naomi Dr | 2BR,1BA | $0.98 |
| Turtle Creek Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
| Heights at Audubon Park | Heights at Audubon 2BR | 2BR,1BA | $1.26 |
| Ventana | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.22 |
| Icon Apartments | Cedar | 1BR,1BA | $1.13 |
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 ArticleThe 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.
Pet Friendly LifestyleWatterson Park, Louisville, KY
Ranked #84
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Watterson Park
What type of rentals are currently available in Watterson Park?
There are currently 172 Apartments for Rent in Watterson Park, KY with pricing that ranges from $695 to $2,870. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watterson Park ranging from $1,000 to $2,850.
What is the current price range for Rental Homes in Watterson Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watterson Park ranges from $1,000 to $2,850 with an average monthly rent of $1,670.
How much are larger Three and Four Bedroom Rentals in Watterson Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watterson Park range from $920 to $2,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,810.
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.