Cheap Homes for Rent in Watterson Park Neighborhood of Louisville, KY from $800 (10 Rentals)

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

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

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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 $845. 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$845
Meadow Creek ApartmentsMeadow Creek Apartments - 1 bedroom/1 bath1BR,1BA$865

Best Value Apartments for Rent in Watterson Park, KY

As of April 09, 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

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Pet Friendly Lifestyle
Watterson Park, Louisville, KY

Ranked #77

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Watterson Park

What type of rentals are currently available in Watterson Park?

There are currently 167 Apartments for Rent in Watterson Park, KY with pricing that ranges from $695 to $3,157. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watterson Park ranging from $825 to $2,680.

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 $825 to $2,680 with an average monthly rent of $1,491.

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 $1,234 to $3,157, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,205. Four Bedroom Single-Family rentals are also available starting from $1,499 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.

Articles, How-To's, and Tips

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.