
Cheap Homes for Rent in Watterson Park Neighborhood of Louisville, KY from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Watterson Park area of Louisville.


5416 Reflection Dr

5414 Robinwood Rd

5516 Ripple Ln

5517 Rustic Way
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.

4410 E Indian Trail

5422 Revere Dr

4007 St Francis Ln

4839 Partridge Run

4839 Partridge Run

5211 General Ln

3331 Heather Ln
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.
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 3 Bedroom Homes for Rent | $1,665 | $1,095 | $2,600 |
Watterson Park 4 Bedroom Homes for Rent | $1,480 | $1,480 | $1,480 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Addison Park Apartments priced from $780. Icon Apartments has the second lowest priced unit, which is a Studio 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 |
---|---|---|---|
Addison Park Apartments | One Bed One Bath | 1BR,1BA | $780 |
Icon Apartments | Studio 1 bath | Studio,1BA | $849 |
Royal Arms of Louisville | 1x1 | 1BR,1BA | $850 |
Preston Oaks | Mustang | 1BR,1BA | $859 |
Meadow Creek | Meadow Creek Apartments | 1BR,1BA | $865 |
Best Value Apartments for Rent in Watterson Park, KY
As of June 12, 2025 the best value apartment in the Watterson Park area is the $1.29 price per square foot The Devin - Spacious Three Bedroom Townhome Model at The Lux Townhomes in the in the Hayfield Dundee neighborhood starting from $1,545. The second greatest value Watterson Park apartment is the Eleven Oaks - 3 Bedroom Townhouse Model at Eleven Oaks Apartments starting at $1,135 with a $1.04 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 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 |
Meadow Creek | Meadow Creek Apartments | 1BR,1BA | $1.28 |
Colony | 1 Bed, 1 bath | 1BR,1BA | $1.35 |
Royal Arms of Louisville | 1x1 | 1BR,1BA | $1.31 |
Addison Park Apartments | One Bed One Bath | 1BR,1BA | $1.30 |
Quick 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.
Frequently Asked Questions about Watterson Park
What type of rentals are currently available in Watterson Park?
There are currently 158 Apartments for Rent in Watterson Park, KY with pricing that ranges from $200 to $4,425. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watterson Park ranging from $1,095 to $2,600.
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 $1,095 to $2,600 with an average monthly rent of $1,572.
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 $1,135 to $4,425, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,480 and Four Bedroom Apartments start at $1,480.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.