Cheap Apartments for Rent in the Whiskey Row Neighborhood of Louisville, KY from $500 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Whiskey Row 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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The St. Francis Apartments
Rent Specials
$852 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$852 - $1,260
Total Monthly Price
$852 - $1,260
Studio to 2 Bedroom Apartments Available Now

The St. Francis Apartments

233 W BroadwayLouisville, KY 40202
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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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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Showing Results 1-36, Page 1 of 1

Whiskey Row, Louisville, KY Local Guide

Cheapest Available Whiskey Row Apartments for Rent

 

The cheapest available apartment rental in the Whiskey Row area of Louisville, KY is a 1 Bed unit found at The Prestonian priced from $543. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Whiskey Row apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Prestonian1A1BR,1BA$543
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$715
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
AVIA North ShoreStudioStudio,1BA$799
The Quad0BR/1.0BAStudio,1BA$825
Germantown Village Apartments1 Bedroom1BR,1BA$829
Beecher Family1 Bdrm Garden, 608 SqFt, Tax Credit, 60% AMI1BR,1BA$861
Painters RowStudio - 1 BathroomStudio,1BA$890
Cardinal Village Apartments1x1 with Balcony1BR,1BA$899

Best Value Apartments for Rent in Whiskey Row, KY

As of June 07, 2026 the best value apartment in the Whiskey Row area is the $0.51 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $649. The second greatest value Whiskey Row apartment is the Two Bedroom Two Bathroom Model at Spring Street Commons starting at $1,375 with a $1.42 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Whiskey Row apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Derby Row | Student HousingJulep4BR,4BA$0.51
Spring Street CommonsTwo Bedroom Two Bathroom2BR,2BA$1.42
Jefferson Properties3bd Apartment3BR,1BA$1.17
Avenue Willow2BR/1.0BA2BR,1BA$1.16
The St. Francis Apartments2BR2BA2BR,2BA$1.46
Ashbury Ridge2 Bedroom2BR,1BA$1.30
Germantown Village Apartments1 Bedroom1BR,1BA$1.25
Poplar Terrace1BR/1BA1BR,1BA$1.44
Lucia Apartments - First Full Month Free!1BR/1.0BA1BR,1BA$1.42
800 Towers ApartmentsStudioStudio ,1BA$1.18

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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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.

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Pet Friendly Lifestyle
Whiskey Row, Louisville, KY

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Whiskey Row Apartments

What is a cheap apartment in Whiskey Row?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Whiskey Row is under $899.

What is the price of a cheap apartment in Whiskey Row?

The cheapest apartment in Whiskey Row is The Prestonian which is listed at $543, while the average apartment in Whiskey Row costs $1,650.

What types of apartments are the cheapest in Whiskey Row?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 70 regular apartments in Whiskey Row that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Whiskey Row?

Cheap apartments in Whiskey Row have an average cost of $600 which is $1,050 cheaper than the average rent for all rentals in Whiskey Row.

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

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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.