Cheap Apartments for Rent in the Wilder Park Neighborhood of Louisville, KY from $400 (19 Rentals)

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

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.

property at 4113 S 3rd St

4113 S 3rd St

LouisvilleKY40214

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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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
  • Utilities Included

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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Old School Apartments
Studio to 1 Bedroom Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
  • Utilities Included
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
  • Utilities Included

Wilder Park, Louisville, KY Local Guide

Cheapest Available Wilder Park Apartments for Rent

 

The cheapest available apartment rental in the Wilder Park area of Louisville, KY is a 1 Bed unit found at Carpenter Apartments priced from $795. Poplar Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Wilder Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Carpenter Apartments1 Bedroom1BR,1BA$795
Poplar TerraceStudioStudio,1BA$799
Heritage Green ApartmentsThe Single1BR,1BA$829
Vesta Derby Oaks (Patriot Derby)A1A1BR,1BA$850
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910

Best Value Apartments for Rent in Wilder Park, KY

As of September 20, 2025 the best value apartment in the Wilder Park area is the $1.10 price per square foot 1703 S Preston St Model at 1703 S Preston St, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,095. The second greatest value Wilder Park apartment is the Kenwood Arms - Waiting List (2b/1b) Model at Kenwood Arms starting at $1,000 with a $1.14 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Wilder Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1703 S Preston St, Unit 11703 S Preston St1BR,1BA$1.10
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1.14
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.35
1743 Sonne Ave, Unit Apt. #21743 Sonne Ave2BR,1BA$1.00
Nichols MeadowsFlats2BR,1BA$1.36
The Crossings at Mill Creek1 Bedroom1BR,1BA$1.28
708 M St, Unit 3708 M StStudio ,1BA$0.83
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.63
Carpenter Apartments1 Bedroom1BR,1BA$1.65
4014 Southern Pky, Unit 2F- Top4014 Southern Pky1BR,1BA$1.32

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Pet Friendly Lifestyle
Wilder Park, Louisville, KY

Ranked #105

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

This website works hard to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Western Louisville, KY. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Wilder Park Neighborhood in Louisville, KY

Walk Score®

57 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Wilder Park Apartments

What is a cheap apartment in Wilder Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilder Park is under $1,016.

What is the price of a cheap apartment in Wilder Park?

The cheapest apartment in Wilder Park is Carpenter Apartments which is listed at $795, while the average apartment in Wilder Park costs $1,200.

What types of apartments are the cheapest in Wilder Park?

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 26 regular apartments in Wilder Park 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 Wilder Park?

Cheap apartments in Wilder Park have an average cost of $458 which is $742 cheaper than the average rent for all rentals in Wilder Park.

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.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.