Cheap Apartments for Rent in the 40204 ZIP Code of Louisville, KY from $300 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 40204 ZIP Code 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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1333 Castlewood Ave, Unit 2
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295
1 Bedroom Apartment Available Now

1333 Castlewood Ave, Unit 2

1333 Castlewood AveLouisville, KY 40204
Affordability
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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.

property at 1307 Morton Ave

$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

1307 Morton Ave

LouisvilleKY40204
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Cherokee Triangle
1 Bedroom Apartments

Cherokee Triangle

2454 Grinstead DrLouisville, KY 40204
  • Utilities Included
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Highland Flats
1 Bedroom Apartments

Highland Flats

1204 Bardstown RdLouisville, KY 40204
  • Utilities Included
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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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Schiller Terrace
1 to 2 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
  • Utilities Included
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The Bordeaux
2 Bedroom Apartments

The Bordeaux

1418 Willow AveLouisville, KY 40204
  • Utilities Included
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Park Court Apartments
1 to 2 Bedroom Apartments

Park Court Apartments

1049 Cherokee RdLouisville, KY 40204
Corporate Housing
  • Utilities Included

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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1607 Lucia Ave #5
1 to 3 Bedroom Apartments

1607 Lucia Ave #5

1607 Lucia AveLouisville, KY 40204
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Grinstead Manor
1 to 2 Bedroom Apartments

Grinstead Manor

2344 Grinstead CtLouisville, KY 40204
  • Utilities Included
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The Woods
Studio to 3 Bedroom Apartments

The Woods

2139 Lexington RdLouisville, KY 40206

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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2101 Speed Ave
2 Bedroom Apartments

2101 Speed Ave

2101 Speed AveLouisville, KY 40205
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1000 E Jefferson St
1 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
  • Utilities Included
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Speed Ave Apartments
1 to 2 Bedroom Apartments

Speed Ave Apartments

2113-2115 Speed AveLouisville, KY 40205
Student Housing
  • Utilities Included

Frequently Asked Questions about Cheap the 40204 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 40204 Apartment?

The lowest price for a Cheap One Bedroom 40204 Apartment is $650 at Park Place Apartments.

What is the lowest price for a Cheap Two Bedroom 40204 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 40204 is starting from $785 at Sunset Village Apartments.

What is the most affordable 40204 Three Bedroom Apartment?

The best deal on a cheap 40204 Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.

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

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 The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.