Cheap Apartments for Rent in the 40205 ZIP Code of Louisville, KY from $300 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 40205 ZIP Code area of Louisville.

property at 1802 Deerwood Ave

$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

1802 Deerwood Ave

LouisvilleKY40205
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Parkside Wallace
1 to 2 Bedroom Apartments

Parkside Wallace

2515-2519 Wallace AveLouisville, KY 40205
  • Utilities Included
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Douglass Manor
Studio to 2 Bedroom Apartments

Douglass Manor

2045 Douglass BlvdLouisville, KY 40205
  • Utilities Included

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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Speed Ave Apartments
1 to 2 Bedroom Apartments

Speed Ave Apartments

2113-2115 Speed AveLouisville, KY 40205
Student Housing
  • 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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The Belltower
Rent Specials
$1,095 - $2,409
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,409
Total Monthly Price
$1,095 - $2,409
1 to 3 Bedroom Apartments Available Now

The Belltower

3400 Tevis DrLouisville, KY 40220
Corporate Housing
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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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Liverpool 2
1 Bedroom Apartments

Liverpool 2

2226 Liverpool LnLouisville, KY 40218
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Bridge Creek Apartments
1 to 2 Bedroom Apartments

Bridge Creek Apartments

3304 Dukehart DrLouisville, KY 40218
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Green Meadows
1 to 3 Bedroom Apartments

Green Meadows

3619-3609 Green Meadows DrLouisville, KY 40218
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Cherokee Triangle
1 Bedroom Apartments

Cherokee Triangle

2454 Grinstead DrLouisville, KY 40204
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Bon Air Apartments
1 to 2 Bedroom Apartments

Bon Air Apartments

3201 Commander DrLouisville, KY 40220
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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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Villages of Hikes Point
Studio to 2 Bedroom Apartments

Villages of Hikes Point

3712 Klondike LnLouisville, KY 40218
  • Utilities Included
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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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3711 Briarbridge Ln
2 Bedroom Apartments

3711 Briarbridge Ln

3711 Briarbridge LnLouisville, KY 40218
  • Utilities Included
  • Smoke Free
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Meadow Creek Apartments
1 to 2 Bedroom Apartments

Meadow Creek Apartments

2006-2013 Goldsmith LnLouisville, KY 40218
  • Utilities Included
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Creek Stone Village
1 to 2 Bedroom Apartments

Creek Stone Village

2007-2011 Terril LnLouisville, KY 40218
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Varra Bradel
1 Bedroom Apartments

Varra Bradel

1926 Peabody LnLouisville, KY 40218
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Madrid Apartments
1 to 2 Bedroom Apartments

Madrid Apartments

3005 Mid Dale LnLouisville, KY 40220
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The Marc
1 to 3 Bedroom Apartments

The Marc

2308 Hikes LnLouisville, KY 40218
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The Bordeaux
2 Bedroom Apartments

The Bordeaux

1418 Willow AveLouisville, KY 40204
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Grinstead Manor
1 to 2 Bedroom Apartments

Grinstead Manor

2344 Grinstead CtLouisville, KY 40204
  • Utilities Included

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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Frequently Asked Questions about Cheap the 40205 ZIP Code Apartments

What is the Cheapest Studio apartment in 40205?

Currently the most affordable Cheap Studio Apartment in 40205 is at Sunset Village listed at $510.

How much is rent for a Cheap One Bedroom 40205 Apartment?

The lowest price for a Cheap One Bedroom 40205 Apartment is $530 at Sunset Village.

What is the lowest price for a Cheap Two Bedroom 40205 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 40205 is starting from $650 at Rosewood Apartments.

What is the most affordable 40205 Three Bedroom Apartment?

The best deal on a cheap 40205 Three Bedroom Apartment rental is at Rosewood Apartments and starts from $830.

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.

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

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.