
Cheap Apartments for Rent in the 40206 ZIP Code of Louisville, KY from $300 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the 40206 ZIP Code area of Louisville.


Waterside at River Park Apartments

319 Idlewylde Dr

Total Monthly Price
302 Crescent Ct, Unit 2

Butchertown Flats

2711 Brownsboro Rd

1917 Frankfort Ave

Lindsay Court Apartments

The Views at Crescent Hill

Le Blanc Court
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.

Ashbury Ridge

Reserve at Lindsay

Nora

Chatsworth Park Apartments

2624 Longview Ave

Axis on Lexington

Eagles Eyrie Apartments

2853 Grinstead Dr

Total Monthly Price
Martin on Main Apartments

2717-2721 Brownsboro Road
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.

402 N Hite Ave

2514 Frankfort Ave

1870 Frankfort Ave

150 N Jane St

Flats On Frankfort

2606 Le Blanc Ct

Brownsboro 16 LLC

Fitzroy Louisville

The Woods

Arterburn Crossing
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.

1000 E Jefferson St

2702 Riedling Dr

River Oak Apartments

The Avenue Frankfort Apartment Homes

Berkshire Apartments

2711 Riedling Dr.

Crescent Hill Quads

2722 Riedling Dr.

AMP Luxury Apartments

The Prestonian
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.

The Quad

2119 Grinstead Dr

The Avenue in the Highlands

Total Monthly Price
809 E Maple St, Unit 807-809 E. Maple St - 809-A

Total Monthly Price
1423 Debarr St, Unit 2

Village Manor Apartments

704-706 Roselane St

1401 E Breckinridge St

1106 Cherokee Rd, Unit 6

Avenue Willow
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.
Louisville, KY Local Guide

How much does it cost to rent an apartment in 40206?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40206 Studio Apartments | $1,295 | $815 | $4,514 |
| 40206 1 Bedroom Apartments | $1,580 | $543 | $4,124 |
| 40206 2 Bedroom Apartments | $1,837 | $652 | $4,929 |
| 40206 3 Bedroom Apartments | $1,693 | $950 | $4,951 |
| 40206 4 Bedroom Apartments | $3,426 | $1,799 | $6,945 |
Browse Apartments in the 40206 Zip Code of Louisville
Explore Louisville

Frequently Asked Questions about Cheap the 40206 ZIP Code Apartments
What is the Cheapest Studio apartment in 40206?
Currently the most affordable Cheap Studio Apartment in 40206 is at Sunset Village listed at $510.
How much is rent for a Cheap One Bedroom 40206 Apartment?
The lowest price for a Cheap One Bedroom 40206 Apartment is $530 at Sunset Village.
What is the lowest price for a Cheap Two Bedroom 40206 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40206 is starting from $700 at Sunset Village.
What is the most affordable 40206 Three Bedroom Apartment?
The best deal on a cheap 40206 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

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 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.

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

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.

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.

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.

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.