Cheap Apartments for Rent in the 40206 ZIP Code of Louisville, KY from $300 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 40206 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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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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402 N Hite Ave
1 Bedroom Apartments

402 N Hite Ave

402 N Hite AveLouisville, KY 40206
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1870 Frankfort Ave
2 Bedroom Apartments

1870 Frankfort Ave

1870-1874 Frankfort AveLouisville, KY 40206
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Flats On Frankfort
1 Bedroom Apartments

Flats On Frankfort

1911-1917 Frankfort AveLouisville, KY 40206
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2606 Le Blanc Ct
1 Bedroom Apartments

2606 Le Blanc Ct

2606 Le Blanc CtLouisville, KY 40206
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Fitzroy Louisville
Studio to 3 Bedroom Apartments

Fitzroy Louisville

79 Highwood PlLouisville, KY 40206
Senior Living
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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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1000 E Jefferson St
1 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
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2702 Riedling Dr
2 Bedroom Apartments

2702 Riedling Dr

2702 Riedling DrLouisville, KY 40206
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Berkshire Apartments
2 Bedroom Apartments

Berkshire Apartments

200 Crescent AveLouisville, KY 40206
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AMP Luxury Apartments
Studio to 2 Bedroom Apartments

AMP Luxury Apartments

2030 Frankfort AveLouisville, KY 40206
Student Housing
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2711 Riedling Dr.
2 Bedroom Apartments

2711 Riedling Dr.

2711 Riedling DrLouisville, KY 40206
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2722 Riedling Dr
2 Bedroom Apartments

2722 Riedling Dr

2722 Riedling DrLouisville, KY 40206
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Crescent Hill Quads
2 Bedroom Apartments

Crescent Hill Quads

312 N Birchwood AveLouisville, KY 40206
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 $720 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.

Articles, How-To's, and Tips

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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.