
Cheap Apartments for Rent in the 40216 ZIP Code of Louisville, KY from $300 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in the 40216 ZIP Code area of Louisville.


4904 Saddlebrook Ln

The Chalet Village Apartment Community

Total Monthly Price
4700 Walnut Grove Ave

4700 Walnut Grove Ave

1716 Bonnyville Blvd

Laurel at the Woodlands

1901 Neville Dr, Unit 2

1901 Neville Dr, Unit 2, Unit 2

The Rockford Arms Apartment Community
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.

The San Jose Court Apartment Community

1623 Brick Kiln Ln

1623 Brick Kiln Ln, Unit 4, Unit 4

3107 Melody Acres Ln

By the Park

3442-3442 Heatherfield Dr, Unit 3442

Riverport Landings Senior

Whispering Woods I

Riverport Landing Family Apartments

4525 Dixie Hwy, Unit 2
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.

Hunters Run

Walnut Grove

The Foundry

Dover Place

The Flintlock Arms Apartment Community

Park Row Apartments

St Denis Senior Apartments

Williamsburg Apartments

Coventry Commons

Hillview Manor
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.

Kendall Arms

Hillview Manor

Dixie Downs Apartments

Grandview Apartments

3404 Shagbark Rd

River Oaks

Bradford Pointe Apartments

Richardson 52 Apartments

The Iroquois Terrace Apartment Community

3810 Oboe Dr
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.

Safe Harbor

Pioneer

Cane Run Station

6121 Upper Hunters Trce

Southwood

Iroquois Green

4030 Taylor Blvd

Furlong Apartments

Total Monthly Price
Patriot Derby (FKA Vesta Derby Oaks)

Renaissance St. Andrews
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 40216?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40216 1 Bedroom Apartments | $906 | $550 | $1,190 |
| 40216 2 Bedroom Apartments | $1,001 | $600 | $1,428 |
| 40216 3 Bedroom Apartments | $1,269 | $975 | $1,647 |
Browse Apartments in the 40216 Zip Code of Louisville
Explore Louisville

Frequently Asked Questions about Cheap the 40216 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 40216 Apartment?
The lowest price for a Cheap One Bedroom 40216 Apartment is $1,032 at Freedom Gardens.
What is the lowest price for a Cheap Two Bedroom 40216 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40216 is starting from $635 at Arbours at Fort King.
What is the most affordable 40216 Three Bedroom Apartment?
The best deal on a cheap 40216 Three Bedroom Apartment rental is at Arbours at Hester Lake and starts from $1,380.
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

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.

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.

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.

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.