
Cheap Apartments for Rent in the 40242 ZIP Code of Louisville, KY from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the 40242 ZIP Code area of Louisville.


8801 Malvern Hill Rd

Countrybrook Apartments

9304 Aylesbury Dr, Unit 7

Lyndon Crossings Apartments

Canter Chase

2504 Langdon Dr
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

Devonshire Apartments

Partridge Meadows Apartments

Slate Run (KY)

Westbury Harbour

MAA Westport

Ashton Brook

Total Monthly Price
Rolling Hills
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Sawyer East End

Aspenwood Apartments

9804 Whipps Mill Rd, Unit #6

Springhouse

1110 Westlynne Place

The Grove at Lyndon

The Fitzgerald
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.

9804 Whipps Mill Rd
Louisville, KY Local Guide

How much does it cost to rent an apartment in 40242?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40242 Studio Apartments | $984 | $935 | $1,133 |
| 40242 1 Bedroom Apartments | $1,281 | $899 | $2,463 |
| 40242 2 Bedroom Apartments | $1,528 | $975 | $3,480 |
| 40242 3 Bedroom Apartments | $1,818 | $1,219 | $3,241 |
Browse Apartments in the 40242 Zip Code of Louisville
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Frequently Asked Questions about Cheap the 40242 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 40242 Apartment?
The lowest price for a Cheap One Bedroom 40242 Apartment is $589 at Palmwood Place.
What is the lowest price for a Cheap Two Bedroom 40242 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40242 is starting from $695 at Royal Crest Apartments.
What is the most affordable 40242 Three Bedroom Apartment?
The best deal on a cheap 40242 Three Bedroom Apartment rental is at Gran Creûx Estate and starts from $795.
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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.