
Cheap Homes for Rent near Parkway Village, KY from $950 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Parkway Village.


512 Iowa Ave

2909 S 5th St

1318 S Brook St

2520 S 3rd St
Rent According to Income: A Look at Income-Restricted Rentals
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420 Montana Ave

604 Winkler Ave

2413 S 5th St

1452 S Hancock St

2226 S Shelby St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3501 Illinois Ave
Parkway Village, KY Local Guide

How much does it cost to rent a home in Parkway Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Village 2 Bedroom Homes for Rent | $1,491 | $950 | $2,400 |
| Parkway Village 3 Bedroom Homes for Rent | $1,818 | $1,300 | $2,550 |
| Parkway Village 4 Bedroom Homes for Rent | $1,716 | $1,325 | $2,200 |
| Parkway Village 5 Bedroom Homes for Rent | $2,575 | $2,250 | $2,900 |
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Parkway Village, KY Local Guide
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Cheapest Available Parkway Village Apartments for Rent and Nearby
 The cheapest available apartment rental in Parkway Village, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. 800 Towers Apartments in the Medical Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable Parkway Village apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| 800 Towers Apartments | Studio | Studio,1BA | $719 |
| Old Louisville - 1219 S 6th St | S6th01 | Studio,1BA | $795 |
| Lofts on Ormsby | Studio | Studio,1BA | $800 |
| Germantown Village Apartments | 1 Bedroom | 1BR,1BA | $849 |
Best Value Apartments for Rent in Parkway Village, KY and Nearby
As of August 22, 2026 the best value apartment in the Parkway Village area is the $1.38 price per square foot Two Bedroom One Bath Model at The Avenue in the Highlands in the in the Phoenix Hill neighborhood starting from $1,311. The second greatest value Parkway Village apartment is the 2 Bedroom/1 Bathroom Model at 2189 Baringer Ave starting at $1,095 with a $1.22 price per square foot in the Hayfield Dundee neighborhood. Here is today’s list of the best values for Parkway Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Avenue in the Highlands | Two Bedroom One Bath | 2BR,1BA | $1.38 |
| 2189 Baringer Ave | 2 Bedroom/1 Bathroom | 2BR,1BA | $1.22 |
| St. Francis Apartments | The Douglass | 1BR,1BA | $1.28 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.09 |
| Heights at Audubon Park | Heights at Audubon 2BR | 2BR,1BA | $1.26 |
| The Belknap Apartments | 1BR/1.0BA | 1BR,1BA | $1.28 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
| Germantown Village Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.19 |
| The Puritan Senior Living - 62 & Over | Studio | Studio ,1BA | $0.44 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Parkway Village
What type of rentals are currently available in Parkway Village?
There are currently 30 Apartments for Rent in Parkway Village, KY with pricing that ranges from $200 to $2,934. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Village ranging from $950 to $2,900.
What is the current price range for Rental Homes in Parkway Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway Village ranges from $950 to $2,900 with an average monthly rent of $1,658.
How much are larger Three and Four Bedroom Rentals in Parkway Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway Village range from $723 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,325 and Four Bedroom Apartments start at $619.
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.