Cheap Homes for Rent near Parkway Village, KY from $950 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Parkway Village.

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.

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.

Parkway Village, KY Local Guide

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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
800 Towers ApartmentsStudioStudio,1BA$719
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
Lofts on OrmsbyStudioStudio,1BA$800
Germantown Village Apartments1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Avenue in the HighlandsTwo Bedroom One Bath2BR,1BA$1.38
2189 Baringer Ave2 Bedroom/1 Bathroom2BR,1BA$1.22
St. Francis ApartmentsThe Douglass1BR,1BA$1.28
Derby Row | Student HousingThoroughbred2BR,2BA$1.09
Heights at Audubon ParkHeights at Audubon 2BR2BR,1BA$1.26
The Belknap Apartments1BR/1.0BA1BR,1BA$1.28
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village Apartments1 Bedroom1BR,1BA$1.28
800 Towers ApartmentsStudioStudio ,1BA$1.19
The Puritan Senior Living - 62 & OverStudioStudio ,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 Article
Decorative image

Real 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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Parkway Village, KY Rentals by Map

View Map
Parkway Village, KY Apartments Map
View Map
Parkway Village, KY Rental Homes Map

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.