Cheap Apartments for Rent in St Matthews, KY from $600 (80 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in St Matthews.

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.

property at 404 N Hite Ave

404 N Hite Ave

LouisvilleKY40206

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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.

St Matthews, KY Local Guide

Cheapest Available St Matthews Apartments for Rent

 

The cheapest available apartment rental in St Matthews, KY is a 1 Bed unit found at The Metropolitan in the Bowman neighborhood priced from $794. Addison Park Apartments in the Hayfield Dundee neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $798. Here is today’s list of the most affordable St Matthews apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MetropolitanA11BR,1BA$794
Addison Park ApartmentsOne Bed One Bath1BR,1BA$798
Bridgepointe Crossing2 br2BR,1BA$827
Devonshire ApartmentsThe Briarwood1BR,1BA$848
Woodbridge1 bed 1 bath HAP wb1x1pr - The Cedar1BR,1BA$875
Bridgepoint Apartments2 Bed, 1 Bath Flat2BR,1BA$895
Partridge Meadows ApartmentsThe Starling1BR,1BA$899
2600 Le Blanc Ct.1BR/1.0BA1BR,1BA$900
The Edison2 Bedroom One Bath Renovated2BR,1BA$949

Best Value Apartments for Rent in St Matthews, KY

As of October 10, 2025 the best value apartment in the St Matthews area is the $1.01 price per square foot The Roost Model at Eagles Eyrie Apartments in the in the Crescent Hill neighborhood starting from $1,309. The second greatest value St Matthews apartment is the 161 N Keats Ave Model at 161 N Keats Ave, Unit 2 starting at $1,400 with a $1.08 price per square foot in the Crescent Hill neighborhood. Here is today’s list of the best values for St Matthews apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagles Eyrie ApartmentsThe Roost2BR,2.5BA$1.01
161 N Keats Ave, Unit 2161 N Keats Ave3BR,2BA$1.08
Jamestown at St. Matthews ApartmentsThree Bedroom Apartment 23BR,2BA$1.20
Bridgepoint Apartments2 Bed, 1 Bath Flat2BR,1BA$0.91
Westbury Harbour1 bedroom 1 bath1BR,1BA$1.02
Bridgepointe Crossing2 br2BR,1.5BA$0.90
Villages of Hikes PointVillages of Hikes Point - Waiting List (2b/1b)2BR,1BA$1.14
Hidden CreekOne Bed One Bath 8501BR,1BA$1.15
Madrid ApartmentsORC1B/1B1BR,1BA$1.20
Partridge Meadows ApartmentsThe Starling1BR,1BA$1.18

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 St Matthews, KY Rentals by Map

View Map
St Matthews, KY Apartments Map
View Map
St Matthews, KY Rental Homes Map

Getting Around St Matthews, KY

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap St Matthews Apartments

What is the Cheapest Studio apartment in St Matthews?

Currently the most affordable Cheap Studio Apartment in St Matthews is at Halsey Flats listed at $995.

How much is rent for a Cheap One Bedroom St Matthews Apartment?

The lowest price for a Cheap One Bedroom St Matthews Apartment is $798 at Addison Park Apartments.

What is the lowest price for a Cheap Two Bedroom St Matthews Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in St Matthews is starting from $827 at Bridgepointe Crossing.

What is the most affordable St Matthews Three Bedroom Apartment?

The best deal on a cheap St Matthews Three Bedroom Apartment rental is at Village Manor Apartments and starts from $1,134.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.