Cheap Apartments for Rent in St Matthews, KY from $600 (79 Rentals)

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

property at 3520 Willis Ave

$925

1 Bedroom, 1 Bath Home for Rent

Available Now

3520 Willis Ave

St MatthewsKY40207

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 501 Wallace Ave

$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

501 Wallace Ave

LouisvilleKY40207

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Parkside Apartments in the Butchertown neighborhood priced from $775. Devonshire Apartments in the Graymoor Devondale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $788. Here is today’s list of the most affordable St Matthews apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkside Apartments1 Bedroom 1 Bathroom1BR,1BA$775
Devonshire ApartmentsThe Briarwood1BR,1BA$788
Bridgepointe Crossing2 br2BR,1BA$827
Highgate Springs ApartmentsThe Bowman1BR,1BA$880
Addison Park ApartmentsTwo Bed Two Bath2BR,2BA$882
Hidden CreekOne Bed One Bath 8501BR,1BA$885
Woodbridge1 bed 1 bath sm classic wb1x1sl- Maple1BR,1BA$924
Westbury Harbour1 bedroom 1 bath1BR,1BA$949

Best Value Apartments for Rent in St Matthews, KY

As of January 10, 2026 the best value apartment in the St Matthews area is the $0.97 price per square foot The Nest Model at Eagles Eyrie Apartments in the in the Crescent Hill neighborhood starting from $1,262. The second greatest value St Matthews apartment is the 3 Bed, 1.5 Bath TH with W/D Hook-Up Model at Bridgepoint Apartments starting at $1,250 with a $1.03 price per square foot in the Brownsboro Zorn 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 Nest2BR,2BA$0.97
Bridgepoint Apartments3 Bed, 1.5 Bath TH with W/D Hook-Up3BR,1.5BA$1.03
Chatsworth Park Apartments2+2 Reno2BR,2BA$1.13
Fitzroy Louisville2 Bedroom 2 Bath 10922BR,2BA$1.15
Westbury Harbour1 bedroom 1 bath1BR,1BA$1.02
Bridgepointe Crossing2 br2BR,1.5BA$0.90
321 Ridgedale Rd, Unit 1321 Ridgedale Rd2BR,1BA$1.06
Addison Park ApartmentsTwo Bed One Bath2BR,1BA$1.14
Villages of Hikes PointVillages of Hikes Point - Waiting List (2b/1b)2BR,1BA$1.14
2119 Gladstone Ave, Unit c2119 Gladstone Ave1BR,1BA$1.11

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.

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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.

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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.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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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.

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

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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 The Grove at Lyndon listed at $953.

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

The lowest price for a Cheap One Bedroom St Matthews Apartment is $775 at Parkside 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

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

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.