
Cheap Homes for Rent in St Matthews, KY from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in St Matthews.


2910 Abigail Dr

318 Macon Ave

318 Macon Ave

2928 Brinkey Way

3719 Briarbridge Ln

3710 Noblitt Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

148 Breckenridge Ln, Unit D

2730 Brownsboro Rd

2905 Abigail Dr

1934 Frankfort Ave

124 S Sherrin Ave, Unit 4, Unit 4

1008 Sharon Dr

1115 E 8th St
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.

2901 Lindsay Ave

203 El Conquistador Pl

225 Crescent Hill Pl

4204 Browns Ln, Unit 104, Unit 104

313 Hawthorne Dr

731 N Hite Ave

400 E Park Pl
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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St Matthews, KY Local Guide

How much does it cost to rent a home in St Matthews?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| St Matthews 2 Bedroom Homes for Rent | $1,512 | $1,000 | $2,350 |
| St Matthews 3 Bedroom Homes for Rent | $2,568 | $1,300 | $8,000 |
| St Matthews 4 Bedroom Homes for Rent | $2,335 | $1,720 | $2,950 |
| St Matthews 5 Bedroom Homes for Rent | $4,647 | $4,300 | $4,995 |
Browse Top Homes for Rent in St Matthews
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St Matthews, KY Local Guide
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Cheapest Available St Matthews Apartments for Rent
 The cheapest available apartment rental in St Matthews, KY is a 1 Bed unit found at Bridgepoint Apartments in the Brownsboro Zorn neighborhood priced from $785. The Edison in the Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable St Matthews apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bridgepoint Apartments | 1 Bed, 1 Bath Flat | 1BR,1BA | $785 |
| The Edison | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Parkside Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
| Bridgepointe Crossing | 1 br | 1BR,1BA | $834 |
| Addison Park Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $837 |
Best Value Apartments for Rent in St Matthews, KY
As of April 28, 2026 the best value apartment in the St Matthews area is the $1.15 price per square foot 2 Bedroom 2 Bathroom Model at Fitzroy Louisville in the in the Clifton Heights neighborhood starting from $1,299. The second greatest value St Matthews apartment is the 612 Breckenridge Model at Plymouth Village Apartments starting at $1,150 with a $1.21 price per square foot in the Hayfield Dundee neighborhood. Here is today’s list of the best values for St Matthews apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fitzroy Louisville | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.15 |
| Plymouth Village Apartments | 612 Breckenridge | 2BR,1.5BA | $1.21 |
| Westbury Harbour | 1 bedroom 1 bath | 1BR,1BA | $1.02 |
| Grandview Apartments | 3815 Grandview | 2BR,1BA | $1.22 |
| Arterburn Crossing | 2/1 | 2BR,1BA | $1.22 |
| Church Way Apartments | 4219 N Church Way | 1BR,1BA | $1.17 |
| Villages of Hikes Point | 2B/1BA | 2BR,1BA | $1.09 |
| Madrid Apartments | ORC1B/1B | 1BR,1BA | $1.20 |
| Bridgepointe Crossing | 1 br | 1BR,1BA | $1.20 |
| Bridgepoint Apartments | 1 Bed, 1 Bath Flat | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe 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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore St Matthews, KY Rentals by Map
See the most popular apartments and homes in St Matthews, KY
Frequently Asked Questions about St Matthews
What type of rentals are currently available in St Matthews?
There are currently 525 Apartments for Rent in St Matthews, KY with pricing that ranges from $785 to $4,028. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in St Matthews ranging from $825 to $8,000.
What is the current price range for Rental Homes in St Matthews?
Today's rental pricing for Homes for Rent, Condos and Townhomes in St Matthews ranges from $825 to $8,000 with an average monthly rent of $2,442.
How much are larger Three and Four Bedroom Rentals in St Matthews?
For those who are looking for larger living arrangements, Three Bedroom Apartments in St Matthews range from $1,219 to $3,330, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,720 and Four Bedroom Apartments start at $1,635.
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

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.

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.

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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.