Cheap Homes for Rent in St Matthews, KY from $700 (18 Rentals)

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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

property at 124 S Sherrin Ave

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

1 Bedroom, 1 Bath Condo for Rent

Available Now

124 S Sherrin Ave, Unit 4

124 S Sherrin Ave
St MatthewsKY40207

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.

property at 221 N Clifton Ave

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 1 Bath Condo for Rent

Available Sep 1

221 N Clifton Ave, Unit #25

221 N Clifton Ave
LouisvilleKY40206

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

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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 Lindsay Court Apartments in the Clifton Heights neighborhood priced from $829. Highgate Springs Apartments in the Hayfield Dundee neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable St Matthews apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lindsay Court Apartments1 Bedroom - Square Kitchen1BR,1BA$829
Highgate Springs ApartmentsThe Bowman1BR,1BA$850
Ashbury Ridge2 Bedroom2BR,1BA$871
Halsey FlatsSenecaStudio,1BA$895
The Edison1 Bedroom 1 Bathroom1BR,1BA$899

Best Value Apartments for Rent in St Matthews, KY

As of July 27, 2026 the best value apartment in the St Matthews area is the $1.00 price per square foot House Model at 2306 Emerson Ave in the in the Bowman neighborhood starting from $2,600. The second greatest value St Matthews apartment is the 164 Pope St Model at 164 Pope St, Unit 1 starting at $1,395 with a $1.16 price per square foot in the Phoenix 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.
2306 Emerson AveHouse2BR,2BA$1.00
164 Pope St, Unit 1164 Pope St2BR,1BA$1.16
Bridgepoint Apartments2 Bed, 1.5 Bath TH with W/D Hook-Up2BR,1.5BA$1.09
Bridgepointe Crossing2 br2BR,1.5BA$1.03
2609 Taylorsville Rd, Unit Apt. 12609 Taylorsville Rd1BR,1BA$1.06
Church Way Apartments4219 N Church Way1BR,1BA$1.17
Addison Park Apartments2 Bedroom 1 Bathroom2BR,1BA$1.10
Villages of Hikes Point2B/1BA2BR,1BA$1.09
3209 Orchard Manor Cir, Unit 13209 Orchard Manor Cir2BR,1BA$1.16
Ashbury Ridge2 Bedroom2BR,1BA$1.13

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 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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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.

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Pet Friendly Lifestyle
St Matthews, KY

Ranked #11

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about St Matthews

What type of rentals are currently available in St Matthews?

There are currently 547 Apartments for Rent in St Matthews, KY with pricing that ranges from $700 to $4,365. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in St Matthews ranging from $790 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 $790 to $8,000 with an average monthly rent of $2,193.

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 $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,695.

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

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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

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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.

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

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.

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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.

Articles, How-To's, and Tips

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.