2 Hours Ago
Highlights
Pet Friendly
Location
8923 Preston Hwy, Louisville, KY 40219, USA|Okolona
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Property Overview
Preston Valley Apartments has received a strong overall rating of 8.4 out of 10 from Zumper, reflecting its high value and competitive pricing. With impressive amenities and an excellent location rated at 9 out of 10, it offers convenience and an enhanced quality of life. Additionally, its transparency and reliability are reinforced by a trustworthiness rating of 7, making it a standout choice for those considering rental options in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Dishwasher
- Images Available
Great for
Pet owners
Floor plans
| 1 Bedroom Apartment at Preston Highway - Where Style Meets Comfort! | 1 bed | 1 bath | 659 sqft | $1,125 /mo | 1 unit available | ||
| 2 Bedroom Apartment at Preston Highway - Where Style Meets Comfort! | 2 bed | 2 bath | 1,005 sqft | $1,415 /mo | 1 unit available |
Let's explore this property.
Amenities for Preston Valley Apartments
Apartment Amenities
| Dryer |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Stove |
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 48 |
|---|
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About Preston Valley Apartments
Preston Valley Apartments cost $1,125–$1,415 per month. Located at 8923 Preston Hwy, Louisville, KY 40219, USA, Preston Valley Apartments has 1 — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Louisville, renting an apartment at Preston Valley Apartments is 13% more expensive per month.Other apartment buildings in or around Louisville include but are not limited to: 1244 S 4th St, 1797 Wilart Drive, 1014 Jefferson View Way, 1235 S 3rd St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, Preston Valley Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Preston Valley Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Preston Valley Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Preston Valley Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Preston Valley Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Preston Valley Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Preston Valley Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Preston Valley Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Reviews from the web
Showing 5 highest rated
Love living here quiet n clean
Amelia Chillon
Jun 15, 2023
Amazing
Gary Arnold
Dec 23, 2023
We’re sharing just 5 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
Preston Valley Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Preston Valley Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
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Rent trends in Okolona
1-bedroom apartments here are priced 18% higher than 1-bedrooms in Okolona.
If you decide to upgrade your space, you can expect 2-bedrooms at Preston Valley Apartments to be 12% more than the average for similarly sized apartments in Okolona.
Median rents as of Dec 6 2025.
Okolona
Louisville
| Month | Median Rent |
|---|---|
| December 2023 | $1,048 |
| January 2024 | $1,049 |
| February 2024 | $1,025 |
| March 2024 | $1,032 |
| April 2024 | $1,099 |
| May 2024 | $1,086 |
| June 2024 | $1,101 |
| July 2024 | $1,136 |
| August 2024 | $1,125 |
| September 2024 | $1,117 |
| October 2024 | $1,118 |
| November 2024 | $1,114 |
| December 2024 | $1,097 |
| January 2025 | $1,089 |
| February 2025 | $1,088 |
| March 2025 | $1,026 |
| April 2025 | $1,028 |
| May 2025 | $1,050 |
| June 2025 | $1,058 |
| July 2025 | $1,069 |
| August 2025 | $1,075 |
| September 2025 | $1,092 |
| October 2025 | $1,057 |
| November 2025 | $1,072 |
| December 2025 | $1,076 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,001 |
| January 2024 | $1,126 |
| February 2024 | $1,162 |
| March 2024 | $1,114 |
| April 2024 | $1,027 |
| May 2024 | $1,025 |
| June 2024 | $1,083 |
| July 2024 | $1,107 |
| August 2024 | $1,113 |
| September 2024 | $1,102 |
| October 2024 | $1,108 |
| November 2024 | $1,031 |
| December 2024 | $1,002 |
| January 2025 | $1,092 |
| February 2025 | $1,125 |
| March 2025 | $1,105 |
| April 2025 | $1,158 |
| May 2025 | $1,036 |
| June 2025 | $1,106 |
| July 2025 | $1,034 |
| August 2025 | $1,011 |
| September 2025 | $988 |
| October 2025 | $991 |
| November 2025 | $967 |
| December 2025 | $950 |
Affordability calculator
Can I afford to live at 8923 Preston Hwy?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$45,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $45,000 annually to afford this 1-bedroom monthly rent price of $1,125.
For more information on rent affordability, visit our rent calculator.
Schools near Preston Valley Apartments
Blake Elementary School
3801 bonaventure blvd
louisville, KY, 40219
PK, K-5Public
C-
George Unseld Early Childhood Center
5216 ilex ave
louisville, KY, 40213
PKPublic
Georgia Chaffee Teenage Parent Program
1010 neighborhood pl
fairdale, KY, 40118
PK, 6-12Public
B-
Binet School
3410 bon air ave
louisville, KY, 40220
K-12Public
Peace Academy
2020 newburg rd
louisville, KY, 40205
PK, K-12Public
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Internet available near Preston Valley Apartments
Neighborhood
Okolona | Louisville, KY
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Louisville near 8923 Preston Hwy
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 8923 Preston Hwy, Louisville
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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