19 Hours Ago
Location
1242 S 2nd St, Louisville, KY 40203, USA|Old Louisville
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Property Overview
1242 S 2nd St offers an excellent overall value, with a top-tier price rating and strong scores for amenities, location, and trustworthiness, indicating transparent management and a high standard of living. Residents benefit from premier property management services, walkable access to nearby areas, and a vibrant social scene with numerous restaurants and transit options within reach.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $800 /mo | 1 unit available | Newly renovated second floor unit in Old Louisville! All newer appliances and cabinetry, and beautiful wood working throughout. Enjoy the charm and convenience that Old Louisville has to offer. This unit is a few blocks away from U of L. This is a prime location to be at. Don't wait - schedule a private showing today! No pets allowed. $40 / month flat water fee. Electric is paid by residents. $30 / month flat gas fee. If your application is approved, a security deposit, 1st month's rent, and a one time $99 move in fee will be required to hold the rental, and move forward with the move in process. If you plan to move with a pet, please be sure to inquire whether or not the rental allows pets & about the non-refundable pet fee prior to applying. You can also visit our Application Process page (https www ppmky com application-process) for more information on how the process works. At Premier Property Management Services, we strive to provide an experience that is cost-effective and convenient. That’s why we offer a Resident Benefits Package (RBP) to address common headaches for our renters. Our program handles delivery of new air filters for your HVAC system, utility set up, credit building, identity theft protection, and more at a rate of $25.00/month, automatically added to every eligible property with the ability to opt-out. You will also receive rewards, including $55 worth of gift certificates, upon enrollment. More details upon application and in the flyer found in the listing photos. In addition to the RBP, Premier will provide access to a liability insurance option that meets your required insurance needs. While liability insurance is required as a part of your lease, use of this insurance provider is not required, and you are welcome to use any 3rd party provider of your choice. Lessee shall be responsible for insuring his/her/their personal property from fire, storm, theft, and/or otherwise. For the duration of the Lease, Lessee is required to maintain and provide the following minimum required insurance coverage: $100,000 Limit of Liability for Lessee’s legal liability for damage to Lessor’s property for no less than the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain or sump, and water damage. Premier Property Management Services, LLC must be listed as an additional interested party. Failure to provide proof of the required liability insurance, or upon the lapse of an existing policy, will result in coverage automatically being purchased on Lessee's behalf. Broader coverage including, but not limited to, personal property (contents), additional living expenses or liability arising out of bodily injury or property damage to any third party, etc., is recommended, but not required. Lessee may obtain Required Insurance or broader coverage from an insurance agent or insurance company of Lessee’s choice. |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About 1242 S 2nd St
If your application is approved, a security deposit, 1st month's rent, and a one time $99 move in fee will be required to hold the rental, and move forward with the move in process. If you plan to move with a pet, please be sure to inquire whether or not the rental allows pets & about the non-refundable pet fee prior to applying. You can also visit our Application Process page (https www ppmky com application-process) for more information on how the process works. At Premier Property Management Services, we strive to provide an experience that is cost-effective and convenient. That’s why we offer a Resident Benefits Package (RBP) to address common headaches for our renters. Our program handles delivery of new air filters for your HVAC system, utility set up, credit building, identity theft protection, and more at a rate of $25.00/month, automatically added to every eligible property with the ability to opt-out. You will also receive rewards, including $55 worth of gift certificates, upon enrollment. More details upon application and in the flyer found in the listing photos. In addition to the RBP, Premier will provide access to a liability insurance option that meets your required insurance needs. While liability insurance is required as a part of your lease, use of this insurance provider is not required, and you are welcome to use any 3rd party provider of your choice.
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, 1242 S 2nd St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1242 S 2nd St 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·10A 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.
1242 S 2nd St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, 1242 S 2nd St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1242 S 2nd St 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·6A 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 1242 S 2nd St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
1242 S 2nd St 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 1242 S 2nd St compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Old Louisville
1-bedroom apartments at 1242 S 2nd St cost about 6% less than the average rent price for 1-bedroom apartments in Old Louisville.
Median rents as of Apr 18 2026.
Old Louisville
Louisville
| Month | Median Rent |
|---|---|
| May 2024 | $733 |
| June 2024 | $789 |
| July 2024 | $859 |
| August 2024 | $877 |
| September 2024 | $818 |
| October 2024 | $806 |
| November 2024 | $879 |
| December 2024 | $884 |
| January 2025 | $918 |
| February 2025 | $904 |
| March 2025 | $891 |
| April 2025 | $893 |
| May 2025 | $898 |
| June 2025 | $867 |
| July 2025 | $874 |
| August 2025 | $875 |
| September 2025 | $907 |
| October 2025 | $929 |
| November 2025 | $935 |
| December 2025 | $964 |
| January 2026 | $971 |
| February 2026 | $933 |
| March 2026 | $913 |
| April 2026 | $920 |
| Month | Median Rent |
|---|---|
| May 2024 | $612 |
| June 2024 | $721 |
| July 2024 | $735 |
| August 2024 | $811 |
| September 2024 | $649 |
| October 2024 | $637 |
| November 2024 | $708 |
| December 2024 | $705 |
| January 2025 | $746 |
| February 2025 | $810 |
| March 2025 | $745 |
| April 2025 | $724 |
| May 2025 | $745 |
| June 2025 | $749 |
| July 2025 | $759 |
| August 2025 | $764 |
| September 2025 | $721 |
| October 2025 | $724 |
| November 2025 | $801 |
| December 2025 | $825 |
| January 2026 | $787 |
| February 2026 | $764 |
| March 2026 | $775 |
| April 2026 | $774 |
Affordability calculator
Can I afford to live at 1242 S 2nd St?
Bedrooms
1 bedroomRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 1242 S 2nd St
Engelhard Elementary School
1004 s first st
louisville, KY, 40203
K-5Public
C
Dawson Orman Education Center
900 s floyd st
louisville, KY, 40203
PKPublic
Pathfinder School of Innovation
900 s floyd st
louisville, KY, 40203
K-12Public
C-
Churchill Park School
435 boxley ave
louisville, KY, 40209
PK, K-12Public
Home of the Innocents Discovery
1100 east market st
louisville, KY, 40206
PK, K-12Public
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Internet available near 1242 S 2nd St
Getting around Louisville near 1242 S 2nd St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1242 S 2nd St, Louisville
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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