4 Hours Ago
Highlights
- New appliances
- New plank flooring
- Newly renovated one bedroom apartment
- Central air
Location
1407 S 3rd St, Louisville, KY 40208, USA|Old Louisville
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Property Overview
1407 S 3rd presents a newly renovated one-bedroom apartment featuring new appliances and plank flooring, enhanced by central air conditioning. It has received an impressive Zumper expert rating of 8.7, indicating strong value with a perfect price rating of 10, and respected location and quality ratings of 9 and 8, respectively. Additionally, it benefits from proximity to top-rated schools, making it a notable option for renters seeking quality living near essential amenities.
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
Middle school nearby- High school nearby
Great for
Work-from-home
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $795 /mo | 1 unit available | Newly renovated One bedroom apartment, new plank flooring, new appliances and Central air. Must see this spacious studio Free Laundry in building In walking distance to UofL. Close to Spalding, downtown and Central Park |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 10 |
|---|
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About 1407 S 3rd
Newly renovated One bedroom apartment, new plank flooring, new appliances and Central air. Must see this spacious studio Free Laundry in building In walking distance to UofL. Close to Spalding, downtown and Central Park
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.
8.7
/10
Very GoodWith a solid 8.7 out of 10 overall, 1407 S 3rd is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 1407 S 3rd 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.
1407 S 3rd 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, 1407 S 3rd 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.
1407 S 3rd 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·8A 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.
Anyone looking for quality at a great value will find 1407 S 3rd to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
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.
1407 S 3rd 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.
1407 S 3rd 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 1407 S 3rd compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- High school nearby
- There is a high school 0.4 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Old Louisville
1-bedroom apartments at 1407 S 3rd cost about 4% less than the average rent price for 1-bedroom apartments in Old Louisville.
Median rents as of Jan 17 2026.
Old Louisville
Louisville
| Month | Median Rent |
|---|---|
| February 2024 | $812 |
| March 2024 | $808 |
| April 2024 | $721 |
| 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 | $972 |
| Month | Median Rent |
|---|---|
| February 2024 | $695 |
| March 2024 | $652 |
| April 2024 | $583 |
| 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 | $799 |
Affordability calculator
Can I afford to live at 1407 S 3rd 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
$31,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 1-bedroom monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.
Schools near 1407 S 3rd
Cochran Elementary School
500 west gaulbert ave
louisville, KY, 40208
K-5Public
C
Pathfinder School of Innovation
900 s floyd st
louisville, KY, 40203
K-12Public
C-
Dawson Orman Education Center
900 s floyd st
louisville, KY, 40203
PKPublic
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 1407 S 3rd
Getting around Louisville near 1407 S 3rd St
Walking
6/10
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 1407 S 3rd St, Louisville
Groceries
7/10
At least one supermarket within a 15-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
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
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 1407 S 3rd St
5 Brothers Grocery & Smokeshop
1159 S 4th St
Oak Street Food Mart
329 E Oak St
4 Point Grocery
1035 S 3rd St
Jordan Food Mart of Louisville
1203 W Hill St
Neighborhood Food Mart Inc
542 Lampton St
Turnaround Clothing LLC
1501 Bellamy Pl
Lowmain Boutique LLC
1001 Logan St
Love & Fashion
332 W Broadway
Family Dollar
790 Eastern Pkwy
G Q
728 W Broadway
Tropical Smoothie Cafe
305 W Cardinal Blvd
Starbucks
2100 S Floyd St
Starbucks
2301 S 3rd St
Consumers Choice Coffee Inc
1118 Quality Choice Pl
Good Folks Coffee Co
1151 S Shelby St
Magnolia Bar & Grill
1398 S 2nd St
Prince Hookah of Louisville
1489 S 4th St
610 Magnolia
610 W Magnolia Ave
Old Louisville Brewery
625 W Magnolia Ave
Qdoba Mexican Eats
1832 S 3rd St
The Toonerville Deli
1201 S 1st St
Cakes Cocos
501 W Oak St
Einstein Bros Bagels
2100 S Floyd St
Nord's Bakery
2118 S Preston St
Kroger Bakery
1265 Goss Ave
Magnolia
Central
Toonerville Trolley
Tooneyville Trolley Park
Preston Park
Pizza Donisi
1396 S 2nd St
Krispy Krunchy Chicken
1397 S 2nd St
Prince Hookah of Louisville
1489 S 4th St
Burger Girl Diner Inc
1450 S Brook St
The Burger Boy Restaurant
1450 S Brook St
S 2nd / W Burnett
Second Street, UPS U of L Shuttle
S 2nd / W Magnolia
UPS U of L Shuttle, Second Street
4th / Fountain Court
Fourth Street
4th / Fountain Court
Fourth Street
S 1st / W Magnolia
Second Street, UPS U of L Shuttle
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