Zumper
modified
23 Hours Ago

Highlights

  • Off-street parking
  • Stainless steel appliances
  • Private deck
  • Galley kitchen
  • Onsite free laundry
  • Beautifully restored common areas

Location

1407 S 3rd St, Louisville, KY 40208, USA|Old Louisville
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Contact

Management

Sharon Landrum Realty Inc

Leasing office

(502) 893-8244

Property Overview

1407 S 3rd features off-street parking, stainless steel appliances, and a private deck, enhancing its appeal to prospective renters. With a Zumper expert rating of 8.7, it excels in price, amenities, and location, making it a prime choice for those seeking both quality and convenience. The property is verified and presents a transparent overview, while beautifully restored common areas further contribute to its notable charm.

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.

Zumper Expert Rating

8.7
Very Good
With 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.

Great for

  • Work-from-home

Floor plans

1BR/1.0BA1 bed1 bath643 sqft$780–$795 /mo2 units availableThis building has been beautifully restored. The common areas as well as the individual units have original woodwork and other details. The apartment has natural sunlight with a galley kitchen with stainless steel appliances and lots of cabinets. You can enjoy a private deck for your outdoor enjoyment. There is off-street parking and a shared yard. Tenants have access to onsite free laundry. Small dogs are excepted with some breed restrictions. Please note this is a non-smoking property

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Policies and fees

Building details

Property details

Units10
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About 1407 S 3rd

HomeApartments in LouisvilleOld Louisville 1407 S 3rd

This building has been beautifully restored. The common areas as well as the individual units have original woodwork and other details. The apartment has natural sunlight with a galley kitchen with stainless steel appliances and lots of cabinets. You can enjoy a private deck for your outdoor enjoyment. There is off-street parking and a shared yard. Tenants have access to onsite free laundry. Small dogs are excepted with some breed restrictions. Please note this is a non-smoking property


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 Good
With 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.
How we rated 1407 S 3rd
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:

Work-from-home

  • Common areas for meetings or remote work
  • Large windows for natural lighting
  • Utilities included in the rent
  • 1 internet service provider option nearby

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.

Considerations

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Rent trends in Old Louisville

1-bedroom apartments at 1407 S 3rd cost about 5% less than the average rent price for 1-bedroom apartments in Old Louisville.

Median rents as of Oct 18 2025.
Old Louisville
Louisville
A table of studio rental data trends in Louisville
MonthMedian Rent
November 2023$859
December 2023$810
January 2024$800
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$934
A table of studio rental data trends in Old Louisville
MonthMedian Rent
November 2023$540
December 2023$589
January 2024$646
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$718

Affordability calculator

Can I afford to live at 1407 S 3rd St?

Bedrooms

1 bedroom

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

$31,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,200 annually to afford this 1-bedroom monthly rent price of $780.
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

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