Updated 3 Hours Ago
Highlights
- Ceiling fan
- Open space
- Laundry available
Location
1128 S 3rd St, Louisville, KY 40203, USA|Old Louisville
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Property Overview
1128 S. 3rd offers strong value with an 8.3 Zumper rating, excellent price score, and a convenient location score. It also stands out for open space, a ceiling fan, and laundry available, while nearby transit, walkability, parks, and many restaurants add to its appeal.
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
Less expensive- Elementary school nearby
- Eco-friendly trash disposal
Great for
Social life
Eco living
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $695 /mo | 1 unit available | Great studio apartment must see. Lots of windows for natural light coming through, ceiling fan, open space and great floors. Close to UofL, Spalding University, Simmons College and downtown. | ||
| 1BR/1.0BA | 1 bed | 1 bath | $695 /mo | 1 unit available | Must see this renovated one bedroom with new plank flooring, exposed brick wall, built in shelving and plenty of natural sunlight. Water and Trash is covered in the rent. Shared laundry onsite Close to U of L, Simmons College, Downtown Louisville, Central Park and restaurants |
Let's explore this property.
Amenities for 1128 S. 3rd
Appliances
| Stove and Refigerator |
Services
| Water Trash |
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
Building details
Property details
| Units | 10 |
|---|
About 1128 S. 3rd
Great studio apartment must see. Lots of windows for natural light coming through, ceiling fan, open space and great floors. Close to UofL, Spalding University, Simmons College and downtown.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 1128 S. 3rd is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1128 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.
1128 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, 1128 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.
1128 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·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 1128 S. 3rd does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
1128 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.
1128 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 1128 S. 3rd compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 miles away
- Eco-friendly trash disposal
- This property has recycling pickup
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.5 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 0.8 miles away
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Rent trends in Old Louisville
Studio apartments at 1128 S. 3rd cost about 6% less than the average rent price for studios in Old Louisville.
1-bedroom apartments here are priced 16% lower than 1-bedrooms in Old Louisville.
Median rents as of Oct 31 2026.
Old Louisville
Louisville
| Month | Median Rent |
|---|---|
| November 2024 | $891 |
| 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 | $915 |
| May 2026 | $899 |
| June 2026 | $882 |
| July 2026 | $890 |
| August 2026 | $860 |
| September 2026 | $895 |
| October 2026 | $850 |
| Month | Median Rent |
|---|---|
| November 2024 | $746 |
| 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 | $777 |
| May 2026 | $819 |
| June 2026 | $757 |
| July 2026 | $794 |
| August 2026 | $796 |
| September 2026 | $790 |
| October 2026 | $740 |
Affordability calculator
Can I afford to live at 1128 S 3rd St?
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
$27,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this studio monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.
Schools near 1128 S. 3rd
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-
Home of the Innocents Discovery
1100 east market st
louisville, KY, 40206
PK, K-12Public
Home of the Innocents School
1100 east market st
louisville, KY, 40206
K-12Public
Getting around Louisville near 1128 S 3rd 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
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1128 S 3rd St, Louisville
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
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
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