How much is the average rent in Louisville, KY for 1-bedroom and 2-bedroom apartments?

Louisville's rental market in 2025 shows one-bedroom apartments averaging around $1,000 per month, while two-bedroom units average around $1,200 monthly. Both bedroom types experienced year-over-year declines, with one-bedrooms dropping 6.2% and two-bedrooms falling 4.8% from the previous year.

Are rents going up or down in Louisville, KY?

Rents in Louisville, KY have experienced a modest increase in 2024, with a 0.45% rise in average monthly rents. However, 1-bedroom rents have decreased slightly by 0.98%, while 2-bedroom rents have increased by 1.73%.

When is the best time to look for an apartment in Louisville, KY?

December offers the best rental opportunities in Louisville with the lowest prices of the year, providing approximately 2.5% savings compared to peak September pricing. December also represents the least competitive period with reduced demand relative to supply, while March and April see the highest competition when demand outpaces available inventory.

What are the best neighborhoods to rent an apartment in Louisville, KY?

Louisville's Central Business District, Phoenix Hill, Jackson, and Smoketown offer vibrant social scenes with high walk scores and abundant restaurants. For pet owners, Hawthorne, Phoenix Hill, Gardiner Lane, and Bon Air provide welcoming environments with pet amenities and outdoor spaces for daily exercise.

What areas of Louisville, KY are best for budget-conscious renters?

Russell offers the most affordable rentals with one-bedroom apartments at around $630 monthly, 37% below the city median. South Louisville provides one-bedroom units at around $760 per month, 24% lower than average, while Park Hill and Old Louisville offer budget-friendly options at around $770 and $850 respectively.

Are there pet-friendly apartments in Louisville, KY?

Louisville welcomes pets with 57% of rental listings offering pet-friendly policies. Hawthorne, Phoenix Hill, Gardiner Lane, and Bon Air neighborhoods specifically cater to pet owners with amenities like pet waste stations, dedicated pet spaces, and access to dog parks for daily exercise.

Are utilities usually included in rent in Louisville, KY?

Utilities are rarely included in Louisville rentals, appearing in less than 1% of all listings across bedroom types. One-bedroom and studio apartments show the highest rate at 0.04% of listings, while larger units like three-bedrooms include utilities in only 0.01% of available properties.

Are most apartments in Louisville, KY largely older buildings or new developments?

Louisville's rental market features predominantly ranch-style homes at 62.6% of available properties, reflecting post-war American architecture from the 1930s onward. Cape Cod homes represent 11.6% of the market with their colonial New England origins, while bungalow-style properties make up 8.4% with early 20th-century craftsman details.

Cheap Apartments for Rent in Louisville, KY

439 rentals

Income restricted

Age restricted

3d ago

8.5

Very good

Verified

Most Blessed Sacrament

1128 Berry Boulevard, Louisville, KY 40215

Affordable | Dishwasher | On-site management

1 bed

1 bath

$350

Apartment for rent

Top amenities

Dishwasher

Elevator

Microwave

On-Site Laundry

On-Site Management

Call

Income restricted

Age restricted

3d ago

8.7

Very good

Verified

St Denis

4209 Cane Run Road, Louisville, KY 40216

Affordable | Dishwasher | Air conditioning

1 bed

1 bath

$350

Apartment for rent

Top amenities

Air Conditioning

On-Site Laundry

Call

Income restricted

Age restricted

3d ago

8.5

Very good

Verified

St Cecilia

2530 Slevin Street, Louisville, KY 40212

Affordable | Elevator | On-site laundry

1 bed

1 bath

$350

Apartment for rent

Top amenities

On-Site Laundry

Call

1d ago

Cheap Parkland house for rent in Louisville

3 Bedroom Pet-Friendly Home in Louisville, KY with Main Street Renewal

2913 Dumesnil St #3, Louisville, KY 40211

Affordable | Swimming pool

3 beds

1 bath

$740

House for rent

2137 Saint Johns Pl #2137 - Photo 1 of 1

5d+ ago

Cheap Algonquin apartment for rent in Louisville

2137 Saint Johns Pl #2137, Louisville, KY 40210

Affordable | On-site laundry

2 beds

1 bath

$745

Apartment for rent

Available May 20

Top amenities

On-Site Laundry

2d ago

8.1

Very good

4600 Southern Parkway

4600 Southern Pkwy, Louisville, KY 40214

Affordable | Storage

2 beds

1 bath

$749–$1,399

Apartment for rent

Nearby rental good for eco-living

$350

1128 Berry Boulevard

Nearby rental good for pet owners

$799

902 Sinclair StreetApt 3 #3

3d ago

8.4

Very good

1122 Larchmont Ave

1122 Larchmont Ave, Louisville, KY 40215

Affordable

2 beds

1 bath

$750

Apartment for rent

5d+ ago

Cheap St. Dennis apartment for rent in Louisville

Saddlebrook Apartments

4915 Saddlebrook Ln #8, Louisville, KY 40216

Affordable | In-unit laundry

2 beds

1 bath

$750

Apartment for rent

Available Apr 30

Top amenities

In-Unit Laundry

On-Site Laundry

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5d+ ago

Cheap Park Hill house for rent in Louisville

1438 South 7th Street - 1

1438 South 7th Street #1, Louisville, KY 40208

Affordable

2 beds

1 bath

$750

House for rent

Available Jul 5

5d+ ago

Cheap Shawnee house for rent in Louisville

669 South 35th Street - 1

669 S 35th St #1, Louisville, KY 40211

Affordable

2 beds

2 baths

$750

House for rent

Available May 20

Find sweet deals in Louisville

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$745

2137 Saint Johns Pl #2137

$749

4600 Southern Pkwy

$750

4915 Saddlebrook Ln #8

$750

1438 South 7th Street #1

5d+ ago

Cheap Park Hill house for rent in Louisville

1525 West Ormsby Avenue - 1

1525 W Ormsby Ave #1, Louisville, KY 40210

Affordable

2 beds

1 bath

$750

House for rent

Available Oct 31

8h ago

9.5

Excellent

Verified

Heritage Green

5103 South 1st Street, Louisville, KY 40214

Affordable | Business center

1–3 beds

1 bath

$754–$1,068

Apartment for rent

Call

5d+ ago

8.5

Very good

4904 Saddlebrook Lane

4904 Saddlebrook Ln, Louisville, KY 40216

Affordable

2 beds

1 bath

$765

Apartment for rent

1d ago

Cheap Portland apartment for rent in Louisville

Affordable | Storage

2 beds

1 bath

$775

Apartment for rent

1d ago

Cheap Parkland house for rent in Louisville

2 Bedroom Pet-Friendly Home in Louisville, KY with Main Street Renewal

2724 Garland Ave #202, Louisville, KY 40211

Affordable | Storage | Swimming pool

2 beds

1 bath

$795

House for rent

2d ago

7.9

Very good

The Lofts at Pinecroft

4115 Pinecroft Dr, Louisville, KY 40219

Affordable

2 beds

1 bath

$795

Apartment for rent

5d+ ago

Cheap apartment for rent in Louisville

Affordable | On-site management | Business center

2 beds

1 bath

$850

$795

Price drop

Apartment for rent

Available May 8

Top amenities

On-Site Management

902 Sinclair StreetApt 3 #3 - Photo 1 of 1

5d+ ago

Cheap Fairdale apartment for rent in Louisville

Sinclair902 (WOA) - 3

902 Sinclair StreetApt 3 #3, Louisville, KY 40118

Affordable | Central heat | Air conditioning

2 beds

1 bath

$799

Apartment for rent

Available Mar 31

17h ago

Cheap apartment for rent in Louisville

6508 Hackel Dr

6508 Hackel Dr, Louisville, KY 40258

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$800

Apartment for rent

Top amenities

In-Unit Laundry

2d ago

8.3

Very good

4405 Landside Drive

4405 Landside Dr, Louisville, KY 40220

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$800

Apartment for rent

Top amenities

In-Unit Laundry

4d ago

8.8

Very good

44th Street Apts.

647 S 44th St, Louisville, KY 40211

Affordable

2 beds

1 bath

$800

Apartment for rent

4d ago

7.9

Very good

415 Belgravia Ct

415 Belgravia Ct, Louisville, KY 40208

Affordable

2 beds

1 bath

$800

Apartment for rent

5d+ ago

Cheap Portland house for rent in Louisville

2549 Slevin Street - 1

2549 Slevin Street #1, Louisville, KY 40212

Affordable | Central heat

2 beds

1.5 baths

$800

House for rent

Available Oct 31

5d+ ago

Cheap Park Hill house for rent in Louisville

1854 West Ormsby Avenue - 1

1854 W Ormsby Ave #1, Louisville, KY 40210

Affordable | Central heat

2 beds

2 baths

$800

House for rent

Available Mar 1

5d+ ago

Cheap Portland house for rent in Louisville

524 North 29th Street - 1

524 N 29th St #1, Louisville, KY 40212

Affordable | Central heat

3 beds

2 baths

$800

House for rent

Available Sep 30

1d ago

Cheap Park Duvalle house for rent in Louisville

3 Bedroom Pet-Friendly Home in Louisville, KY with Main Street Renewal

1439 Beech St #1, Louisville, KY 40211

Affordable | Storage | Swimming pool

3 beds

1.5 baths

$820

House for rent

4d ago

Very good

Laurel at the Woodlands

3724 Woodland Mills Dr, Louisville, KY 40216

Affordable

1–3 beds

1–2 baths

$828–$1,550

Apartment for rent

2d ago

8.3

Very good

Eleven Oaks Apartments

5546 Indian Oaks Cir, Louisville, KY 40219

Affordable

1–3 beds

1 bath

$837–$1,180

House for rent

River Breeze South Apartments - Photo 1 of 1

Highly rated

1d ago

8.8

Very good

River Breeze South Apartments

11315 Breeze Cir, Louisville, KY 40272

Affordable | On-site laundry | Fitness center

1–2 beds

1–2 baths

$850–$1,150

Apartment for rent

Top amenities

On-Site Laundry

1d ago

8.8

Very good

Navaho Apartments

648 S 37th St, Louisville, KY 40211

Affordable | In-unit laundry | Hardwood floor

2–3 beds

1 bath

$850–$1,095

Apartment for rent

Top amenities

In-Unit Laundry

2d ago

8.5

Very good

527 S 20th St

527 S 20th St, Louisville, KY 40203

Affordable

2 beds

1 bath

$850

Apartment for rent

4d ago

Very good

4206 Billtown Rd

4206 Billtown Rd, Louisville, KY 40299

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$850

Apartment for rent

Top amenities

In-Unit Laundry

The Kensington of Louisville - Photo 1 of 1

5d+ ago

8.6

Very good

The Kensington of Louisville

6100 Ledgewood Pkwy, Louisville, KY 40214

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$850

Price drop

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

7.9

Very good

Terrier Court 2303

2303 Terrier Ct, Louisville, KY 40218

Affordable

2 beds

1 bath

$850

Apartment for rent

5d+ ago

Cheap apartment for rent in Louisville

Affordable | On-site management | Business center

2 beds

1 bath

$850

Apartment for rent

Available May 12

Top amenities

On-Site Management

5d+ ago

Cheap Russell house for rent in Louisville

2300 W Madison St, Louisville, KY 40211

Affordable | Air conditioning

2 beds

1 bath

$850

House for rent

5d+ ago

Cheap Shawnee apartment for rent in Louisville

4143 W Market St #2, Louisville, KY 40212

Affordable | On-site management | Carpet

2 beds

1 bath

$850

Apartment for rent

Available Mar 26

Top amenities

On-Site Management

5d+ ago

Cheap Russell house for rent in Louisville

421 S 27th St, Louisville, KY 40212

Affordable | Outdoor space

2 beds

1 bath

$850

House for rent

5d+ ago

Cheap Parkland apartment for rent in Louisville

701 Hazel St #3, Louisville, KY 40211

Affordable | On-site management | Business center

2 beds

1 bath

$850

Apartment for rent

Available Feb 4

Top amenities

On-Site Management

5d+ ago

Cheap Old Louisville apartment for rent in Louisville

1361 S Brook St #2, Louisville, KY 40208

Affordable | In-unit laundry | Furnished

2 beds

1 bath

$850

Apartment for rent

Top amenities

In-Unit Laundry

1d ago

8.5

Very good

3421 Shanks Lane

3421 Shanks Ln, Louisville, KY 40216

Affordable

2 beds

1 bath

$858

Apartment for rent

Income restricted

4d ago

8.3

Very good

Carpenter Apartments

3524 Georgetown Cir, Louisville, KY 40215

Affordable | On-site laundry

1–3 beds

1 bath

$865–$1,350

Apartment for rent

Top amenities

On-Site Laundry

12h ago

7.7

Very good

8606 STANDING OAK DR

8606 Standing Oak Dr, Louisville, KY 40258

Affordable

2 beds

1 bath

$875

Apartment for rent

2d ago

7.7

Very good

PrestonView

8306 Prestonview Ln, Louisville, KY 40219

Affordable

2 beds

1 bath

$875

Apartment for rent

3204 Orchard Manor Cir #3 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Louisville

3204 Orchard Manor Cir #3, Louisville, KY 40220

Affordable | On-site management | Package service

2 beds

1 bath

$875

Apartment for rent

Available May 12

Top amenities

On-Site Management

3206 Orchard Manor Cir #7 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Louisville

Affordable | On-site management | Package service

2 beds

1 bath

$875

Apartment for rent

Available May 29

Top amenities

On-Site Management

5d+ ago

Cheap apartment for rent in Louisville

APARTMENT - Louisville, KY

3217 Fordhaven Rd #5, Louisville, KY 40214

Affordable | In-unit laundry

2 beds

1 bath

$875

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap house for rent in Louisville

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$879

House for rent

Available Mar 20

Top amenities

In-Unit Laundry

On-Site Laundry

1d ago

Cheap Parkland house for rent in Louisville

2634 Garland Ave #B, Louisville, KY 40211

Affordable | Storage | Swimming pool

3 beds

1 bath

$895

House for rent

2d ago

8.3

Very good

2906 Noe Ct

2906 Noe Ct, Louisville, KY 40220

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$895

Apartment for rent

Top amenities

Carpet

In-Unit Laundry

Storage

Showing 1 - 50 of 293 results

Home > Apartments in Louisville > Louisville Cheap Apartments For Rent

Updated: May 30, 2026

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