Save This Search

Apartments for Rent in Louisville, KY under $700

46 Rentals Available
  • a living room with a couch and two chairs
    18
    Today

    3715 Saint Michael Church Drive, Louisville, KY 40220
    1 BED Ask for Pricing
  • A black and white image of a city skyline with the words "Broadway Management Group" written below it.
    Today

    807 Highwood Drive, Louisvile, KY 40206
    2 BEDS $545
  • A black and white image of a city skyline with the words "Broadway Management Group" written below it.
    7
    Today

    2505 Lindsay Avenue Unit 16, Louisville, KY 40206
    1 BED $625
  • A black and white image of a city skyline with the words "Broadway Management Group" written below it.
    Today

    Z358 North 42Nd Street, Louisville, KY 40212
    9 BEDS $587
  • a small kitchen with a stove and a refrigerator
    99
    Today

    2233 South Preston Street, Louisville, KY 40217
    1 BED $575+
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • a white and brick house with a front porch
    17
    Today

    3647 Taylor Boulevard, Louisville, KY 40215
    1 BED $475
    2 BEDS $650
  • A red brick house with a porch and a small garden in front.
    7
    Today

    1114 South 1St Street, Louisville, KY 40203
    1 BED $595
  • a building with green windows and a tree in front of it
    23
    Today

    1027 South 4Th Street, Louisville, KY 40203
    1 BED $595
  • a sidewalk in front of a brick building
    83
    Today

    1361 South Floyd Street, Louisville, KY 40208
    1 BED $500
  • the building where the hotel is located
    Today

    4501 South 6Th Street Unit 33, Louisville, KY 40214
    1 BED $650
  • a living room with a couch and two tables
    21
    Today

    1041 S Preston St, Louisville, KY 40203
    STUDIO $650
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
  • A kitchen with a white stove and refrigerator.
    7
    Today

    1501 E Breckinridge St., Louisville, KY 40204
    2 BEDS $695
  • A red brick building with a green bush in front.
    7
    Today

    4120 Garland Ave., Louisville, KY 40211
    2 BEDS $700
  • A kitchen with a stove, oven, and microwave.
    28
    Today

    2410 Elliot Avenue, Louisville, KY 40211
    2 BEDS $425+
  • A kitchen with black cabinets and a white countertop.
    8
    Today

    2733 West Market Street, Louisville, KY 40212
    1 BED $479+
  • an open living room with white furniture and a tv
    117
    Today

    4860 Fegenbush Lane, Louisville, KY 40228
    STUDIO $650
  • a living room with white furniture and a tv
    113
    Today

    4860 Fegenbush Ln #1, Lousiville, KY 40228
    STUDIO $650
  • A kitchen with white appliances and cabinets.
    Today

    4116 W Broadway, Louisville, KY 40211
    1 BED $650
  • The image shows a logo with the text "ISRACAP PROPERTIES MANAGEMENT".
    13
    Today

    4030 Taylor Blvd, Lousiville, KY 40215
    1 BED $500
  • 1309 Dixie Hwy 1 Bed Apartment for Rent
    33
    Today

    1309 Dixie Hwy, Louisville, KY 40210
    1 BED $400+
  • The image shows a logo with the text "ISRACAP PROPERTIES MANAGEMENT".
    Today

    211 W. Evelyn Ave, Louisville, KY 40214
    STUDIO $525+
  • The image shows a logo with the text "ISRACAP PROPERTIES MANAGEMENT".
    Today

    531 West Whitney Avenue, Louisville, KY 40215
    STUDIO $525+
  • a logo for a property management company
    14
    Today

    1009 South 28Th Street, Louisville, KY 40211
    3 BEDS $450
  • 2703 Slevin Street 1 Bed Apartment for Rent
    8
    Today

    2703 Slevin Street, Louisville, KY 40212
    1 BED $475
  • 7945 3Rd Street Rd 1 Bed Apartment for Rent
    Today

    7945 3Rd Street Rd, Louisville, KY 40214
    1 BED $690+
25-0-city
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Getting around in Louisville, KY

17 /100
Car-Dependent
35 /100
Some Transit
38 /100
Somewhat Bikeable
Walk Score®: 17, Transit Score®: 35, Bike Score®: 38

Frequently asked questions

When were prices and availability in Louisville, KY last updated?

Prices and availability in Louisville, KY were last updated on 17 Nov 2025.

What are the best apartments in Louisville, KY?

The best apartments in Louisville, KY are: Waterford Place, Station JTown, Stonewater Apartments, Park Place Apartments and Enclave at Breckenridge.

What type of rental buildings are in Louisville, KY?

In Louisville 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 10% of Louisville’s apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.

Renting apartments in Louisville, KY under $500

Searching for apartments for rent in Louisville, KY under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Louisville, KY, where the average rent is $481 per month, there are 14 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Louisville, KY. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Louisville, KY going for $400 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!