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Cheap Apartments for Rent in Louisville, KY - 201 Rentals available

Apartments Under $500

Apartments Under $600

  • Apartment
    4603 Roxann Blvd., Louisville, KY 40218
    $599 - $849
    • Studio-2 Beds
    • 1-2 Baths
    Elon Management
    Available Today!
    (502) 410-4346

Apartments Under $700

Apartments Under $800

Apartments Under $900

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Louisville, KY Demographics

  • Total Population738,336
  • Female 356,791
    Male 381,544
  • Median Age37

Average Rent in Louisville, KY

  • Louisville, KY Average Rental Price, December 2019 $965 /mo

    Louisville, KY Apartment Rent Ranges

    • < $5001%
    • $501-$70013%
    • $701-$1,00054%
    • $1,001-$1,50027%
    • $1,501-$2,0003%
    • > $2,0002%

    Louisville, KY Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
    Louisville, KY $875 $881 $897 $898 $897 $924 $925 $939 $972 $964 $965
    National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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    Average rent is projected to grow by 3% in 2019 compared to 2018.

    Please note that projected rent growth is calculated at city level.

    Check out the average rent prices in Louisville by neighborhood.

    Louisville, KY Households

    • Total Number of Households298,553
    • Family 178,224
      Non-family 120,329
    • Children 85,371
      No Children 213,182
    • Average People Per Household2.5
    • Median Household Income$51,398
    • Median Housing Costs Per Month$871

    Louisville, KY Education Statistics

    • No High School3%
    • Some High School35%
    • Some College26%
    • Associate Degree7%
    • Bachelor Degree17%
    • Graduate Degree11%

    Looking for a cheap apartment for rent in Louisville, KY? With RENTCafé, finding an affordable apartment in Louisville, KY has never been easier. We feature 205 low-priced rentals directly from property managers, with rents lower than the Louisville, KY average. What is a cheap rent in Louisville, KY? The average apartment rent in Louisville is $965 per month so any rental south of $772 would be considered cheap here. On RENTCafé, Louisville, KY rents go as low as $400/mo.

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