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Cheapest Neighborhoods In Louisville, KY For Renters

If you’re searching for a new place to live in Louisville, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Louisville neighborhoods have continued to increase over the years. Luckily, even in 2025, there are some Louisville neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Louisville for renters is sorted by lowest median rental rates compared to the Louisville average.

Population 1,262
-60%
Median Rent $354 / month
60% less expensive than Louisville
Population 1,060
-36%
Median Rent $562 / month
36% less expensive than Louisville
Population 1,361
-30%
Median Rent $616 / month
30% less expensive than Louisville
Population 2,226
-28%
Median Rent $628 / month
28% less expensive than Louisville
Population 10,201
-25%
Median Rent $657 / month
25% less expensive than Louisville
Population 2,274
-23%
Median Rent $676 / month
23% less expensive than Louisville
Population 6,845
-19%
Median Rent $712 / month
19% less expensive than Louisville
Population 9,614
-17%
Median Rent $733 / month
17% less expensive than Louisville
Population 2,724
-16%
Median Rent $738 / month
16% less expensive than Louisville
Population 8,361
-15%
Median Rent $748 / month
15% less expensive than Louisville