Apartments Under $1,200 in Louisville, KY

Map
1 - 30 of 298 Results
30
$795 - 935
Meadows at Green Tree
4.6
1418 Marlowe Drive Clarksville, IN
1 - 2 BR | Jan. 10, 2023
Dog Friendly
Cat Friendly
24
$1,200
The Baxter
Deal
3.8
1221 E Broadway Louisville, KY
Studio | Dec. 23, 2022
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
27
$1,007 - 1,808
Meadows Apartment Homes
Deal
4.2
2204 Deercross Drive Louisville, KY
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
9
$900 - 965
Brookridge Village Apartments
4.2
9510 Ridgeside Dr Louisville, KY
2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
27
$825
Cedar Springs Apartments
3.4
9205 Cedar Springs Place Louisville, KY
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
24
$879 - 979
Beech Grove Apartments
4.0
3014 Beech Grove Court Jeffersonville, IN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Dishwasher
16
$899 - 1,179
Vue at 3rd Street
2.6
537 South 3Rd Street Louisville, KY
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
44
$964 - 1,157
Beecher Terrace Phase II
2.2
980 West Liberty Street Louisville, KY
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Pool
33
$905 - 1,075
Park Place Apartments
7500 Cranfill Way Louisville, KY
2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
36
$685 - 960
Heritage Green Apartments
5.0
5103 S 1St Str. Louisville, KY
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$670
Greenwood Place Apartments
3.6
7500 Greenwood Place Circle Louisville, KY
1 BR | Dec. 17, 2022
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
11
$1,000 - 1,100
1175 E Broadway
Louisville, KY
1 - 2 BR | Available Now
Heat Included
Air Conditioning
Storage
Dishwasher
Fireplace
51
$599 - 900
PER ROOM
& UNIT
The Marshall
4.8
2400 S 4Th St Lousiville, KY
1 - 4 BR | Available Now
Dog Friendly
Cat Friendly
Student
Air Conditioning
Covered Parking
5
$950 - 1,125
Hurstbourne Heights
3.2
7603 Downs Farm Pl #203 Louisville, KY
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Dishwasher
16
$1,059 - 1,079
Hawthorne Place Apartments
3.3
4700 Hawthorne Place Drive Louisville, KY
2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
22
$829 - 879
The Edison
Deal
3.2
1512 e 10Th St. Jeffersonville, IN
1 - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
32
$1,199
The Hemingway
3.4
3309 river Chase Ct Louisville, KY
2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Pool
$969 - 1,162
2710 Grant Line RD
New Albany, IN
1 - 3 BR | Available Now
10
$849 - 1,199
Fountain Square
Deal
2.6
3600 Fountain Drive Louisville, KY
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
27
$1,049
Starlet Square
Deal
3.4
9800 Starlet Drive #164 Fairdale, KY
2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Dishwasher
23
$949 - 1,099
Indigo At The Park
5.0
518 Iroquois Garden Dr Louisville, KY
1 - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Pool
16
$949 - 1,149
Sova
11707 Nansemond Pl Louisville, KY
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
17
$819
Madison Apartments, LLC
2.0
559 Ovo Drive Madison, IN
2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
7
$755 - 870
Bonaventure
3511 Bonaventure Blvd. Louisville, KY
2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Disability Access
31
$859 - 1,259
Rolling Hills
9100 Rainbow Springs Ct. Louisville, KY
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
22
$495 - 595
Juniper Hills
Deal
855 Louisville RD Frankfort, KY
Studio | Available Now
Air Conditioning
Surface Parking
Storage
16
$1 - 250
Belmont Court Apartments
633 Belmont Street Harrodsburg, KY
1 BR | Available Now
20
$975
The Henry Clay
604 South 3rd Street Louisville, KY
1 BR | Available Now
Dog Friendly
Cat Friendly
Student
Air Conditioning
Covered Parking
10
$996
Woodgreen Village
3751 Woodgreen Ct Louisville, KY
1 BR | Dec. 31, 2022
Senior Community
Income Restricted
Jacobs
8
$1,150
1619 Arcade Ave
Louisville, KY
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Dishwasher
Taylor Berry
1 - 30 of 298 Results
  1. Home
  2. Louisville
  3. Apartments Under $1,200

How much does it cost to rent an apartment in Louisville?

Louisville Apartments
Bed Type Average Rent Range
Studio $800 $500 - $1,210
1BR $1,020 $630 - $1,520
2BR $1,170 $730 - $1,750
3BR $1,450 $790 - $2,090
4+BR $2,000 $1,200 - $2,800

Louisville:
December Rent Report

Welcome to the December 2022 Louisville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2022 key findings and figures for the Louisville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Louisville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Louisville average rent prices in the chart below.

Monthly Rent Report

Louisville Rent Prices Decrease From November to December

Louisville rent prices decreased over the last month. From November to December, the city experienced a -0.81% decrease for the price of a one-bedroom apartment. The rent price for a Louisville one-bedroom apartments currently stands at $976.0.

When we take a look at the two-bedroom comparison from November to December, Louisville experienced a -0.26% decrease for the price of a two-bedroom apartment. The rent price for a Louisville two-bedroom apartments currently stands at $1,168.0.

December Prices: Louisville vs. Surrounding Areas

Rent Prices in Louisville and Surrounding Areas

Rent prices have decreased in Louisville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Louisville suburb increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Clarksville, IN .

  • Rents did not decrease in any of the Louisville suburbs.

  • 1 suburb is currently priced lower than the city of Louisville.

December 2022 Pricing Trends: Louisville vs. National Comparisons

Louisville Rent Prices More Affordable Than Major Cities

Rent growth in Louisville over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Louisville average rent prices appear to be relatively affordable for local residents.

The price for a Louisville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's December 2022 National Apartment Report and data set here.

For more information about Louisville and surrounding area rent prices, take a look at the complete data set below.

Data set for Louisville and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Louisville, KY $984.0 -2.28% $1,171.0 -1.18%
Clarksville, IN $834.0 4.12% $1,001.0 5.81%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.