Apartments Under $700 in Louisville, KY

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Apartments Under $700 in Louisville, KY: June Rental Information

Welcome to the June 2026 Louisville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2026 key findings and figures for the Louisville rental landscape.

Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Louisville and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $700 in Louisville.

With this report, prospective renters can gain a comprehensive understanding of the Louisville rental market, helping them make informed decisions when searching for their next apartment. So, whether you're a student on a budget or someone looking to downsize, Rentable has got you covered in finding affordable apartments in Louisville.
0 20 40 60 80 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Louisville stands at $1,000, with the majority falling between $700 and $1,570. Out of the 4,270 one-bedroom apartments currently on the market in Louisville, 409 are priced below $700, accounting for 10% of the total available one-bedroom units in Louisville.

Available Apartments Under $700: Louisville vs. Surrounding Areas

Louisville, KY
67
The chart above provides a snapshot of the number of available apartments in Louisville, KY and surrounding cities for under $700. As of June 2026, there are a variety of affordable options in the Louisville metro area. In addition to Louisville itself, the chart also includes data for several nearby cities, such as New Albany, Clarksville, Prospect, St Regis Park, Shelbyville, Jeffersontown, Crestwood, Mount Washington, Fairdale, Simpsonville, Taylorsville, Pekin, and Jeffersonville. In total, there are 72 apartments available that meet the criteria of being under $700. This information serves as a helpful guide for renters looking for affordable housing options in the Louisville, KY area.

Apartments Under $700 Now vs. Last Month: Louisville and Surrounding Areas

City Apartments Under $700 in June M/M % Change
Louisville, KY 68 +0.99%
New Albany, IN 3 +1.06%
Jeffersontown, KY 1 -1.0%
Clarksville, IN 0 +1.0%

Looking for Apartments Under $700 in Louisville?

Available apartments under $700 2,367
Top amenities Dishwasher, Refrigerator, Walk In Closets, 24 Hour Maintenance, Pet Friendly Community
Deals 84
Pet friendly 74
Utilities included 32
Furnished 23
Studio 37
1 Bedroom 70
3 Bedroom 35

Where are Louisville Apartments Under $700?

Top Neighborhoods Old louisville, Portland, East main, Limerick, Saint joseph
Old Louisville 9
Portland 5
East Main 1
Limerick 1
Saint Joseph 1