Apartments Under $700 in Louisville, KY

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$475 - 533
201 York Street Louisville, KY
Studio - 1 BR | Ask for Availability
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Section 8
$595
105 Fenley Ave Louisville, KY
1 BR | Available Now
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Section 8
$559
2009 Crums Lane Louisville, KY
2 BR | Ask for Availability
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Section 8
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Apartments Under $700 in Louisville, KY: November Rental Information

Welcome to the November 2026 Louisville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 $1,100, with the majority falling between $700 and $1,590. Out of the 3,956 one-bedroom apartments currently on the market in Louisville, 146 are priced below $700, accounting for 4% of the total available one-bedroom units in Louisville.

Available Apartments Under $700: Louisville vs. Surrounding Areas

Louisville, KY
New Albany, IN
65
3
The chart above provides a snapshot of the number of available apartments in Louisville, KY and surrounding cities for under $700. As of November 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 74 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 November M/M % Change
Louisville, KY 66 +1.01%
New Albany, IN 3 +1.06%
Clarksville, IN 1 +1.0%
Jeffersontown, KY 1 +1.0%
Shelbyville, KY 0 0.0%

Looking for Apartments Under $700 in Louisville?

Available apartments under $700 1,836
Top amenities Dishwasher, Refrigerator, Walk In Closets, Off Street Parking, Pet Friendly Community
Deals 57
Pet friendly 210
Utilities included 28
Furnished 16
Studio 28
1 Bedroom 168
2 Bedroom 69
Square footage 288 - 1,367

Where are Louisville Apartments Under $700?

Top Neighborhoods Old louisville, Wilder park, South louisville, East main, Limerick
Old Louisville 11
Wilder Park 2
South Louisville 2
East Main 1
Limerick 1