Cheap Apartments for Rent in 40202
25 rentals
- PET FRIENDLY$750 - $895/mo1-2 Beds1-2 BathsUrban Flats (Downtown Louisville) | 735 S 2nd St #220,
Louisville, KY 40202 - SPECIAL OFFERPET FRIENDLY$895 - $1,315/mo1-2 Beds1-2 BathsCrescent Centre Apartments & Townhomes | 657 S 3rd St #T0406,
Louisville, KY 40202 - PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY$1,149 - $1,982/moStudio-2 Beds1-2 Baths310 at Nulu Apartments | 310 S Hancock St #5154344,
Louisville, KY 40202 - APPLY INSTANTLY
- Total price$1,459 - $2,200/moStudio-2 Beds1-2 BathsMain & Clay | 633 E Main St #132,
Louisville, KY 40202 Save Search in 40202
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Apartments For Rent Near 40202
We found 30 more apartments matching your filters just outside 40202
- ROOM FOR RENT
- APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- $835 - $895/moStudio-1 Bed1 Bath510 W. Saint Catherine | 510 W Saint Catherine St #C,
Louisville, KY 40203
Average Rent Trends in 40202
Rent in 40202 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,304 |
| Aug 2025 | $1,500 |
| Sep 2025 | $1,550 |
| Oct 2025 | $1,416 |
| Nov 2025 | $1,350 |
| Dec 2025 | $1,684 |
| Jan 2026 | $1,514 |
| Feb 2026 | $1,533 |
| Mar 2026 | $2,250 |
| Apr 2026 | $2,400 |
| May 2026 | $2,200 |
| Jun 2026 | $1,489 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $2,188 | $3,300 | — | $1,494 |
| Apartments and Condos | $1,200 | $2,400 | $3,300 | — | $1,494 |
Frequently Asked Questions about Rentals in 40202
- What is the average rent of an apartment in 40202?The average rent of an apartment in 40202 is $1,911 per month. This is about 2% lower than the national average.
- When is the average rent cheapest in 40202?In the last year, the average rent in 40202 was lowest in Jul 2025 when it was $1,304 per month.
- When is the average rent most expensive in 40202?In the last year, the average rent in 40202 was highest in Dec 2025 when it was $1,684 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40202?The average rent of a 1 bedroom apartment in 40202 is $1,200 per month. That is about $95 less than the cost of a studio apartment.
- How many available rental listings are in 40202?There are 23 available rental listings in 40202.
- What are some cities near 40202?Some nearby cities include: Clarksville, New Albany, Jeffersonville, Louisville, Utica, Sellersburg. These cities may have more rental options to explore.