Cheap Apartments for Rent in 40214
103 rentals
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SPECIAL OFFERPET FRIENDLY$800 - $950/mo
1-2 Beds
1-2 BathsIndigo at the Park | 518 Iroquois Gardens Dr #420,
Louisville, KY 40214
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$825 - $950/mo1-2 Beds1 BathThe Montleone Apartments | 4622-4626 Southern Pkwy #4624-109,
Louisville, KY 40214
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SPECIAL OFFERPET FRIENDLY$870 - $1,145/mo1-2 Beds1-2 BathsRenaissance St. Andrews | 3311 Renwood Blvd #3320-203,
Louisville, KY 40214
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SPECIAL OFFER$899 - $1,067/mo1-2 Beds1 BathColonial Oaks Apartments | 5011 Southside Dr #abe1e8a80,
Louisville, KY 40214
SPECIAL OFFERPET FRIENDLY$899 - $1,515/mo1-3 Beds1-2 BathsOaks at St. Andrews | 6817 Brooklawn Dr #4483d7331,
Louisville, KY 40214
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Average Rent Trends in 40214
Rent in 40214 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,000 |
| Jul 2025 | $1,084 |
| Aug 2025 | $1,009 |
| Sep 2025 | $1,050 |
| Oct 2025 | $1,068 |
| Nov 2025 | $1,009 |
| Dec 2025 | $1,000 |
| Jan 2026 | $969 |
| Feb 2026 | $1,048 |
| Mar 2026 | $1,000 |
| Apr 2026 | $1,050 |
| May 2026 | $1,049 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,100 | $1,500 | $1,812 | $1,100 |
| Townhomes | $900 | $1,050 | — | — | $900 |
| Apartments and Condos | $825 | $1,000 | $1,328 | — | $950 |
| Houses | $900 | $1,200 | $1,600 | $1,812 | $1,600 |
Frequently Asked Questions about Rentals in 40214
- What is the average rent of an apartment in 40214?The average rent of an apartment in 40214 is $996 per month. This is about 48% lower than the national average.
- What is the average rent of a house in 40214?The average rent of a house in 40214 is $1,600 per month. This is about 17% lower than the national average.
- What is the average rent of a townhome in 40214?The average rent of a townhome in 40214 is $900 per month. This is about 53% lower than the national average.
- When is the average rent cheapest in 40214?In the last year, the average rent in 40214 was lowest in Jun 2025 when it was $1,000 per month.
- When is the average rent most expensive in 40214?In the last year, the average rent in 40214 was highest in Feb 2025 when it was $1,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40214?The average rent of a 1 bedroom apartment in 40214 is $850 per month. That is about $65 more than the cost of a studio apartment.
- How many available rental listings are in 40214?There are 117 available rental listings in 40214.
- What are some cities near 40214?Some nearby cities include: Brooks, Hunters Hollow, Louisville, Pioneer Village, Hillview, Fox Chase. These cities may have more rental options to explore.