Cheap Apartments for Rent in 40214
145 rentals
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Studio-2 Beds
1 BathGables at Stoneridge | 2101 Cardinal Woods Dr,
Louisville, KY 40214
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PET FRIENDLY$875 - $950/mo1-2 Beds1 BathCardinal Hill Apartments | 7329 Saint Andrews Church Rd,
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 Nov 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,000 |
| Jan 2026 | $969 |
| Feb 2026 | $1,048 |
| Mar 2026 | $1,000 |
| Apr 2026 | $1,050 |
| May 2026 | $1,049 |
| Jun 2026 | $1,100 |
| Jul 2026 | $1,080 |
| Aug 2026 | $1,050 |
| Sep 2026 | $1,025 |
| Oct 2026 | $1,050 |
| Nov 2026 | $1,050 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,075 | $1,425 | $1,695 | $1,050 |
| Townhomes | $900 | $1,050 | $1,600 | — | $1,000 |
| Apartments and Condos | $825 | $1,100 | $1,400 | — | $950 |
| Houses | $1,200 | $1,178 | $1,530 | $1,695 | $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 $921 per month. This is about 52% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40214?Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,000 per month.
- How many cheap apartments are available in 40214?There are 76 apartments to rent that are cheaper than the city’s average rent of $1,050.
- 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 $150 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 40214 - 269 Rentas | Trulia