Cheap Apartments for Rent in 40218
87 rentals
Use arrow keys to navigateAPPLY INSTANTLYROOM FOR RENT
Use arrow keys to navigate
Use arrow keys to navigateAPPLY INSTANTLY
Use arrow keys to navigate
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$820 - $1,402/mo
1-3 Beds
1-2 BathsAddison Park Apartments | 2153 Goldsmith Ln #2161-20,
Louisville, KY 40218
Use arrow keys to navigateAPPLY INSTANTLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$840 - $945/mo1 Bed1 BathBreckinridge Park Apartments | 4204 Breckenridge Ln #4,
Louisville, KY 40218
PET FRIENDLY
PET FRIENDLY$845 - $1,435/moStudio-3 Beds1-2 BathsBardstown Forest | 2041 Shady Grove Way #2054,
Louisville, KY 40218
PET FRIENDLY
PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
$1,099 - $1,489/mo2-3 Beds1-2 BathsThe Hemingway | 3309 River Chase Ct #4b69c62f7,
Louisville, KY 40218
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
Save Search in 40218
40218Get emails when new homes match this search
Average Rent Trends in 40218
Rent in 40218 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,250 |
| Jul 2025 | $1,262 |
| Aug 2025 | $1,299 |
| Sep 2025 | $1,268 |
| Oct 2025 | $1,233 |
| Nov 2025 | $1,250 |
| Dec 2025 | $1,229 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,200 |
| Apr 2026 | $1,100 |
| May 2026 | $1,188 |
Average Rent By Bedroom and Home Type
In May 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 | $887 | $1,100 | $1,500 | $1,750 | $1,187 |
| Townhomes | — | $1,100 | $1,350 | — | $1,199 |
| Apartments and Condos | $850 | $1,100 | $1,565 | — | $1,100 |
| Houses | — | $1,450 | $1,800 | $1,750 | $1,800 |
Frequently Asked Questions about Rentals in 40218
- What is the average rent of an apartment in 40218?The average rent of an apartment in 40218 is $1,020 per month. This is about 47% lower than the national average.
- What is the average rent of a house in 40218?The average rent of a house in 40218 is $1,800 per month. This is about 7% lower than the national average.
- What is the average rent of a townhome in 40218?The average rent of a townhome in 40218 is $1,199 per month. This is about 38% lower than the national average.
- When is the average rent cheapest in 40218?In the last year, the average rent in 40218 was lowest in Feb 2025 when it was $1,200 per month.
- When is the average rent most expensive in 40218?In the last year, the average rent in 40218 was highest in Jan 2025 when it was $1,304 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40218?The average rent of a 1 bedroom apartment in 40218 is $887 per month. That is about $17 more than the cost of a studio apartment.
- How many available rental listings are in 40218?There are 97 available rental listings in 40218.
- What are some cities near 40218?Some nearby cities include: Louisville, Hunters Hollow, Pioneer Village, Hillview, Hebron Estates, Utica. These cities may have more rental options to explore.