Cheap Apartments for Rent in 40229
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,079 - $1,795/mo
1-3 Beds
1-2 BathsThe Willard at Preston Crossing | 9500 Golders Green Cir,
Louisville, KY 40229
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SPECIAL OFFERPET FRIENDLY$1,250 - $1,550/mo1-2 Beds1-2 BathsThe Rickhouse Collective | 9305 Smyrna Pkwy,
Louisville, KY 40229
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Average Rent Trends in 40229
Rent in 40229 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,495 |
| Nov 2025 | $1,750 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,514 |
| Feb 2026 | $1,550 |
| Mar 2026 | $1,625 |
| Apr 2026 | $1,500 |
| May 2026 | $1,505 |
| Jun 2026 | $1,480 |
| Jul 2026 | $1,490 |
| Aug 2026 | $1,480 |
| Sep 2026 | $1,463 |
Average Rent By Bedroom and Home Type
In October 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 | $1,186 | $1,390 | $1,712 | $2,250 | $1,480 |
| Townhomes | — | $1,490 | $1,900 | — | $1,490 |
| Apartments and Condos | $1,270 | $1,390 | $1,099 | — | $1,390 |
| Houses | — | $650 | $1,795 | $2,250 | $1,900 |
Frequently Asked Questions about Rentals in 40229
- What is the average rent of an apartment in 40229?The average rent of an apartment in 40229 is $1,282 per month. This is about 34% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40229?Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,495 per month.
- How many cheap apartments are available in 40229?There are 75 apartments to rent that are cheaper than the city’s average rent of $1,480.
- When is the average rent most expensive in 40229?In the last year, the average rent in 40229 was highest in Apr 2025 when it was $1,820 per month.
- What are some cities near 40229?Some nearby cities include: Hunters Hollow, Pioneer Village, Hebron Estates, Hillview, Fox Chase, Shepherdsville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40229 - 234 Rentas | Trulia