Cheap Apartments for Rent in 40245
46 rentals
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Use arrow keys to navigatePET FRIENDLY$1,271 - $1,626/mo
1-2 Beds
1-2 BathsThe Ivy Apartment Homes | 3300 Altabrook Dr,
Louisville, KY 40245
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,304 - $1,968/mo1-3 Beds1-2 BathsClaiborne Crossing Apartments | 14601 Pulpit Dr,
Louisville, KY 40245
SPECIAL OFFERPET FRIENDLY$1,327 - $2,492/mo1-3 Beds1-2 BathsThe Terra Apartment Homes | 13645 Elanna Ave,
Louisville, KY 40245
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Average Rent Trends in 40245
Rent in 40245 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $2,550 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,500 |
| Mar 2026 | $2,595 |
| Apr 2026 | $2,785 |
| May 2026 | $2,695 |
| Jun 2026 | $2,600 |
| Jul 2026 | $2,549 |
| Aug 2026 | $2,353 |
| Sep 2026 | $2,246 |
| Oct 2026 | $2,200 |
| Nov 2026 | $2,300 |
Average Rent By Bedroom and Home Type
In November 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 | $1,327 | $1,536 | $2,300 | $2,800 | $2,350 |
| Townhomes | — | $1,225 | — | — | $1,225 |
| Apartments and Condos | — | $1,555 | — | — | $1,555 |
| Houses | $1,500 | — | $2,350 | $2,800 | $2,795 |
Frequently Asked Questions about Cheap Apartments for rent in 40245
- How many cheap apartments are for rent in 40245?Trulia currently lists 263 cheap apartments for rent in 40245.
- How much do cheap apartments in 40245 rent for?Rents for cheap apartments in 40245 range from $999 to $4,650 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 40245, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 40245?This page sorts apartments in 40245 from lowest rent up, starting at $999 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 40245 - 245 Rentas | Trulia