Cheap Apartments for Rent in 40245
43 rentals
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Use arrow keys to navigatePET FRIENDLY$1,301 - $2,577/mo
1-3 Beds
1-2 BathsThe Ivy Apartment Homes | 3300 Altabrook Dr,
Louisville, KY 40245
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,421 - $2,711/mo1-3 Beds1-2 BathsThe Terra Apartment Homes | 13645 Elanna Ave,
Louisville, KY 40245
SPECIAL OFFERPET FRIENDLY$1,501 - $2,297/mo1-3 Beds1-2 BathsClaiborne Crossing Apartments | 14601 Pulpit Dr,
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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,550 |
| Nov 2025 | $2,655 |
| 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 |
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 | $1,346 | $1,480 | $2,258 | $2,795 | $2,295 |
| Townhomes | — | $1,795 | $1,425 | — | $1,795 |
| Apartments and Condos | — | $1,480 | — | — | $1,480 |
| Houses | — | $1,725 | $2,200 | $2,795 | $2,750 |
Frequently Asked Questions about Rentals in 40245
- What is the average rent of an apartment in 40245?The average rent of an apartment in 40245 is $1,552 per month. This is about 20% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40245?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $2,280 per month.
- How many cheap apartments are available in 40245?There are 22 apartments to rent that are cheaper than the city’s average rent of $2,295.
- When is the average rent most expensive in 40245?In the last year, the average rent in 40245 was highest in Jul 2025 when it was $2,750 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40245?The average rent of a 1 bedroom apartment in 40245 is $1,346 per month. That is about $410 more than the cost of a studio apartment.
- What are some cities near 40245?Some nearby cities include: Pewee Valley, Crestwood, Simpsonville, Orchard Grass Hills, Buckner, Prospect. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40245 - 226 Rentas | Trulia