diff --git a/src/lightning/fabric/loggers/csv_logs.py b/src/lightning/fabric/loggers/csv_logs.py
index dd7dfc63671f0..1e43a77fb4bea 100644
--- a/src/lightning/fabric/loggers/csv_logs.py
+++ b/src/lightning/fabric/loggers/csv_logs.py
@@ -45,6 +45,9 @@ class CSVLogger(Logger):
             overwritten.
         prefix: A string to put at the beginning of metric keys.
         flush_logs_every_n_steps: How often to flush logs to disk (defaults to every 100 steps).
+        sub_dir: Sub-directory to group CSV logs. If a ``sub_dir`` argument is passed
+            then logs are saved in ``/root_dir/name/version/sub_dir/``. Defaults to ``None`` in which case
+            logs are saved in ``/root_dir/name/version/``.
 
     Example::
 
@@ -65,6 +68,7 @@ def __init__(
         version: Optional[Union[int, str]] = None,
         prefix: str = "",
         flush_logs_every_n_steps: int = 100,
+        sub_dir: Optional[_PATH] = None,
     ):
         super().__init__()
         root_dir = os.fspath(root_dir)
@@ -75,6 +79,7 @@ def __init__(
         self._fs = get_filesystem(root_dir)
         self._experiment: Optional[_ExperimentWriter] = None
         self._flush_logs_every_n_steps = flush_logs_every_n_steps
+        self._sub_dir = None if sub_dir is None else os.fspath(sub_dir)
 
     @property
     @override
@@ -117,7 +122,22 @@ def log_dir(self) -> str:
         """
         # create a pseudo standard path
         version = self.version if isinstance(self.version, str) else f"version_{self.version}"
-        return os.path.join(self._root_dir, self.name, version)
+        log_dir = os.path.join(self.root_dir, self.name, version)
+        if isinstance(self.sub_dir, str):
+            log_dir = os.path.join(log_dir, self.sub_dir)
+        log_dir = os.path.expandvars(log_dir)
+        log_dir = os.path.expanduser(log_dir)
+        return log_dir
+
+    @property
+    def sub_dir(self) -> Optional[str]:
+        """Gets the sub directory where the CSV experiments are saved.
+
+        Returns:
+            The local path to the sub directory where the CSV experiments are saved.
+
+        """
+        return self._sub_dir
 
     @property
     @rank_zero_experiment
diff --git a/src/lightning/pytorch/loggers/csv_logs.py b/src/lightning/pytorch/loggers/csv_logs.py
index 5ad7353310af4..3ccd9ab00901a 100644
--- a/src/lightning/pytorch/loggers/csv_logs.py
+++ b/src/lightning/pytorch/loggers/csv_logs.py
@@ -92,6 +92,7 @@ def __init__(
         version: Optional[Union[int, str]] = None,
         prefix: str = "",
         flush_logs_every_n_steps: int = 100,
+        sub_dir: Optional[_PATH] = None,
     ):
         super().__init__(
             root_dir=save_dir,
@@ -99,6 +100,7 @@ def __init__(
             version=version,
             prefix=prefix,
             flush_logs_every_n_steps=flush_logs_every_n_steps,
+            sub_dir=sub_dir,
         )
         self._save_dir = os.fspath(save_dir)
 
@@ -124,7 +126,12 @@ def log_dir(self) -> str:
         """
         # create a pseudo standard path
         version = self.version if isinstance(self.version, str) else f"version_{self.version}"
-        return os.path.join(self.root_dir, version)
+        log_dir = os.path.join(self.root_dir, version)
+        if isinstance(self.sub_dir, str):
+            log_dir = os.path.join(log_dir, self.sub_dir)
+        log_dir = os.path.expandvars(log_dir)
+        log_dir = os.path.expanduser(log_dir)
+        return log_dir
 
     @property
     @override
diff --git a/tests/tests_fabric/loggers/test_csv.py b/tests/tests_fabric/loggers/test_csv.py
index 08ed3990c2435..04169c20e2e17 100644
--- a/tests/tests_fabric/loggers/test_csv.py
+++ b/tests/tests_fabric/loggers/test_csv.py
@@ -91,6 +91,36 @@ def test_no_name(tmp_path, name):
     assert os.listdir(tmp_path / "version_0")
 
 
+def test_csv_log_sub_dir(tmp_path):
+    # no sub_dir specified
+    root_dir = tmp_path / "logs"
+    logger = CSVLogger(root_dir, name="name", version="version")
+    assert logger.log_dir == os.path.join(root_dir, "name", "version")
+
+    # sub_dir specified
+    logger = CSVLogger(root_dir, name="name", version="version", sub_dir="sub_dir")
+    assert logger.log_dir == os.path.join(root_dir, "name", "version", "sub_dir")
+
+
+def test_csv_expand_home():
+    """Test that the home dir (`~`) gets expanded properly."""
+    root_dir = "~/tmp"
+    explicit_root_dir = os.path.expanduser(root_dir)
+    logger = CSVLogger(root_dir, name="name", version="version", sub_dir="sub_dir")
+    assert logger.root_dir == root_dir
+    assert logger.log_dir == os.path.join(explicit_root_dir, "name", "version", "sub_dir")
+
+
+@mock.patch.dict(os.environ, {"TEST_ENV_DIR": "some_directory"})
+def test_tensorboard_expand_env_vars():
+    """Test that the env vars in path names (`$`) get handled properly."""
+    test_env_dir = os.environ["TEST_ENV_DIR"]
+    root_dir = "$TEST_ENV_DIR/tmp"
+    explicit_root_dir = f"{test_env_dir}/tmp"
+    logger = CSVLogger(root_dir, name="name", version="version", sub_dir="sub_dir")
+    assert logger.log_dir == os.path.join(explicit_root_dir, "name", "version", "sub_dir")
+
+
 @pytest.mark.parametrize("step_idx", [10, None])
 def test_log_metrics(tmp_path, step_idx):
     logger = CSVLogger(tmp_path)
diff --git a/tests/tests_pytorch/loggers/test_csv.py b/tests/tests_pytorch/loggers/test_csv.py
index 3b1e4dc91e391..a29ffe5cca4ca 100644
--- a/tests/tests_pytorch/loggers/test_csv.py
+++ b/tests/tests_pytorch/loggers/test_csv.py
@@ -89,6 +89,37 @@ def test_no_name(tmp_path, name):
     assert os.listdir(tmp_path / "version_0")
 
 
+def test_csv_log_sub_dir(tmp_path):
+    # no sub_dir specified
+    root_dir = tmp_path / "logs"
+    logger = CSVLogger(root_dir, name="name", version="version")
+    assert logger.log_dir == os.path.join(root_dir, "name", "version")
+
+    # sub_dir specified
+    logger = CSVLogger(root_dir, name="name", version="version", sub_dir="sub_dir")
+    assert logger.log_dir == os.path.join(root_dir, "name", "version", "sub_dir")
+
+
+def test_csv_expand_home():
+    """Test that the home dir (`~`) gets expanded properly."""
+    save_dir = os.path.join("~", "tmp")
+    root_dir = os.path.join(save_dir, "name")
+    explicit_root_dir = os.path.expanduser(save_dir)
+    logger = CSVLogger(save_dir, name="name", version="version", sub_dir="sub_dir")
+    assert logger.root_dir == root_dir
+    assert logger.log_dir == os.path.join(explicit_root_dir, "name", "version", "sub_dir")
+
+
+@mock.patch.dict(os.environ, {"TEST_ENV_DIR": "some_directory"})
+def test_tensorboard_expand_env_vars():
+    """Test that the env vars in path names (`$`) get handled properly."""
+    test_env_dir = os.environ["TEST_ENV_DIR"]
+    root_dir = "$TEST_ENV_DIR/tmp"
+    explicit_root_dir = f"{test_env_dir}/tmp"
+    logger = CSVLogger(root_dir, name="name", version="version", sub_dir="sub_dir")
+    assert logger.log_dir == os.path.join(explicit_root_dir, "name", "version", "sub_dir")
+
+
 @pytest.mark.parametrize("step_idx", [10, None])
 def test_log_metrics(tmp_path, step_idx):
     logger = CSVLogger(tmp_path)