Apartments for Rent in Kentucky under $500
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Only 3 units left1 bd $485+Base rent3.5 (10)209 York Street, Louisville, KY 40203Apply online • Cat friendly
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1 bd $385+2 bd $465+Base rent Income restricted91 Recovery Rd, Dawson Springs, KY 42408Apply online • Pet friendly • Dishwasher
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Only 2 units leftStudio $100+Base rent5421 Scottsville Rd, Bowling Green, KY 42104Apply online • Pet friendly
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Only 3 units left2 bd $400+Base rent823 S 2Nd St, Louisville, KY 40203Apply online • Pet friendly
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2 bd $3503 bd $350Base rent Income restricted103 Pate Place, Elizabethtown, KY 42701Apply online • Pet friendly
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Rewards Only 3 units leftAsk for pricingIncome restricted2425 Thoroughbred Drive, Bowling Green, KY 42104Apply online • Patio/Balcony • Air conditioner
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Studio $350Base rent5.0 (1)4315 Southern Parkway, Louisville, KY 40214Pet friendly
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1 bd $479+Base rent2733 West Market Street, Louisville, KY 40212Pet friendly
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2 bd $425+Base rent2410 Elliott Avenue, Louisville, KY 40211Pet friendly
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2 bd $450+Base rent1752 West Oak Street, Louisville, KY 40210Pet friendly
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1 bd $500Base rent923 Burton Ave., Louisville, KY 40208Pet friendly
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3 bd $450Base rent1009 South 28Th Street, Louisville, KY 40211Pet friendly
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2 bd $400Base rent2145 Rowan Street, Louisville, KY 40212Pet friendly
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Ask for PricingIncome restricted6506 Winding Stream Drive, Louisville, KY 40272Pet friendly • In unit laundry • Dishwasher
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Studio $495Base rent3319 West Market Street, Louisville, KY 40212Pet friendly
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1 bd $300+2 bd $400+3 bd $475+Base rent Income restricted1030 Versailles Rd, LAWRENCEBURG, KY 40342Pet friendly • Dishwasher • Air conditioner
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Ask for PricingIncome restricted110 East Moncrief Street, Scottsville, KY 42164-1667Air conditioner • Laundry Facilities
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1 bd $475Base rent2703 Slevin Street, Louisville, KY 40212Pet friendly
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Frequently asked questions
When were prices and availability in Kentucky last updated?
Prices and availability in Kentucky were last updated on 10 Nov 2026.
What are the best apartments in Kentucky?
The best apartments in Kentucky are: Station JTown, Stonewater Apartments, Waterford Place, Wrights Point and Weaver Farm.
What type of rental buildings are in Kentucky?
In Kentucky 32% of the housing is rented out compared to 68% of homes are owned, according to the most recent Census Bureau estimates. 6% of Kentucky's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 33% are single-family rentals.
Renting apartments in Kentucky under $500
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 31 apartments for rent in Kentucky from 19 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.
Finding the best rental near you
Kentucky is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $150 in Kentucky, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.