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Apartments for Rent in Kentucky under $500

22 Rentals Available
  • a picnic table in a park with a playground
    Today

    110 East Moncrief Street, Scottsville, KY 42164-1667
    Income Restricted
    1 BED Ask for Pricing
  • a white and brick house with a front porch
    17
    Today

    3647 Taylor Boulevard, Louisville, KY 40215
    1 BED $475
  • a sidewalk in front of a brick building
    83
    Today

    1361 South Floyd Street, Louisville, KY 40208
    1 BED $500
  • a view of a living room and a kitchen with a table and chairs
    17
    Today

    1350 Evergreen Way, Simpsonville, KY 40067
    STUDIO $125
  • A kitchen with a stove, oven, and microwave.
    28
    Today

    2410 Elliot Avenue, Louisville, KY 40211
    2 BEDS $425+
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  • A kitchen with black cabinets and a white countertop.
    8
    Today

    2733 West Market Street, Louisville, KY 40212
    1 BED $479+
  • The image shows a logo with the text "ISRACAP PROPERTIES MANAGEMENT".
    13
    Today

    4030 Taylor Blvd, Lousiville, KY 40215
    1 BED $500
  • 1309 Dixie Hwy 1 Bed Apartment for Rent
    33
    Today

    1309 Dixie Hwy, Louisville, KY 40210
    1 BED $400+
  • 5421 Scottsville Rd Studio Apartment for Rent
    9
    Today

    5421 Scottsville Rd, Bowling Green, KY 42104
    STUDIO $100+
  • a logo for a property management company
    14
    Today

    1009 South 28Th Street, Louisville, KY 40211
    3 BEDS $450
  • 2703 Slevin Street 1 Bed Apartment for Rent
    8
    Today

    2703 Slevin Street, Louisville, KY 40212
    1 BED $475
  • Interactive banner bedroom
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  • A kitchen with brown cabinets and a white countertop.
    Today

    75 Roland Street, Campbellsville, KY 42718
    4 BEDS $400
12-0-state
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Getting around in Kentucky, KY

24 /100
Somewhat Bikeable
Bike Score®: 24

Frequently asked questions

When were prices and availability in Kentucky last updated?

Prices and availability in Kentucky were last updated on 18 Nov 2025.

What are the best apartments in Kentucky?

The best apartments in Kentucky are: Weaver Farm, Wrights Point, Monmouth Row Apartments, Waterford Place and Station JTown.

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.

Your search for apartments in Kentucky under $500 stops here

Finding apartments for rent in Kentucky for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 22 available units in Kentucky, renting for under $500. On average, $371 can get you 814 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in Kentucky goes for $125 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!