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Apartments for Rent in Kentucky under $500
23 Rentals Available

  • Today

    344 Dye Ford Rd, Alvaton, KY 42122
    STUDIO $50+
  • Today

    5421 Scottsville Rd, Bowling Green, KY 42104
    STUDIO $100+
  • Today

    1309 Dixie Hwy, Louisville, KY 40210
    1 BED $400+
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    4315 Southern Parkway, Louisville, KY 40214
    STUDIO $150
  • Today

    12800 Towne Center Dr., Walton, KY 41094
    Income Restricted
    1 BED Ask for Pricing
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  • Today

    PPM Property For Applicants, Louisville, KY 40299
    STUDIO $60
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    6701 Crawford Crossing Place, Louisville, KY 40258
    STUDIO $75
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    1009 South 28Th Street, Louisville, KY 40211
    3 BEDS $450
  • Today

    3177 South Third Street, Louisville, KY 40214
    1 BED $450
    3 BEDS $300
  • Today

    110 East Moncrief Street, Scottsville, KY 42164-1667
    Income Restricted
    1 BED Call for pricing
10-0-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 14 May 2025.

What are the best apartments in Kentucky?

The best apartments in Kentucky are: Stonewater Apartments, Monmouth Row Apartments, Enclave at Breckenridge, Waterford Place and Station JTown.

What type of rental buildings are in Kentucky?

In Kentucky, 32% of the residents are renting compared to 68% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Kentucky’s rentals, 52% are small-scale complexes with under 50 units, and 33% are single-family rentals.

Renting apartments in Kentucky under $1,600

Searching for apartments for rent in Kentucky under $1,600 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Kentucky, where the average rent is $1,335 per month, there are 1,912 units available for less than $1,600. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,600” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Kentucky. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Kentucky going for $125 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

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