
Cheap Apartments for Rent near Allen, KY from $400 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Allen.


Fort Gay Apartments

Beech Creek - Short WAIT LIST!

1510 7th Ave

University Suites

Hickory Way Apartments

The Place at Slate Creek

Riverside Landing

Barnett Commons

Lynwood Ter
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Garden Park Apartments

Herd Flats - Campus Housing

The Cloister

Brook Side Apartments

Southmoor Hills

Top Notch Townhomes & Storage

Buffington Apartments

Royal Oaks at Pea Ridge

Providence Hill Apartments

Willow Run
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Townhomes & Flats at MSU

Hidden Brook Apartments & Townhomes

1439 6th Avenue

SABLE POINT

Country Club Village Apartments

Country Club Apartments

6 Riddle Mobile Home Park

9 Riddle MHP

Emerald Gardens

Imperial Lofts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1429 3rd Ave

4547-4535 Piedmont Rd

Eagle Valley

518 9th Ave

Mary Lane Estates

Victory Place

Maury Village Apartments

607 20th St

4 Circle Dr

Main Street Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

(Transitioned) Westmoreland

Greentree Apartments

80 Township Rd 1118

506 2nd St

109 Botley Ln

264 Tackett's Branch Rd

2491 Wardell Rd

Oakbrook

6820 Linville Dr

131 Lancelot Ct
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Allen, KY Local Guide

How much does it cost to rent an apartment in Allen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allen Studio Apartments | $1,070 | $775 | $1,400 |
| Allen 1 Bedroom Apartments | $1,177 | $503 | $3,150 |
| Allen 2 Bedroom Apartments | $1,191 | $640 | $3,102 |
| Allen 3 Bedroom Apartments | $1,462 | $850 | $2,350 |
| Allen 4 Bedroom Apartments | $1,616 | $1,284 | $1,949 |
Browse Top Apartments in Allen
See all Apartments in AllenExplore Allen
Allen, KY Local Guide
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Cheapest Available Allen Apartments for Rent and Nearby
 The cheapest available apartment rental in Allen, KY is a 1 Bed unit found at The Prichard in the Huntington neighborhood priced from $503. Fort Gay Apartments in the Wayne County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Allen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Prichard | The Grand | 1BR,1BA | $503 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| Hickory Way Apartments | 2 Bdr | 2BR,1BA | $640 |
| The Place at Slate Creek | One Bedroom | 1BR,1BA | $700 |
| Lynwood Ter | 2 bed | 2BR,1BA | $750 |
| (Transitioned) Westmoreland | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
| The Cloister | 1-Bedroom | 1BR,1BA | $800 |
| Herd Flats - Campus Housing | Unfurnished | 2BR,1BA | $800 |
| Emerald Gardens | 2 Bedroom C | 2BR,1BA | $820 |
| Southmoor Hills | Garden Type F | 1BR,1BA | $832 |
Best Value Apartments for Rent in Allen, KY and Nearby
As of July 24, 2026 the best value apartment in the Allen area is the $0.90 price per square foot 3 Bed/1.5 Bath Townhouse Model at 3811-3850 Sleepy Hollow Dr in the in the Teays Valley Hurricane neighborhood starting from $1,350. The second greatest value Allen apartment is the 3 Bed / 2 Bath Model at Riverside Landing starting at $975 with a $0.95 price per square foot in the Huntington neighborhood. Here is today’s list of the best values for Allen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3811-3850 Sleepy Hollow Dr | 3 Bed/1.5 Bath Townhouse | 3BR,1.5BA | $0.90 |
| Riverside Landing | 3 Bed / 2 Bath | 3BR,2BA | $0.95 |
| Emerald Gardens | 2 Bedroom C | 2BR,1BA | $0.80 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| Buffington Apartments | BUFFINGTON | 2BR,1BA | $1.06 |
| Hickory Way Apartments | 2 Bdr | 2BR,1BA | $0.77 |
| Brook Side Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.06 |
| Marshall Apartments | 2 bedroom | 2BR,1BA | $0.86 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
| The Prichard | The Classic | 1BR,1BA | $0.80 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allen, KY Rentals by Map
See the most popular apartments and homes in Allen, KY
Frequently Asked Questions about Cheap Allen Apartments
What is the Cheapest Studio apartment in Allen?
Currently the most affordable Cheap Studio Apartment in Allen is at 1439 6th Avenue listed at $1,025.
How much is rent for a Cheap One Bedroom Allen Apartment?
The lowest price for a Cheap One Bedroom Allen Apartment is $503 at The Prichard.
What is the lowest price for a Cheap Two Bedroom Allen Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Allen is starting from $640 at Fort Gay Apartments.
What is the most affordable Allen Three Bedroom Apartment?
The best deal on a cheap Allen Three Bedroom Apartment rental is at Barnett Commons and starts from $850.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.