
Cheap Apartments for Rent in Allen, KY from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Allen.


1429 3rd Ave

Fort Gay Apartments

Beech Creek - Short WAIT LIST!

1510 7th Ave

University Suites

Hickory Way Apartments

The Place at Slate Creek

Barnett Commons

Lynwood Ter
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.

Garden Park Apartments

The Cloister

Southmoor Hills

Brook Side Apartments

Townhomes & Flats at MSU

Top Notch Townhomes & Storage

Herd Flats - Campus Housing

Oakbrook

Royal Oaks at Pea Ridge

Providence Hill Apartments
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.

Willow Run

Hidden Brook Apartments

Imperial Lofts

4547-4535 Piedmont Rd

Eagle Valley

Mary Lane Estates

Maury Village Apartments

607 20th St

4 Circle Dr

Victory Place
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Main Street Apartments

Paint Landing

2469 3rd Ave

80 Township Rd 1118

Westmoreland Estates

Greentree Apartments

2469 Collis Ave

108 Blue Jacket Cir

60 Township Rd 1118

945 4th Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

5722 Stiles Dr

2026 11th Ave

3114 5th Ave

2228 Washington Ave

3348 8th Street Rd

6309 E Pea Ridge Rd

1311 Huntington Ave

100 Blue Jacket Cir

609 13th Ave

1233 Collins Hwy
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,133 | $503 | $3,150 |
| Allen 2 Bedroom Apartments | $1,165 | $640 | $3,087 |
| Allen 3 Bedroom Apartments | $1,402 | $850 | $2,350 |
| Allen 4 Bedroom Apartments | $1,401 | $1,179 | $1,824 |
Browse Top Apartments in Allen
See all Apartments in AllenExplore Allen
Allen, KY Local Guide
- Nearby Cities
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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 priced from $503. Fort Gay Apartments 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 |
| Mary Lane Estates | One Bedroom One Bath | 1BR,1BA | $615 |
| Hickory Way Apartments | 2 Bdr | 2BR,1BA | $640 |
| Victory Place | 2 Bedroom Unit | 2BR,1BA | $724 |
| Barnett Commons | 2 Bed 55+ | 2BR,1BA | $740 |
| Paint Landing | 2 Bedroom Unit | 2BR,1BA | $745 |
| Lynwood Ter | 2 bed | 2BR,1BA | $750 |
| The Cloister | 1-Bedroom | 1BR,1BA | $800 |
| The Place at Slate Creek | Two Bedroom | 2BR,2BA | $800 |
Best Value Apartments for Rent in Allen, KY and Nearby
As of April 10, 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 Bedroom 2 Bathroom - Split Bedroom Layout Model at SABLE POINT starting at $1,165 with a $0.98 price per square foot in the Teays Valley Hurricane 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 |
| SABLE POINT | 3 Bedroom 2 Bathroom - Split Bedroom Layout | 3BR,2BA | $0.98 |
| Sawgrass Greene | 3 Bedroom Unit | 3BR,1.5BA | $0.77 |
| Paint Landing | 2 Bedroom Unit | 2BR,1.5BA | $0.72 |
| Oakbrook | 2BR/2BA | 2BR,2BA | $0.90 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| 1429 3rd Ave | 2 Bedroom | 2BR,1BA | $0.94 |
| Hickory Way Apartments | 2 Bdr | 2BR,1BA | $0.77 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
| The Prichard | The Classic | 1BR,1BA | $0.80 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.