
Cheap Apartments for Rent near Alpha, KY from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Alpha.


River Glow Apartments

Betty Jane Apartments

Charles Seivers Towers

Cypress Creek

Ashton Place Apartments

Eagle Village

Saxony Apartment Homes

The Grasslands

Stonehenge
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.

WILLOW PARK APARTMENTS

Rolling Hills Apartment Homes

Magnolia Place

Fry Estates Apartments

Willow Run Apartments

Hillview Terrace Apartments

Fairway Lane Apartments

The Flats at Jackson Square

College Grove

The Bunkers at Oak Ridge
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.

1994 Bouton Bend

Poplar Point Apartments!

Bristol Park

ELEVEN50

Waters Edge Apartment Homes

Arrowhead Ranch

Long Run Community - Income Restricted

4932 KY-76

702 W Columbia St

Governors Place
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.

400 Barbara Rd

1325 Virginia Ave

230 New Oak Rd

University Towers

1319 Autumn Ave

Alluvian Terrace

Coal Creek Apartment Homes

22 E 18th St

Century Lofts

71 Driftwood Cir
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.

50 Driftwood Cir

Magnolia Terrace

230 Denton Ave

100 Stonecrest Dr

508 E Broad St

225 Jack Hunt Rd

7758 Celina Rd

299 Jack Hunt Rd

319 Jack Hunt Rd

214 New Oak Rd
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.
Alpha, KY Local Guide

How much does it cost to rent an apartment in Alpha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alpha Studio Apartments | $1,157 | $925 | $1,566 |
| Alpha 1 Bedroom Apartments | $1,209 | $600 | $2,440 |
| Alpha 2 Bedroom Apartments | $1,297 | $745 | $2,109 |
| Alpha 3 Bedroom Apartments | $1,712 | $950 | $3,150 |
| Alpha 4 Bedroom Apartments | $2,613 | $2,541 | $2,685 |
Browse Top Apartments in Alpha
See all Apartments in AlphaExplore Alpha
Alpha, KY Local Guide
- Nearby Cities
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Cheapest Available Alpha Apartments for Rent and Nearby
 The cheapest available apartment rental in Alpha, KY is a 1 Bed unit found at River Glow Apartments priced from $695. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Alpha apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Glow Apartments | 1BR/1.0BA | 1BR,1BA | $695 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $773 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $780 |
| Eagle Village | Studio | Studio,1BA | $800 |
| The Grasslands | 2 Beds, 1 bath | 2BR,1BA | $850 |
| Stonehenge | One Bed One Bath Standard | 1BR,1BA | $850 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $899 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
Best Value Apartments for Rent in Alpha, KY and Nearby
As of August 10, 2026 the best value apartment in the Alpha area is the $1.01 price per square foot 3 Bedroom Model at 22 E 18th St in the starting from $1,300. The second greatest value Alpha apartment is the The Dream Model at Green River Lake Commons starting at $1,144 with a $0.94 price per square foot . Here is today’s list of the best values for Alpha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 22 E 18th St | 3 Bedroom | 3BR,2BA | $1.01 |
| Green River Lake Commons | The Dream | 3BR,2BA | $0.94 |
| The Grasslands | 3 Beds, 1 bath | 3BR,1BA | $0.86 |
| Waters Edge Apartment Homes | Two Bedroom | 2BR,1BA | $1.11 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.94 |
| Arrowhead Ranch | RHP | 2BR,2BA | $1.14 |
| Fairway Lane Apartments | 1 bedroom | 1BR,1BA | $1.12 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.09 |
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 Alpha, KY Rentals by Map
See the most popular apartments and homes in Alpha, KY
Frequently Asked Questions about Cheap Alpha Apartments
How much is rent for a Cheap One Bedroom Alpha Apartment?
The lowest price for a Cheap One Bedroom Alpha Apartment is $695 at River Glow Apartments.
What is the lowest price for a Cheap Two Bedroom Alpha Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alpha is starting from $745 at River Glow Apartments.
What is the most affordable Alpha Three Bedroom Apartment?
The best deal on a cheap Alpha Three Bedroom Apartment rental is at The Grasslands and starts from $950.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.