
Cheap Apartments for Rent in Anchorage, KY from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage.


Heathmoore

9409 La Grange Rd

Slate Run (KY)

Woodside Village

Springhurst East Apartments

Maple Brook Apartments

The Heritage by Fairlawn
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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.

Westport Woods

District at Hurstbourne

Stonewater Apartments

319 Blair Ct

Sova

Charlestown

Hurstbourne Estates

Avoca II
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.

9308 Aylesbury Dr

Champion Farms

The Ivy Apartment Homes

Villas Of Forest Springs

3744 Chamberlain Ct

The Legends Apartments

La Fontenay

Century Belmont Station
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.

Brookview at Middletown

The Louis Apartment Flats

1515 La Fontenay Ct, Unit 1515

1503 La Fontenay Ct, Unit 1503

Sawyer East End

Claiborne Crossing Apartments

Meridian Hills Senior Apartments

Terraces at Forest Springs
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.

Avoca

The Station at Middletown

Vines at Shelby Crossing

Middletown Apartments

219 Middletown Square

Springs At La Grange

Meridian On Shelbyville

8801 W State Hwy 22
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Anchorage, KY Local Guide

How much does it cost to rent an apartment in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Studio Apartments | $900 | $820 | $1,000 |
| Anchorage 1 Bedroom Apartments | $1,259 | $810 | $2,078 |
| Anchorage 2 Bedroom Apartments | $1,502 | $915 | $2,481 |
| Anchorage 3 Bedroom Apartments | $1,975 | $1,118 | $3,031 |
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Anchorage, KY Local Guide
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Cheapest Available Anchorage Apartments for Rent and Nearby
 The cheapest available apartment rental in Anchorage, KY is a Studio unit found at Heathmoore in the Outer East End neighborhood priced from $820. Slate Run (KY) in the Langdon Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here is today’s list of the most affordable Anchorage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heathmoore | Studio S | Studio,1BA | $820 |
| Slate Run (KY) | Studio O | Studio,1BA | $890 |
| Maple Brook Apartments | A - Aubern | 1BR,1BA | $930 |
| The Heritage by Fairlawn | The Heritage | 1BR,1BA | $995 |
| Westport Woods | 2 Bed 1 Bath | 2BR,1BA | $995 |
| Stonewater Apartments | AR | 1BR,1BA | $999 |
| District at Hurstbourne | 1 Bedroom 1 Bath 800 | 1BR,1BA | $999 |
| Springhurst East Apartments | 2 Bedroom 1 Bath Large Upgraded | 2BR,1BA | $1,075 |
| Sova | 1 Bedroom | 1BR,1BA | $1,099 |
| Charlestown | 1x1 | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Anchorage, KY and Nearby
As of January 23, 2026 the best value apartment in the Anchorage area is the $1.41 price per square foot Townhomes Model at Bellingham Park Townhomes - IMMEDIATE MOVE IN in the in the Outer East End neighborhood starting from $2,647. The second greatest value Anchorage apartment is the Wisteria Model at Terraces at Forest Springs starting at $1,824 with a $1.27 price per square foot in the Outer East End neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bellingham Park Townhomes - IMMEDIATE MOVE IN | Townhomes | 3BR,2.5BA | $1.41 |
| Terraces at Forest Springs | Wisteria | 3BR,2BA | $1.27 |
| Vines at Shelby Crossing | 2 x 2 with Den | 2BR,2BA | $0.95 |
| Westport Woods | 2 bed 2 Bath | 2BR,2BA | $1.24 |
| The Legends Apartments | B | 2BR,2BA | $1.30 |
| Stonewater Apartments | B3R | 2BR,2BA | $1.31 |
| Springhurst East Apartments | 2 Bedroom 1 Bath Large Upgraded | 2BR,1BA | $1.14 |
| Charlestown | 1x1 | 1BR,1BA | $1.40 |
| Maple Brook Apartments | A - Aubern | 1BR,1BA | $1.23 |
| District at Hurstbourne | 1 Bedroom 1 Bath | 1BR,1BA | $1.45 |
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.
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Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
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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 Anchorage, KY Rentals by Map
See the most popular apartments and homes in Anchorage, KY
Frequently Asked Questions about Cheap Anchorage Apartments
What is the Cheapest Studio apartment in Anchorage?
Currently the most affordable Cheap Studio Apartment in Anchorage is at Heathmoore listed at $820.
How much is rent for a Cheap One Bedroom Anchorage Apartment?
The lowest price for a Cheap One Bedroom Anchorage Apartment is $925 at Slate Run (KY).
What is the lowest price for a Cheap Two Bedroom Anchorage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anchorage is starting from $995 at Westport Woods.
What is the most affordable Anchorage Three Bedroom Apartment?
The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Westport Woods and starts from $1,395.
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

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.