Cheap Apartments for Rent in Austin, KY from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in Austin.

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.

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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.

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The Emerson
Rent Specials
$983 - $2,464
Total Monthly Price

Total Monthly Price

Base Rent
$983 - $2,464
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Emerson

2426 Thoroughbred DrBowling Green, KY 42104
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Cash 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.

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Kingston Heights
1 to 3 Bedroom Apartments

Kingston Heights

491 Kelly RdBowling Green, KY 42101
  • Utilities Included

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.

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Cherry Farms
1 to 3 Bedroom Apartments

Cherry Farms

268 Cherry Farm LnBowling Green, KY 42103

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.

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Austin, KY Local Guide

Cheapest Available Austin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Austin, KY is a 1 Bed unit found at River Valley Apartments priced from $645. CEDARGATE APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Valley Apartments1bd/1ba small w/carpet - Second Floor1BR,1BA$645
CEDARGATE APARTMENTSStudio 1 BathroomStudio,1BA$655
StonehengeStudio One Bath StandardStudio,1BA$675
Willow Creek ApartmentsEfficiency/StudioStudio,1BA$685
River Woods ApartmentsRiver Woods - 1/1 PROMO1BR,1BA$700
River Glow ApartmentsRiver Glow - 2/1 - Second Floor2BR,1BA$745
Otte Center1/11BR,1BA$825
Riverwood Flats1 Bed1BR,1BA$850
The Grasslands2 Beds, 1 bath2BR,1BA$850
Lynnwood Apartments1BR/1.0BA1BR,1BA$850

Best Value Apartments for Rent in Austin, KY and Nearby

As of June 04, 2026 the best value apartment in the Austin area is the $1.02 price per square foot Fairview Gables - 2/2.5 TH W+D Addtl Model at Fairview Gables in the in the Downtown Bowling Green neighborhood starting from $1,525. The second greatest value Austin apartment is the Cobblestone Model at Cave Mill Apartments starting at $1,349 with a $1.01 price per square foot . Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairview GablesFairview Gables - 2/2.5 TH W+D Addtl2BR,2.5BA$1.02
Cave Mill ApartmentsCobblestone2BR,2.5BA$1.01
The Grasslands3 Beds, 1 bath3BR,1BA$0.86
New Construction--2 Bed 2 Bath2BR/2.0BA2BR,2BA$1.10
5850 Otte Ct2 Bedroom2BR,2BA$1.05
269 Old Porter Pike2 Bedroom, 2.5 Bathrooms2BR,2.5BA$1.00
Midtown at WKUHazelton II2BR,2BA$0.88
River Glow ApartmentsRiver Glow - 2/1 - Second Floor2BR,1BA$0.93
Riverwood Flats1 Bed1BR,1BA$1.10
River Woods ApartmentsRiver Woods - 1/1 PROMO1BR,1BA$0.98

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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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Austin, KY Rentals by Map

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Frequently Asked Questions about Cheap Austin Apartments

What is the Cheapest Studio apartment in Austin?

Currently the most affordable Cheap Studio Apartment in Austin is at CEDARGATE APARTMENTS listed at $655.

How much is rent for a Cheap One Bedroom Austin Apartment?

The lowest price for a Cheap One Bedroom Austin Apartment is $645 at River Valley Apartments.

What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $745 at River Glow Apartments.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin 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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.