Cheap Apartments for Rent in Boone County, KY from $700 (40 Rentals)

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

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.

property at 241 Main St

$1,125

1 Bedroom Rentals

Available Now

241 Main St

FlorenceKY41042

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.

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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Blue Grass Manor
1 to 2 Bedroom Apartments

Blue Grass Manor

3904 Lori DrErlanger, KY 41018
  • Utilities Included
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Wentworth Estates
Studio to 3 Bedroom Apartments

Wentworth Estates

7500 Carole LnFlorence, KY 41042
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2 Circle Drive
1 Bedroom Apartments

2 Circle Drive

2 Circle DrFlorence, KY 41042
  • Utilities Included
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Normandy Green
1 to 3 Bedroom Apartments

Normandy Green

6805 Sebree DrFlorence, KY 41042

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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Oakwood Apartments
1 to 2 Bedroom Apartments

Oakwood Apartments

6928-6936 Oakwood DrFlorence, KY 41042
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Village of Cross Creek
1 to 3 Bedroom Apartments

Village of Cross Creek

7536 Hillcrest DrFlorence, KY 41042
Corporate Housing
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Brynwood Apartments
1 to 2 Bedroom Apartments

Brynwood Apartments

104 Rebel DrFlorence, KY 41042
  • Utilities Included
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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

35-43 Banklick StFlorence, KY 41042
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Sparrow Ridge
1 to 2 Bedroom Apartments

Sparrow Ridge

2375 Southpark DrHebron, KY 41048
Senior Living
  • Utilities Included
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Towne Creek Crossing
1 to 3 Bedroom Apartments

Towne Creek Crossing

13173 Service RdWalton, KY 41094
  • Utilities Included

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.

Cheapest Available Boone County Apartments for Rent

 

The cheapest available apartment rental in Boone County, KY is a 1 Bed unit found at Normandy Green in the Northern Kentucky neighborhood priced from $950. Crown Court Apartments in the Northern Kentucky neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,015. Here is today’s list of the most affordable Boone County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Normandy Green1 Bedrooms 1 Bathroom1BR,1BA$950
Crown Court Apartments2 Bedrooms 1 Bath 806SqFt2BR,1BA$1,015
Champion Club ApartmentsOne Bedroom, One Bath1BR,1BA$1,020
Oakwood ApartmentsPhase II - 1 Bedroom, 1 Bath1BR,1BA$1,025
Hayfield ParkOne Bedroom1BR,1BA$1,040
Village of Cross Creek1 Bedroom Apt upper floor1BR,1BA$1,050
Florence Apartments1 bedroom 1 bath1BR,1BA$1,050
Florence Crossing1 bedroom1BR,1BA$1,075
Weaver FarmThe Harvest2BR,1BA$1,199
LakeHouse at Florence Apartments1Bed 1Bath1BR,1BA$1,199

Best Value Apartments for Rent in Boone County, KY

As of April 18, 2026 the best value apartment in the Boone County area is the $1.24 price per square foot Two Bed w/Studio, Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,100. The second greatest value Boone County apartment is the 3 Bed 2 Bath Model at Sanctuary Place starting at $1,535 with a $1.04 price per square foot in the Thornwilde Seasons neighborhood. Here is today’s list of the best values for Boone County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeful Trace TownhomesTwo Bed w/Studio, Two-Half Bath TH2BR,2.5BA$1.24
Sanctuary Place3 Bed 2 Bath3BR,2BA$1.04
Hamlet on the Bend3x23BR,2BA$1.36
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.26
Country Place3 BR, 2.5 BTH Townhome3BR,2.5BA$1.17
Brookside ParkThe Brook2BR,2BA$1.37
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Crown Court Apartments2 Bedrooms 1 Bath 806SqFt2BR,1BA$1.26
Champion Club ApartmentsOne Bedroom, One Bath1BR,1BA$1.34
Oakwood ApartmentsPhase II - 1 Bedroom, 1 Bath1BR,1BA$1.39

Frequently Asked Questions about Cheap Boone County Apartments

What is a cheap apartment in Boone County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Boone County is under $1,199.

What is the price of a cheap apartment in Boone County?

The cheapest apartment in Boone County is Normandy Green which is listed at $950, while the average apartment in Boone County costs $2,291.

What types of apartments are the cheapest in Boone County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 51 regular apartments in Boone County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Boone County?

Cheap apartments in Boone County have an average cost of $567 which is $1,724 cheaper than the average rent for all rentals in Boone County.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.