Cheap Apartments for Rent in Boone County, KY from $500 (29 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.

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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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Wentworth Estates
Studio to 3 Bedroom Apartments

Wentworth Estates

7500 Carole LnFlorence, KY 41042
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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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18 S Main St
Studio to 1 Bedroom Apartments

18 S Main St

18 S Main StWalton, KY 41094

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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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
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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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Haven Crossing
1 to 2 Bedroom Apartments

Haven Crossing

12800 Towne Center DrWalton, KY 41094
Senior Living

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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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

35-43 Banklick StFlorence, KY 41042
  • Utilities Included
Showing Results 1-29, Page 1 of 1

Cheapest Available Boone County Apartments for Rent

 

The cheapest available apartment rental in Boone County, KY is a 2 Beds unit found at Brook Run Apartment Complex in the French Quarter at Orleans neighborhood priced from $935. Normandy Green in the Northern Kentucky neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Boone County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$935
Normandy Green1 Bedrooms 1 Bathroom1BR,1BA$950
Hayfield ParkStudio RenoStudio,1BA$965
Walnut Creek1 bed 1 bath1BR,1BA$990
Champion Club ApartmentsOne Bedroom, One Bath1BR,1BA$1,020
Florence Apartments1 bedroom 1 bath1BR,1BA$1,050
Village of Cross Creek1 Bedroom Apt upper floor1BR,1BA$1,050
Florence Crossing1 bedroom1BR,1BA$1,075
Haven Crossing2 Bedroom2BR,1BA$1,076
Saratoga Apartments - STAB12BR,1BA$1,190

Best Value Apartments for Rent in Boone County, KY

As of June 03, 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 3x2 Model at Hamlet on the Bend starting at $1,900 with a $1.36 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
Hamlet on the Bend3x23BR,2BA$1.36
Sanctuary Place2 Bed 2 Bath2BR,2BA$1.01
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.26
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Trails of SaddlebrookGainsway (2nd Floor—Balcony)2BR,2BA$1.35
Haven Crossing2 Bedroom2BR,1BA$1.22
Brook Run Apartment ComplexTwo Bedroom W/D Connections2BR,1BA$1.22
Champion Club ApartmentsOne Bedroom, One Bath1BR,1BA$1.34
Walnut Creek1 bed 1 bath1BR,1BA$1.32

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 $1,190.

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 $2,163.

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 27 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 $1,012 which is $1,151 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

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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.