
Cheap Apartments for Rent near Cannel City, KY from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Cannel City.


Beech Creek - Short WAIT LIST!

1510 7th Ave

Morrow Rentals

Katelyn Court Apartments

McGinnis Properties

Total Monthly Price
East Ridge Apartments

Barnett Commons

Shawnee Trail Apartments
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.

Williamsburg Terrace

Paint Landing

Vines at Saddlebrook

Summit Apartments

Ty Lane Apartments

The Cloister

Herd Flats - Campus Housing

Studio 28

1040 Brandy Ln
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.

Top Notch Townhomes & Storage

Twin Lakes Apartments

Providence Hill Apartments

Townhomes & Flats at MSU

Sunrise Suites

320 Clintonville Rd

1439 6th Avenue

The Resort Apartments

The Lofts at Winchester
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.

Total Monthly Price
Williams Estates Apartments

Legacy Lake Apartments

Bourbon Hills

Total Monthly Price
Carriage Place Apartments

The BLVD at Hays

4547-4535 Piedmont Rd

114 Collins St

Gibson Lane Apartments

4 Circle Dr
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.

Pebblecreek Crossing

(Transitioned) Westmoreland

Oakbrook

Sawgrass Greene

131 Lancelot Ct

3348 8th Street Rd

14 A St

4617 US-60

Oak Hill Apartments
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.

8003 Wilburn Way

Pinson Place Apartments

SPECIALS: The Reserve & Enclave at Fairholme
Cannel City, KY Local Guide

How much does it cost to rent an apartment in Cannel City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cannel City Studio Apartments | $1,009 | $814 | $1,075 |
| Cannel City 1 Bedroom Apartments | $1,164 | $600 | $1,834 |
| Cannel City 2 Bedroom Apartments | $1,300 | $640 | $2,284 |
| Cannel City 3 Bedroom Apartments | $1,472 | $775 | $2,464 |
Browse Top Apartments in Cannel City
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Cannel City, KY Local Guide
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Cheapest Available Cannel City Apartments for Rent and Nearby
 The cheapest available apartment rental in Cannel City, KY is a 1 Bed unit found at Fort Gay Apartments in the Wayne County neighborhood priced from $600. Katelyn Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Cannel City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $695 |
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $724 |
| Barnett Commons | 2 Bed 55+ | 2BR,1BA | $740 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $755 |
| Paint Landing | 3 Bedroom Unit | 3BR,1BA | $775 |
| (Transitioned) Westmoreland | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
| The Cloister | 1-Bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Cannel City, KY and Nearby
As of July 08, 2026 the best value apartment in the Cannel City area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Cannel City apartment is the 3 Bedroom Unit Model at Paint Landing starting at $775 with a $0.67 price per square foot . Here is today’s list of the best values for Cannel City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
| Paint Landing | 3 Bedroom Unit | 3BR,1.5BA | $0.67 |
| Sawgrass Greene | 2 Bedroom Unit | 2BR,1BA | $0.97 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| The Lofts at Winchester | 2BR/1.0BA | 2BR,1BA | $1.17 |
| (Transitioned) Westmoreland | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.15 |
| Providence Hill Apartments | One-Bedroom | 1BR,1BA | $1.20 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $1.03 |
| Barnett Commons | 2 Bed 55+ | 2BR,1BA | $1.14 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
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 Cannel City, KY Rentals by Map
See the most popular apartments and homes in Cannel City, KY
Frequently Asked Questions about Cheap Cannel City Apartments
What is the Cheapest Studio apartment in Cannel City?
Currently the most affordable Cheap Studio Apartment in Cannel City is at Studio 28 listed at $814.
How much is rent for a Cheap One Bedroom Cannel City Apartment?
The lowest price for a Cheap One Bedroom Cannel City Apartment is $600 at Fort Gay Apartments.
What is the lowest price for a Cheap Two Bedroom Cannel City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cannel City is starting from $640 at Fort Gay Apartments.
What is the most affordable Cannel City Three Bedroom Apartment?
The best deal on a cheap Cannel City Three Bedroom Apartment rental is at Paint Landing and starts from $775.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.