
Cheap Apartments for Rent near Central City, KY from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Central City.


225 Clara Drive

Total Monthly Price
Muse Bowling Green

PENNYRILE SENIOR APARTMENTS

Western Green

Marketplace Commons Apartments

Eagle Crossing

Ambassador Villas

1631 S Main St

Greenhaven Apartments ALL UTILITIES PAID!
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Legion Park & Heartwood Court Apartments

Keystone Apartments

Slate Run

Northfield Manor Apartments

Cameron Park Apartments

Total Monthly Price
Hillview Commons

Kingston Square Apartments

Walnut Creek Apartments

Royal Arms of Owensboro

Total Monthly Price
Oak Tree Farms
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.

Morris Estates Apartments

Keystone Commons (SoKy Rentals)

Park on Country Club

Aspen Meadow Apartments

Brushwood Apartments

Hillview Flats

26 Yoakum Cir

121 S Fowler Ave

2830 Greenville Rd

Roosevelt House I & II Senior Community
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

204 N Warren St

Moss View

Thames Valley

Little River Landings

920 Sycamore St

118 N Fowler Ave

199 Ricedale Cir

506 E 20th St

616 Park Ave

Riverview Senior Apartments - Age 62+
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.

Canterbury Apartments

109 Holley Dr

5492 Red Mile Loop

Oxford Square

132 S McPherson St

131 Means Ave

300 E Parkview Dr

Liberty Landings

Legacy Commons

355 Hillview Mills
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.
Central City, KY Local Guide

How much does it cost to rent an apartment in Central City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City Studio Apartments | $662 | $625 | $700 |
| Central City 1 Bedroom Apartments | $867 | $625 | $1,290 |
| Central City 2 Bedroom Apartments | $1,010 | $625 | $1,525 |
| Central City 3 Bedroom Apartments | $1,332 | $625 | $1,835 |
| Central City 4 Bedroom Apartments | $1,160 | $475 | $1,600 |
Browse Top Apartments in Central City
See all Apartments in Central CityExplore Central City
Central City, KY Local Guide
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Cheapest Available Central City Apartments for Rent and Nearby
 The cheapest available apartment rental in Central City, KY is a 1 Bed unit found at Willow Run priced from $515. 225 Clara Drive has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Central City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Run | The Hampton | 1BR,1BA | $515 |
| 225 Clara Drive | *1/1 | 1BR,1BA | $625 |
| PENNYRILE SENIOR APARTMENTS | 1 Bedroom 1 Bathroom | 1BR,1BA | $699 |
| Western Green | Studio / Eff unit | Studio,1BA | $700 |
| Marketplace Commons Apartments | 1 Bedroom | 1BR,1BA | $745 |
| Greenhaven Apartments ALL UTILITIES PAID! | One Bedroom Floor Plan | 1BR,1BA | $750 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $750 |
| 1631 S Main St | One Bed | 1BR,1BA | $750 |
| Slate Run | One Bedroom One Bath | 1BR,1BA | $789 |
Best Value Apartments for Rent in Central City, KY and Nearby
As of August 05, 2026 the best value apartment in the Central City area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Central City apartment is the 2 Bedroom Model at Summerland Townhomes starting at $1,395 with a $1.00 price per square foot . Here is today’s list of the best values for Central City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
| Summerland Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Liberty Landings | 2 bedroom, 1 bathroom Townhouse | 2BR,1BA | $1.02 |
| The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $0.98 |
| Waterford | Two Bedrooms/One 1/2 Bath | 2BR,1.5BA | $1.00 |
| Oak Tree Farms | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $0.98 |
| Morris Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.93 |
| Walnut Creek Apartments | 2BR/1.0BA | 2BR,1BA | $0.95 |
| Willow Run | The Sterling | 2BR,1BA | $0.92 |
| Marketplace Commons Apartments | 1 Bedroom | 1BR,1BA | $0.94 |
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 Central City, KY Rentals by Map
See the most popular apartments and homes in Central City, KY
Frequently Asked Questions about Cheap Central City Apartments
How much is rent for a Cheap One Bedroom Central City Apartment?
The lowest price for a Cheap One Bedroom Central City Apartment is $515 at Willow Run.
What is the lowest price for a Cheap Two Bedroom Central City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central City is starting from $795 at Willow Run.
What is the most affordable Central City Three Bedroom Apartment?
The best deal on a cheap Central City Three Bedroom Apartment rental is at Marketplace Commons Apartments and starts from $1,032.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.