Cheap Apartments for Rent near Clay City, KY from $695 (46 Rentals)

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

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Pebblecreek Crossing
1 to 2 Bedroom Apartments

Pebblecreek Crossing

418 Big Hill AveRichmond, KY 40475
Senior Living

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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Oak Hill Apartments
2 Bedroom Apartments

Oak Hill Apartments

2100 Pavilion WayRichmond, KY 40475
  • Utilities Included

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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Showing Results 1-46, Page 1 of 1

Clay City, KY Local Guide

Cheapest Available Clay City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clay City, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $695. McGinnis Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Clay City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Katelyn Court Apartments1 Bed, 1 bath1BR, 1BA$695
McGinnis PropertiesTownhome2BR, 1BA$700
East Ridge ApartmentsOne Bedroom1BR, 1BA$725
386 Gibson Ln386 Gibson1BR, 1BA$740
Shawnee Trail ApartmentsOne Bedroom1BR, 1BA$741
Ty Lane Apartments1 Bedroom (630sqft)1BR, 1BA$800
Studio 280BR/1.0BAStudio, 1BA$814
Pebblecreek Crossing1x11BR, 1BA$850
1040 Brandy LnTwo Bed2BR, 1BA$900
Vines at Saddlebrook3 x 13BR, 1BA$935

Best Value Apartments for Rent in Clay City, KY and Nearby

As of September 16, 2026 the best value apartment in the Clay City area is the $0.46 price per square foot Townhome Model at McGinnis Properties starting from $700. The second greatest value Clay City apartment is the 2 BDR / 2BA Model at The Resort Apartments starting at $1,345 with a $1.22 price per square foot. Here is today’s list of the best values for Clay City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McGinnis PropertiesTownhome2BR, 1.5BA$0.46
The Resort Apartments2 BDR / 2BA2BR, 2BA$1.22
Williams Estates ApartmentsTwo Bedroom2BR, 1BA$1.17
Top Notch Townhomes & StorageTop Notch Rentals2BR, 1.5BA$1.04
Vines at Saddlebrook3 x 13BR, 1BA$0.98
East Ridge ApartmentsOne Bedroom1BR, 1BA$0.81
The Lofts at Winchester2BR/1.0BA2BR, 1BA$1.17
Polo Club Park - Senior/Affordable Housing2bd2BR, 1BA$1.24
1040 Brandy LnTwo Bed2BR, 1BA$1.25
Pebblecreek Crossing1x11BR, 1BA$1.21

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

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Frequently Asked Questions about Cheap Clay City Apartments

What is the Cheapest Studio apartment in Clay City?

Currently the most affordable Cheap Studio Apartment in Clay City is at Studio 28 listed at $814.

How much is rent for a Cheap One Bedroom Clay City Apartment?

The lowest price for a Cheap One Bedroom Clay City Apartment is $695 at Katelyn Court Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Clay City is starting from $700 at McGinnis Properties.

What is the most affordable Clay City Three Bedroom Apartment?

The best deal on a cheap Clay City Three Bedroom Apartment rental is at Vines at Saddlebrook and starts from $935.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.