
Cheap Homes for Rent in Clay, KY from $300 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Clay.


10455 Old Hwy 62 E

6515 Uebelhack Rd

1521 Irvington Ave

1231 Culver Ave

896 Claymark Way

1207 Tree Top Ln

610 N Main St
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.

1228 S Roosevelt Dr

640 Jefferson Ave

1133 Bayard Park Dr

924 SE 6th St

1023 Jefferson Ave

715 E Riverside Dr

2517 W Illinois St

1815 S Helfrich Ave
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.

1025 Covert Ave

1505 Jackson Ave

1330 SE 2nd St

1900 W Indiana St

1807 S Kerth Ave

1404 Delmar Ave

1621 Burdette Ave

1604 Marbo Ave
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.
Clay, KY Local Guide

How much does it cost to rent a home in Clay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clay 2 Bedroom Homes for Rent | $1,053 | $675 | $1,495 |
| Clay 3 Bedroom Homes for Rent | $1,089 | $399 | $1,395 |
| Clay 4 Bedroom Homes for Rent | $1,322 | $1,000 | $1,595 |
Browse Top Homes for Rent in Clay
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Clay, KY Local Guide
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Cheapest Available Clay Apartments for Rent and Nearby
 The cheapest available apartment rental in Clay, KY is a 1 Bed unit found at Willow Run priced from $515. Graystone Henderson in the Henderson North End neighborhood 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 Clay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Run | The Hampton | 1BR,1BA | $515 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Anchor Court | 1BR/1.0BA | 1BR,1BA | $625 |
| Embassy Apartments | 0.1 | Studio,1BA | $660 |
| Senior Community-Franklin Place Apartments | 1 Bedroom | 1BR,1BA | $675 |
Best Value Apartments for Rent in Clay, KY and Nearby
As of May 30, 2026 the best value apartment in the Clay area is the $0.81 price per square foot 2 Bed 2 Bath - Townhome Model at Devonshire Gardens I & II in the in the Lant Manor neighborhood starting from $1,255. The second greatest value Clay apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Clay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Devonshire Gardens I & II | 2 Bed 2 Bath - Townhome | 2BR,2BA | $0.81 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.85 |
| Cottonwood | 2 Bed Duplex | 2BR,1.5BA | $1.05 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.93 |
| Indian Woods | The Oak | 2BR,1BA | $1.10 |
| Willow Run | The Sterling | 2BR,1BA | $0.92 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Shannon Glenn | McConnell | 2BR,1BA | $0.89 |
| Senior Community-Franklin Place Apartments | 1 BDR | 1BR,1BA | $0.84 |
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!
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Frequently Asked Questions about Clay
What type of rentals are currently available in Clay?
There are currently 53 Apartments for Rent in Clay, KY with pricing that ranges from $580 to $3,420. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clay ranging from $399 to $1,695.
What is the current price range for Rental Homes in Clay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Clay ranges from $399 to $1,695 with an average monthly rent of $981.
How much are larger Three and Four Bedroom Rentals in Clay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Clay range from $1,190 to $1,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $1,395. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $580.
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

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.

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.

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.

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.