
Cheap Apartments for Rent in Danville, KY from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Danville.


The Village Apartments

261 Scott Ln

Althea Apartments

Shawnee Trail Apartments

CREEKSIDE SENIOR APARTMENTS

1040 Brandy Ln
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.

The Callaway

Brandywine

Twin Lakes Apartments

The Wellington

Vetra Lexington

The Racquet Club Apartments

Shillito Park Apartments
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.

Ashton on Main

Bridle Creek Apartments

The Metropolitan

Meadowood Apartments

Spring House on the Park

429-1 Chestnut St

Gibson Lane Apartments
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.

Meadow Pointe Apartments

4044 Expo Ct, Lexington, KY, 40515-4682

599 Harris Creek Rd

107 Floyd Ct

239 Green St

Breckenridge Estates Apartments

124 Henry Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

106 Ewing Ave

103 S Main St

Oak Hill Apartments
Danville, KY Local Guide

How much does it cost to rent an apartment in Danville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Danville 1 Bedroom Apartments | $1,384 | $741 | $2,824 |
| Danville 2 Bedroom Apartments | $1,675 | $886 | $5,950 |
| Danville 3 Bedroom Apartments | $2,137 | $1,042 | $3,693 |
Browse Top Apartments in Danville
See all Apartments in DanvilleExplore Danville
Danville, KY Local Guide
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Cheapest Available Danville Apartments for Rent and Nearby
 The cheapest available apartment rental in Danville, KY is a 1 Bed unit found at Shawnee Trail Apartments priced from $741. Meadow Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Danville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Meadow Pointe Apartments | Meadow Pointe 1 BR | 1BR,1BA | $749 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $900 |
| The Callaway | 1x1-A | 1BR,1BA | $920 |
| Brandywine | 1 Bed | 1BR,1BA | $925 |
| The Wellington | 1 Bedroom | 1BR,1BA | $949 |
| Breckenridge Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $950 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Ashton on Main | 2 Bedroom | 2BR,1BA | $999 |
| Vetra Lexington | 2 Bedroom 1 Bath | 2BR,1BA | $1,049 |
Best Value Apartments for Rent in Danville, KY and Nearby
As of May 05, 2026 the best value apartment in the Danville area is the $1.41 price per square foot 3 Bedroom Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,851. The second greatest value Danville apartment is the Winslow Model at MAA Mansion starting at $1,428 with a $1.37 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Danville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Palomar View Apartments | 3 Bedroom | 3BR,2BA | $1.41 |
| MAA Mansion | Winslow | 2BR,2BA | $1.37 |
| Breckenridge Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
| Brandywine | 2 Bed Small | 2BR,2BA | $1.22 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Ashton on Main | 2 Bedroom | 2BR,1BA | $1.33 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| The Wellington | 1 Bedroom | 1BR,1BA | $1.35 |
| The Callaway | 1x1-A | 1BR,1BA | $1.34 |
| Meadow Pointe Apartments | Meadow Pointe 1 BR | 1BR,1BA | $1.11 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Best Local Schools in Danville, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Danville, KY Rentals by Map
See the most popular apartments and homes in Danville, KY
Frequently Asked Questions about Cheap Danville Apartments
How much is rent for a Cheap One Bedroom Danville Apartment?
The lowest price for a Cheap One Bedroom Danville Apartment is $741 at Shawnee Trail Apartments.
What is the lowest price for a Cheap Two Bedroom Danville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Danville is starting from $849 at Meadow Pointe Apartments.
What is the most affordable Danville Three Bedroom Apartment?
The best deal on a cheap Danville Three Bedroom Apartment rental is at 1040 Brandy Ln and starts from $1,000.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.