Cheap Apartments for Rent in Danville, KY from $500 (31 Rentals)

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The Village Apartments
1 to 3 Bedroom Apartments

The Village Apartments

104 McClure DrDanville, KY 40422
  • 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.

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Danville, KY Local Guide

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 $726. 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 ListingModel NameBed/BathPriced From
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$749
MeadowoodStudio OStudio,1BA$780
CREEKSIDE SENIOR APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$825
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$825
The Racquet Club ApartmentsA - Sport1BR,1BA$885
1040 Brandy LnTwo Bed2BR,1BA$900
Brandywine1 Bed1BR,1BA$915
The MetropolitanWoodford1BR,1BA$935
MAA MansionMaxwell1BR,1BA$938

Best Value Apartments for Rent in Danville, KY and Nearby

As of February 03, 2026 the best value apartment in the Danville area is the $1.33 price per square foot 3x2 With Garage Model at The Tracery Apartments in the in the Stonewall Community neighborhood starting from $2,192. The second greatest value Danville apartment is the 2BR/2.0BA Model at Oak Hill Apartments starting at $1,200 with a $1.09 price per square foot . Here is today’s list of the best values for Danville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Tracery Apartments3x2 With Garage3BR,2BA$1.33
Oak Hill Apartments2BR/2.0BA2BR,2BA$1.09
Brandywine2 Bed Large2BR,2BA$1.25
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.14
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$0.97
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
1040 Brandy LnTwo Bed2BR,1BA$1.25
The MetropolitanWoodford1BR,1BA$1.32
The Callaway1 Bedroom Traditional1BR,1BA$1.37
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$1.11

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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The 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.

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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.

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Quick Rent Budget Calculator

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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 Danville Apartments

How much is rent for a Cheap One Bedroom Danville Apartment?

The lowest price for a Cheap One Bedroom Danville Apartment is $726 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 $825 at 4044 Expo Ct, Lexington, KY, 40515-4682.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.