
Cheap Homes for Rent in Danville, KY from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Danville.


597 Harris Creek Rd

429-1 Chestnut St

115 Murphy Ln

114 Mobile Dr
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.

146 Grinder Ct

107 Floyd Ct

100 Floyd Ct

441 Price Ave

98 Andrea Dr
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.
Danville, KY Local Guide

How much does it cost to rent a home in Danville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Danville 2 Bedroom Homes for Rent | $1,208 | $895 | $1,850 |
| Danville 3 Bedroom Homes for Rent | $1,926 | $1,200 | $2,800 |
| Danville 4 Bedroom Homes for Rent | $2,259 | $1,500 | $2,995 |
| Danville 5 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
Browse Top Homes for Rent in Danville
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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 Katelyn Court Apartments priced from $695. Shawnee Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $741. Here is today’s list of the most affordable Danville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $695 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Meadow Pointe Apartments | 2 Bedrooms | 2BR,1BA | $859 |
Best Value Apartments for Rent in Danville, KY and Nearby
As of July 03, 2026 the best value apartment in the Danville area is the $1.32 price per square foot 3 Bedroom Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,737. The second greatest value Danville apartment is the C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments starting at $1,638 with a $1.34 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 | $1.32 |
| Bridle Creek Apartments | C1 University - 3br - Three Bedroom, Two Bathroom | 3BR,2BA | $1.34 |
| Vetra Lexington | 3 Bedroom 1 Bath | 3BR,1BA | $1.34 |
| Breckenridge Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
| Meadow Pointe Apartments | 2 Bedrooms | 2BR,1BA | $0.95 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Brandywine | 1 Bed | 1BR,1BA | $1.29 |
| Ashton on Main | 2 Bedroom | 2BR,1BA | $1.33 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
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.
Best Local Schools in Danville, KY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Danville
What type of rentals are currently available in Danville?
There are currently 61 Apartments for Rent in Danville, KY with pricing that ranges from $695 to $5,950. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Danville ranging from $399 to $2,995.
What is the current price range for Rental Homes in Danville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Danville ranges from $399 to $2,995 with an average monthly rent of $1,648.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.