Cheap Apartments for Rent in Drakesboro, KY from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Drakesboro.

Willow Run

PENNYRILE SENIOR APARTMENTS

Greenhaven Apartments ALL UTILITIES PAID!

Western Green
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.

Northfield Manor Apartments

Legion Park & Heartwood Court Apartments

Cameron Park Apartments

Kingston Square Apartments
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.

Slate Run

Canterbury Apartments

Keystone Commons - SoKy Rentals

Royal Arms of Owensboro

Keystone Apartments

The Ridge at Walnut Valley

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

126 E Broad St

211 Fairview St

204 N Warren St

1112 E 18th St

630 Woodford Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

115 E 5th St

5608 Pembroke-Fairview Rd

5606 Pembroke-Fairview Rd
Drakesboro, KY Local Guide

How much does it cost to rent an apartment in Drakesboro?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Drakesboro Studio Apartments | $655 | $625 | $685 |
Drakesboro 1 Bedroom Apartments | $898 | $525 | $1,230 |
Drakesboro 2 Bedroom Apartments | $1,014 | $625 | $1,470 |
Drakesboro 3 Bedroom Apartments | $1,237 | $725 | $1,660 |
Drakesboro 4 Bedroom Apartments | $829 | $575 | $1,550 |
Browse Top Apartments in Drakesboro
See all Apartments in DrakesboroExplore Drakesboro
Drakesboro, KY Local Guide
- Nearby Cities
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Cheapest Available Drakesboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Drakesboro, KY is a 1 Bed unit found at 225 Clara’s priced from $525. Willow Run has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Drakesboro apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
225 Clara’s | 1-bedroom | 1BR,1BA | $525 |
Willow Run | The Bristol | Studio,1BA | $625 |
Eagle Crossing | One Bedroom | One Bathroom | 1BR,1BA | $699 |
Western Green | One Bedroom | 1BR,1BA | $725 |
Northfield Manor Apartments | 1 Bedroom | 1BR,1BA | $725 |
1631 S Main St | One Bed | 1BR,1BA | $750 |
PENNYRILE SENIOR APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $750 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
Cameron Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $815 |
Slate Run | One Bedroom One Bath | 1BR,1BA | $834 |
Best Value Apartments for Rent in Drakesboro, KY and Nearby
As of May 22, 2025 the best value apartment in the Drakesboro area is the $1.02 price per square foot 3 Bedroom Model at Summerland Townhomes in the starting from $1,450. The second greatest value Drakesboro apartment is the The Walnut Model at The Ridge at Walnut Valley starting at $899 with a $0.84 price per square foot . Here is today’s list of the best values for Drakesboro apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Summerland Townhomes | 3 Bedroom | 3BR,2.5BA | $1.02 |
The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $0.84 |
Waterford | Two Bedrooms/One 1/2 Bath | 2BR,1.5BA | $1.04 |
Canterbury Apartments | Phase 2 | 2BR,2BA | $0.90 |
Bakers Springs | 2 Bed/2 Baths | 2BR,2BA | $1.05 |
Keystone Commons - 2184 | Dowsntairs 2 Bedroom | 2BR,2BA | $1.02 |
Morris Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
PENNYRILE SENIOR APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
Eagle Crossing | One Bedroom | One Bathroom | 1BR,1BA | $1.04 |
225 Clara’s | 1-bedroom | 1BR,1BA | $0.91 |
Quick 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!
Explore Drakesboro, KY Rentals by Map
See the most popular apartments and homes in Drakesboro, KY
Getting Around Drakesboro, KY
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
11 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Drakesboro Apartments
How much is rent for a Cheap One Bedroom Drakesboro Apartment?
The lowest price for a Cheap One Bedroom Drakesboro Apartment is $525 at 225 Clara’s.
What is the lowest price for a Cheap Two Bedroom Drakesboro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Drakesboro is starting from $750 at PENNYRILE SENIOR APARTMENTS.
What is the most affordable Drakesboro Three Bedroom Apartment?
The best deal on a cheap Drakesboro Three Bedroom Apartment rental is at 225 Clara’s and starts from $725.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.