Cheap Apartments for Rent near Falmouth, KY from $600 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Falmouth.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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property at 235 Mulberry St

$1,250

3 Bedroom, 2 Bath Home for Rent

Available Now

235 Mulberry St

FelicityOH45120
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Falmouth, KY Local Guide

Cheapest Available Falmouth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Falmouth, KY is a Studio unit found at Mary Ingles Place in the California neighborhood priced from $615. Amelia Court Apartments in the Forest Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Falmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Ingles PlaceSTUDIOStudio,1BA$615
Amelia Court Apartments1 Bed, 1 bath1BR,1BA$815
Crown Crossing Apartments1 Bedroom 1 Bath - 540SqFt1BR,1BA$885
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$950
The Links1 Bed 1 Bath1BR,1BA$1,000
Oakmont Flats Apartments1x1A R1BR,1BA$1,055
Country Club Estates1 Bed/ 1 Bath w/Balcony-3rd Flr1BR,1BA$1,075
Markim Place Apartments2 Bed 1 Bath2BR,1BA$1,095
29 Warsaw Ave31 - 2 Bedroom2BR,1BA$1,100
Independence OaksTwo Bedroom2BR,2BA$1,140

Best Value Apartments for Rent in Falmouth, KY and Nearby

As of July 31, 2026 the best value apartment in the Falmouth area is the $1.35 price per square foot 3 Bedroom, 1.5 Bath Duplex 1,200SqFt Model at Norse Landing in the in the Campbell County neighborhood starting from $1,615. The second greatest value Falmouth apartment is the 2/2 R Front Model at The Farm at Taylor Mill starting at $1,525 with a $1.37 price per square foot in the Kenton County neighborhood. Here is today’s list of the best values for Falmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Norse Landing3 Bedroom, 1.5 Bath Duplex 1,200SqFt3BR,1.5BA$1.35
The Farm at Taylor Mill2/2 R Front2BR,2BA$1.37
Overlook Apartments - OVLBarlow2BR,2BA$1.40
Independence OaksTwo Bedroom2BR,2BA$1.09
Glen Hollow2 bed 2 bath2BR,2BA$1.34
Indian River Apartments1 Bed/1 Bath 2nd Floor1BR,1BA$1.34
29 Warsaw Ave29 - 3 Bedroom3BR,1BA$1.32
Markim Place Apartments2 Bed 1 Bath2BR,1BA$1.35
White Oak Square Apartments1 Bedroom1BR,1BA$0.96
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$1.36

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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Real 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.

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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 Falmouth Apartments

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

The lowest price for a Cheap One Bedroom Falmouth Apartment is $815 at Amelia Court Apartments.

What is the lowest price for a Cheap Two Bedroom Falmouth Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Falmouth is starting from $1,050 at Furlong Trails Apartments.

What is the most affordable Falmouth Three Bedroom Apartment?

The best deal on a cheap Falmouth Three Bedroom Apartment rental is at 29 Warsaw Ave and starts from $1,225.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.