Cheap Apartments for Rent near Farmington, KY from $600 (28 Rentals)

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

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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Showing Results 1-28, Page 1 of 1

Farmington, KY Local Guide

Cheapest Available Farmington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Farmington, KY is a 1 Bed unit found at Bee Creek Crossing (Senior Apartments 55+) priced from $650. Mora Mi Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$650
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$660
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$700
Commonwealth Court Apartments1 BR1BR,1BA$705
Marketplace Commons Apartments1 Bedroom1BR,1BA$745
Lakeside Manor Apartments2 Bedroom2BR,1BA$750
Jackson House1 Bedroom - Jackson House1BR,1BA$781
PARK VILLAGE OF PARIS2 Bedroom 1 Bathroom2BR,1BA$786
Grove Apartments1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Farmington, KY and Nearby

As of July 26, 2026 the best value apartment in the Farmington area is the $1.06 price per square foot 2 Bedroom | 2 Bath Model at The Lory of Greenway Village in the starting from $1,325. The second greatest value Farmington apartment is the Hadley Model at Westcreek Villas starting at $1,449 with a $1.22 price per square foot . Here is today’s list of the best values for Farmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lory of Greenway Village2 Bedroom | 2 Bath2BR,2BA$1.06
Westcreek VillasHadley2BR,2BA$1.22
PARK VILLAGE OF PARIS4 Bedroom 2 Bathroom4BR,2BA$1.03
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84
Marketplace Commons Apartments1 Bedroom1BR,1BA$0.94
Lakeside Manor Apartments2 Bedroom2BR,1BA$0.96
Grove Apartments1 Bedroom1BR,1BA$1.12
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$0.92
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$0.96
Commonwealth Court Apartments1 BR1BR,1BA$1.07

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 Farmington Apartments

What is the Cheapest Studio apartment in Farmington?

Currently the most affordable Cheap Studio Apartment in Farmington is at Royal Ridge listed at $700.

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

The lowest price for a Cheap One Bedroom Farmington Apartment is $650 at Bee Creek Crossing (Senior Apartments 55+).

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

Today's best deal for a Cheap Two Bedroom Apartment in Farmington is starting from $750 at Mora Mi Apartments.

What is the most affordable Farmington Three Bedroom Apartment?

The best deal on a cheap Farmington Three Bedroom Apartment rental is at Mora Mi Apartments and starts from $850.

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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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.

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

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.