Cheap Homes for Rent in Farmington, KY from $600 (13 Rentals)

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

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.

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.

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 Marketplace Commons Apartments priced from $325. Bee Creek Crossing (Senior Apartments 55+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Marketplace Commons Apartments1 Bedroom1BR,1BA$325
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$650
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$700
Commonwealth Court Apartments1 BR1BR,1BA$705

Best Value Apartments for Rent in Farmington, KY and Nearby

As of July 03, 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 4 Bedroom 2 Bathroom Model at PARK VILLAGE OF PARIS starting at $1,195 with a $1.03 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
PARK VILLAGE OF PARIS4 Bedroom 2 Bathroom4BR,2BA$1.03
Chapel Ridge Martin2 Bedroom 2 Bath2BR,2BA$0.86
Riviera Apartments2 Bed2BR,1BA$1.14
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84
Marketplace Commons Apartments1 Bedroom1BR,1BA$0.41
Lakeside Manor Apartments2 Bedroom2BR,1BA$0.96
Grove Apartments1 Bedroom1BR,1BA$1.12
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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Farmington

What type of rentals are currently available in Farmington?

There are currently 42 Apartments for Rent in Farmington, KY with pricing that ranges from $325 to $3,850. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $600 to $3,400.

What is the current price range for Rental Homes in Farmington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $600 to $3,400 with an average monthly rent of $1,613.

How much are larger Three and Four Bedroom Rentals in Farmington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Farmington range from $450 to $1,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,195.

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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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.

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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.

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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.