Cheap Apartments for Rent in Ferguson, KY from $400 (39 Rentals)

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

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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Faith Court Townhomes
1 to 3 Bedroom Apartments

Faith Court Townhomes

235-239 E Somerset Church RdSomerset, KY 42503

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.

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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
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Pebblecreek Crossing
1 to 2 Bedroom Apartments

Pebblecreek Crossing

418 Big Hill AveRichmond, KY 40475
Senior Living
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Somerset Village
1 to 3 Bedroom Apartments

Somerset Village

500 Somerset VlgSomerset, KY 42501
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Mason Greene
1 to 4 Bedroom Apartments

Mason Greene

54 Stokes CtMonticello, KY 42633
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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included
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Century Lofts
1 Bedroom Apartments

Century Lofts

113 N Main StCorbin, KY 40701

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 21 Weesner Dr

$1,000

2 Bedroom Rentals

Available Jun 1

21 Weesner Dr

WilliamsburgKY40769
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Ferguson, KY Local Guide

Cheapest Available Ferguson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ferguson, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $595. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Ferguson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$595
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
Eagle Creek Apartmentsone bdr with balcony1BR,1BA$700
East Ridge ApartmentsOne Bedroom1BR,1BA$725
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Town Pointe ApartmentsStudioStudio,1BA$795
Meadow Pointe Apartments2 Bedrooms2BR,1BA$849
Pebblecreek CrossingTwo Bedroom2BR,1BA$859
1040 Brandy LnTwo Bed2BR,1BA$900
Mason Greene3 Bedroom Townhouse3BR,1BA$911

Best Value Apartments for Rent in Ferguson, KY and Nearby

As of May 27, 2026 the best value apartment in the Ferguson area is the $0.94 price per square foot The Dream Model at Green River Lake Commons in the starting from $1,144. The second greatest value Ferguson apartment is the 3BR/2.5BA Model at 2005 Willow Dr starting at $1,425 with a $1.19 price per square foot . Here is today’s list of the best values for Ferguson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Green River Lake CommonsThe Dream3BR,2BA$0.94
2005 Willow Dr3BR/2.5BA3BR,2.5BA$1.19
Woodlawn Estates2 Beds, 1 Baths2BR,1BA$1.12
Arrowhead RanchRHP2BR,2BA$1.14
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.06
Meadow Pointe Apartments2 Bedrooms2BR,1BA$0.94
East Ridge ApartmentsOne Bedroom1BR,1BA$0.81
Pebblecreek CrossingTwo Bedroom2BR,1BA$0.97
Mason Greene3 Bedroom Townhouse3BR,1.5BA$1.14
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$1.08

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!

Explore Ferguson, KY Rentals by Map

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Frequently Asked Questions about Cheap Ferguson Apartments

What is the Cheapest Studio apartment in Ferguson?

Currently the most affordable Cheap Studio Apartment in Ferguson is at Town Pointe Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Ferguson Apartment is $595 at Katelyn Court Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ferguson is starting from $800 at Eagle Creek Apartments.

What is the most affordable Ferguson Three Bedroom Apartment?

The best deal on a cheap Ferguson Three Bedroom Apartment rental is at Mason Greene and starts from $911.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.