Cheap Apartments for Rent in Georgetown, KY from $600 (55 Rentals)

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

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.

property at 111 Juniper Path

$1,355 - $1,699

1 To 3 Bedroom Rentals

Available Now

111 Juniper Path

GeorgetownKY40324
property at 229 E Washington St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 2 Bath Home for Rent

Available Now

229 E Washington St

GeorgetownKY40324
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Elk River
2 Bedroom Apartments

Elk River

101 Rykara PathGeorgetown, KY 40324
Senior Living
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Aberdine Place
2 Bedroom Apartments

Aberdine Place

154 Aberdine WayGeorgetown, KY 40324

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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103 Star Gazer Dr
2 to 3 Bedroom Apartments

103 Star Gazer Dr

103 Star Gazer DrGeorgetown, KY 40324

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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The Paddock Apartments
$1,125 - $1,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,265

Total Monthly Price
$1,125 - $1,265
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
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  • Customer Reviewed
  • Utilities Included
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Emerald Twenty Four
Rent Specials
$1,189 - $1,936
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,936

Total Monthly Price
$1,189 - $1,936
Studio to 3 Bedroom Apartments Available Now

Emerald Twenty Four

1024 Greendale RdLexington, KY 40511
Student Housing
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  • Customer Reviewed
  • Utilities Included
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The Artisan
$1,250 - $1,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,924

Total Monthly Price
$1,250 - $1,924
1 to 3 Bedroom Apartments Available Now

The Artisan

2601 Sandersville RdLexington, KY 40511
Furnished
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  • Customer Reviewed
  • Utilities Included
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Ashton Park Apartments
Rent Specials
$1,325 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,625

Total Monthly Price
$1,325 - $1,625
1 to 2 Bedroom Apartments Contact Us For Availability

Ashton Park Apartments

2700 Magnolia Springs DrLexington, KY 40511
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Park Vista
1 to 2 Bedroom Apartments

Park Vista

1270 Village DrLexington, KY 40504
  • Utilities Included
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Cambridge Park
1 to 2 Bedroom Apartments

Cambridge Park

2045 Cambridge DrLexington, KY 40504
  • Utilities Included
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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
  • Utilities Included
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Oakdale Apartments
1 to 3 Bedroom Apartments

Oakdale Apartments

2445 Mulundy WayLexington, KY 40511
  • Utilities Included

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.

Georgetown, KY Local Guide

Cheapest Available Georgetown Apartments for Rent

 

The cheapest available apartment rental in Georgetown, KY is a 1 Bed unit found at 1901 Apartment Homes in the Beaumont Residential neighborhood priced from $620. Ferrill Square Apartments - 55+ Community in the Downtown Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here is today’s list of the most affordable Georgetown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$620
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$806
Park VistaPV1.11BR,1BA$829
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$858
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$885
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$992
Amerson Orchard ApartmentsThe Cortland1BR,1BA$999
Overlook at Elkhorn CreekOverlook I and II - 2x12BR,1BA$1,059
Alcove at Russell1 Bedroom1BR,1BA$1,075
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1,100

Best Value Apartments for Rent in Georgetown, KY

As of April 11, 2026 the best value apartment in the Georgetown area is the $1.17 price per square foot 2 Beds, 2 baths Model at Willowbrooke Apartments in the starting from $1,350. The second greatest value Georgetown apartment is the 2 Bedrooms W/ Balcony Model at Thoroughbred Crossing starting at $1,200 with a $1.25 price per square foot in the Beaumont Residential neighborhood. Here is today’s list of the best values for Georgetown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willowbrooke Apartments2 Beds, 2 baths2BR,2BA$1.17
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
Georgetown Oaks ApartmentsOne Bedroom1BR,1BA$1.41
Overlook at Elkhorn CreekOverlook III - 1x11BR,1BA$1.40
Alcove at Russell1 Bedroom1BR,1BA$1.43
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$0.83
Park VistaPV1.11BR,1BA$1.12
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$1.21
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Georgetown, KY Rentals by Map

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Frequently Asked Questions about Cheap Georgetown Apartments

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

The lowest price for a Cheap One Bedroom Georgetown Apartment is $620 at 1901 Apartment Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Georgetown is starting from $858 at Caballo Crossing.

What is the most affordable Georgetown Three Bedroom Apartment?

The best deal on a cheap Georgetown Three Bedroom Apartment rental is at Overlook at Elkhorn Creek and starts from $1,221.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington

Written by: Catrina Cowart

Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.