Cheap Apartments for Rent in Greenville, KY from $500 (37 Rentals)

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

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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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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property at 106 Koffman Dr

$595 - $695

1 To 2 Bedroom Rentals

Available Now

106 Koffman Dr

HopkinsvilleKY42240

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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Moss View
1 to 2 Bedroom Apartments

Moss View

240 Moss View StBowling Green, KY 42101
  • Utilities Included
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Thames Valley
1 to 3 Bedroom Apartments

Thames Valley

134-272 Audley AveBowling Green, KY 42101
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Kirkman Terrace
1 to 2 Bedroom Apartments

Kirkman Terrace

100 Croft StHopkinsville, KY 42240
Senior Living
  • Utilities Included
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Little River Landings
1 to 3 Bedroom Apartments

Little River Landings

1101 Pyle LnHopkinsville, KY 42240
  • Utilities Included
property at 199 Ricedale Cir

$800 - $995

1 To 2 Bedroom Rentals

Available Now

199 Ricedale Cir

DrakesboroKY42337

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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Oxford Square
1 to 2 Bedroom Apartments

Oxford Square

322 River Tanmer WayBowling Green, KY 42101
  • Utilities Included
Showing Results 1-37, Page 1 of 1

Greenville, KY Local Guide

Cheapest Available Greenville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenville, KY is a 1 Bed unit found at Willow Run priced from $515. 225 Clara Drive has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Greenville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow RunThe Hampton1BR,1BA$515
225 Clara Drive*2/12BR,1BA$625
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
PENNYRILE SENIOR APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$699
Slate RunOne Bedroom One Bath1BR,1BA$749
Greenhaven Apartments ALL UTILITIES PAID!One Bedroom Floor Plan1BR,1BA$750
Ambassador VillasAmbassador 1 BD1BR,1BA$750
1631 S Main StOne Bed1BR,1BA$750
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Northfield Manor Apartments1 Bedroom1BR,1BA$790

Best Value Apartments for Rent in Greenville, KY and Nearby

As of May 27, 2026 the best value apartment in the Greenville area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Greenville apartment is the 2 Bedroom Model at Summerland Townhomes starting at $1,395 with a $1.00 price per square foot . Here is today’s list of the best values for Greenville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Summerland Townhomes2 Bedroom2BR,2.5BA$1.00
120 Rose Edd BlvdRose Edd2BR,2BA$1.00
WaterfordTwo Bedrooms/One 1/2 Bath2BR,1.5BA$1.00
Oak Tree Farms2 Bedroom, 1.5 Bath2BR,1.5BA$0.93
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.00
The Ridge at Walnut ValleyThe Willow1BR,1BA$1.00
Willow RunThe Sterling2BR,1BA$0.92
Eagle Crossing2 Bedroom2BR,1BA$1.01
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84

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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Best Local Schools in
Greenville, KY

School data provided by Great Schools

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

Explore Greenville, KY Rentals by Map

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Frequently Asked Questions about Cheap Greenville Apartments

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

The lowest price for a Cheap One Bedroom Greenville Apartment is $515 at Willow Run.

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

Today's best deal for a Cheap Two Bedroom Apartment in Greenville is starting from $625 at 225 Clara Drive.

What is the most affordable Greenville Three Bedroom Apartment?

The best deal on a cheap Greenville Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.