Cheap Apartments for Rent near Hillsboro, KY from $625 (33 Rentals)

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

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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The Ascent1555
Rent Specials
$975 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,395
Total Monthly Price
$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Williams Estates Apartments
$1,104 - $1,429
Total Monthly Price

Total Monthly Price

Base Rent
$1,104 - $1,429
Total Monthly Price
$1,104 - $1,429
1 to 2 Bedroom Apartments Available Aug 25

Williams Estates Apartments

2005 John Stuart DrMount Sterling, KY 40353
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Riverview Place
1 to 2 Bedroom Apartments

Riverview Place

101 Governor StRipley, OH 45167
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Sawgrass Greene
1 to 4 Bedroom Apartments

Sawgrass Greene

100 Sawgrass LnGrayson, KY 41143
  • Utilities Included

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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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing

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 1-33, Page 1 of 1

Hillsboro, KY Local Guide

Cheapest Available Hillsboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hillsboro, KY is a 2 Beds unit found at McGinnis Properties priced from $700. Sawgrass Greene in the Carter County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $753. Here is today’s list of the most affordable Hillsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McGinnis PropertiesTownhome2BR,1BA$700
Sawgrass Greene2x12BR,1BA$753
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$755
The Dawn Run ApartmentsStudio XLStudio,1BA$790
Studio 280BR/1.0BAStudio,1BA$814
Double Tree ApartmentsStudioStudio,1BA$875
Summit Apartments2 Bed 1 Bath W/D HK2BR,1BA$949
Flats at 2875Newly-Renovated Studio Apartments!Studio,1BA$950
Prime Hamburg ApartmentsElite 1BR - 1BTH1BR,1BA$975
The Ascent1555Renovated StudioStudio,1BA$975

Best Value Apartments for Rent in Hillsboro, KY and Nearby

As of August 23, 2026 the best value apartment in the Hillsboro area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Hillsboro apartment is the 3 Bedroom 2.5 Bath Model at The Pines starting at $1,650 with a $1.17 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for Hillsboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.17
Hamburg FarmsB2 Stansbury - 2 Bedroom, 2.5 Bathroom2BR,2.5BA$1.23
Brighton 3050Loft 11BR,1BA$1.22
Sawgrass Greene3x23BR,1.5BA$0.94
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$1.04
The Lofts at Winchester2BR/1.0BA2BR,1BA$1.17
Summit Apartments2 Bed 1 Bath W/D HK2BR,1BA$1.06
Polo Club Park - Senior/Affordable Housing2bd2BR,1BA$1.24
Prime Hamburg ApartmentsElite 1BR - 1BTH1BR,1BA$1.31

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!

Explore Hillsboro, KY Rentals by Map

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Frequently Asked Questions about Cheap Hillsboro Apartments

What is the Cheapest Studio apartment in Hillsboro?

Currently the most affordable Cheap Studio Apartment in Hillsboro is at The Dawn Run Apartments listed at $790.

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

The lowest price for a Cheap One Bedroom Hillsboro Apartment is $755 at Williamsburg Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hillsboro is starting from $700 at McGinnis Properties.

What is the most affordable Hillsboro Three Bedroom Apartment?

The best deal on a cheap Hillsboro Three Bedroom Apartment rental is at Williamsburg Terrace and starts from $1,063.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.