
Cheap Apartments for Rent in Lawrence, KY from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Lawrence.


Maury Village Apartments

1510 7th Ave

Garden Park Apartments
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.

Westmoreland Estates

Southmoor Hills

Townhomes & Flats at MSU

Herd Flats - Campus Housing

Royal Oaks at Pea Ridge
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.

Providence Hill Apartments

Top Notch Townhomes & Storage

611 20th St W

607 20th St

139 Clayton Ave
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.

2469 3rd Ave

60 Township Rd 1118

6466 Farmdale Rd

1020 Church St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2211 US-60

1311 Huntington Ave

131 Lancelot Ct
Lawrence, KY Local Guide

How much does it cost to rent an apartment in Lawrence?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lawrence Studio Apartments | $1,033 | $715 | $1,250 |
Lawrence 1 Bedroom Apartments | $1,039 | $595 | $3,150 |
Lawrence 2 Bedroom Apartments | $1,121 | $658 | $2,957 |
Lawrence 3 Bedroom Apartments | $1,197 | $688 | $2,350 |
Lawrence 4 Bedroom Apartments | $1,201 | $1,201 | $1,201 |
Browse Top Apartments in Lawrence
See all Apartments in LawrenceExplore Lawrence
Lawrence, KY Local Guide
- Nearby Cities
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Cheapest Available Lawrence Apartments for Rent and Nearby
 The cheapest available apartment rental in Lawrence, KY is a 1 Bed unit found at Victory Place priced from $572. 4547-4535 Piedmont Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Lawrence apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Victory Place | 1 Bedroom Unit | 1BR,1BA | $572 |
4547-4535 Piedmont Rd | One Bed One Bath | 1BR,1BA | $595 |
Maury Village Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $623 |
The Place at Slate Creek | One Bedroom | 1BR,1BA | $650 |
4 Circle Dr | 4 Circle Drive | 2BR,1BA | $695 |
The Cloister | 1-Bedroom | 1BR,1BA | $700 |
Breck Gardens | 2 Bedroom 1 Bathroom | 2BR,1BA | $701 |
Garden Park Apartments | Studio | Studio,1BA | $715 |
Main Street Apartments | 2 Bed/1 Bath | 2BR,1BA | $725 |
Westmoreland Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
Best Value Apartments for Rent in Lawrence, KY and Nearby
As of July 27, 2025 the best value apartment in the Lawrence area is the $0.87 price per square foot 3 Bed/1.5 Bath Townhouse Model at 3811-3850 Sleepy Hollow Dr in the in the Teays Valley Hurricane neighborhood starting from $1,300. The second greatest value Lawrence apartment is the 3 Bedroom 2 Bathroom - Straight Bedroom Layout Model at SABLE POINT starting at $1,125 with a $0.91 price per square foot in the Teays Valley Hurricane neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3811-3850 Sleepy Hollow Dr | 3 Bed/1.5 Bath Townhouse | 3BR,1.5BA | $0.87 |
SABLE POINT | 3 Bedroom 2 Bathroom - Straight Bedroom Layout | 3BR,2BA | $0.91 |
Victory Place | 3 Bedroom Unit | 3BR,1.5BA | $0.95 |
Emerald Gardens | 2 bedrooms | 2BR,1.5BA | $0.85 |
Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
Royal Oaks at Pea Ridge | ONE BEDROOM UNIT | 1BR,1BA | $1.01 |
Brook Side Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.00 |
Main Street Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.91 |
Breck Gardens | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.94 |
The Place at Slate Creek | One Bedroom | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lawrence, KY Rentals by Map
See the most popular apartments and homes in Lawrence, KY
Frequently Asked Questions about Cheap Lawrence Apartments
What is the Cheapest Studio apartment in Lawrence?
Currently the most affordable Cheap Studio Apartment in Lawrence is at Garden Park Apartments listed at $715.
How much is rent for a Cheap One Bedroom Lawrence Apartment?
The lowest price for a Cheap One Bedroom Lawrence Apartment is $572 at Victory Place.
What is the lowest price for a Cheap Two Bedroom Lawrence Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lawrence is starting from $658 at Maury Village Apartments.
What is the most affordable Lawrence Three Bedroom Apartment?
The best deal on a cheap Lawrence Three Bedroom Apartment rental is at Maury Village Apartments and starts from $688.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.