Cheap Apartments for Rent in Lily, KY from $600 (9 Rentals)

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

property at 114 Central Ave

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Townhome for Rent

Available May 3

114 Central Ave, Unit B

114 Central Ave
BereaKY40403

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Lily, KY Local Guide

Cheapest Available Lily Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lily, KY is a 1 Bed unit found at Eagle Creek Apartments priced from $700. 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 Lily apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Creek Apartmentsone bdr with balcony1BR,1BA$700
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
Century LoftsOne Bed1BR,1BA$1,000

Best Value Apartments for Rent in Lily, KY and Nearby

As of March 15, 2026 the best value apartment in the Lily area is the $1.43 price per square foot 244 Pepperhill Dr Model at 244 Pepperhill Dr, Unit 505 in the starting from $1,500. The second greatest value Lily apartment is the 39 Melrose Dr Model at 39 Melrose Dr, Unit 39 Melrose Drive starting at $1,100 with a $1.10 price per square foot . Here is today’s list of the best values for Lily apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
244 Pepperhill Dr, Unit 505244 Pepperhill Dr2BR,2.5BA$1.43
39 Melrose Dr, Unit 39 Melrose Drive39 Melrose Dr2BR,2BA$1.10
12 Charlottes Pl12 Charlottes Pl2BR,1BA$1.19
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.05
308 N 3rd St, Unit 4308 N 3rd St1BR,1BA$1.00
22 Roks Pl, Unit 2222 Roks Pl1BR,1BA$1.14
Century LoftsOne Bed1BR,1BA$1.43
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$1.27
Eagle Creek Apartmentsone bdr with balcony1BR,1BA$1.51

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Frequently Asked Questions about Cheap Lily Apartments

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

The lowest price for a Cheap One Bedroom Lily Apartment is $700 at Eagle Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lily is starting from $860 at Betty Jane Apartments.

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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Written by: Christine Leonard, Esq.

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.