
Cheap Homes for Rent near Lily, KY from $300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lily.


702 W Columbia St

230 New Oak Rd

5340 Beechwood Dr

312 W 5th St

162 Middleground Way
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.

50 Driftwood Cir

71 Driftwood Cir

450 Scaffold Cane Rd

1602 McKinley Ln

1325 Red Lick Rd

302 American Greeting Card Rd
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.

100 Stonecrest Dr
Lily, KY Local Guide

How much does it cost to rent a home in Lily?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lily 2 Bedroom Homes for Rent | $1,121 | $850 | $1,725 |
| Lily 3 Bedroom Homes for Rent | $1,550 | $950 | $2,500 |
| Lily 4 Bedroom Homes for Rent | $2,168 | $1,450 | $2,975 |
| Lily 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Top Homes for Rent in Lily
Explore Lily
Lily, KY Local Guide
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Cheapest Available Lily Apartments for Rent and Nearby
 The cheapest available apartment rental in Lily, KY is a 1 Bed unit found at Betty Jane Apartments priced from $700. Fry Estates Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here is today’s list of the most affordable Lily apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $949 |
| Fairway Lane Apartments | 1 bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Lily, KY and Nearby
As of August 03, 2026 the best value apartment in the Lily area is the $1.00 price per square foot 192 Fairway Ln Model at 192 Fairway Ln, Unit A in the starting from $1,150. The second greatest value Lily apartment is the 194 Fairway Ln Model at 194 Fairway Ln, Unit 194 Fairway Lane starting at $1,200 with a $1.04 price per square foot . Here is today’s list of the best values for Lily apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 192 Fairway Ln, Unit A | 192 Fairway Ln | 2BR,1.5BA | $1.00 |
| 194 Fairway Ln, Unit 194 Fairway Lane | 194 Fairway Ln | 2BR,1.5BA | $1.04 |
| 12 Charlottes Pl | 12 Charlottes Pl | 2BR,1BA | $1.14 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
| Fairway Lane Apartments | 1 bedroom | 1BR,1BA | $1.12 |
| 22 Roks Pl, Unit 22 | 22 Roks Pl | 1BR,1BA | $1.14 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lily, KY Rentals by Map
See the most popular apartments and homes in Lily, KY
Frequently Asked Questions about Lily
What type of rentals are currently available in Lily?
There are currently 29 Apartments for Rent in Lily, KY with pricing that ranges from $600 to $1,600. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lily ranging from $399 to $2,975.
What is the current price range for Rental Homes in Lily?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lily ranges from $399 to $2,975 with an average monthly rent of $1,318.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.