
Cheap Homes for Rent in Lily, KY from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lily.


702 W Columbia St

202 19th street B

230 New Oak Rd
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.

261 Scott Ln

1019 Brooklyn Blvd

1109 W 5th Street Rd

1109 5th Street Rd
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.

51 Lee's Ford Dock Rd
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 | $1,191 | $425 | $1,950 |
| Lily 3 Bedroom Homes for Rent | $1,871 | $800 | $3,000 |
| Lily 4 Bedroom Homes for Rent | $2,166 | $2,000 | $2,500 |
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 Eagle Creek Apartments priced from $600. 135 Little Dr 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Creek Apartments | one bdr basement | 1BR,1BA | $600 |
| 135 Little Dr | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $849 |
Best Value Apartments for Rent in Lily, KY and Nearby
As of December 13, 2025 the best value apartment in the Lily area is the $0.78 price per square foot 69 Cr-1291Q Model at 69 Cr-1291Q, Unit 2 in the starting from $780. The second greatest value Lily apartment is the Two Bedroom One Bathroom Model at Fry Estates Apartments starting at $849 with a $0.88 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. |
|---|---|---|---|
| 69 Cr-1291Q, Unit 2 | 69 Cr-1291Q | 3BR,1BA | $0.78 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.88 |
| 308 N 3rd St, Unit 3 | 308 N 3rd St | 1BR,1BA | $1.00 |
| 39 Christian St, Unit 39 | 39 Christian St | 2BR,1.5BA | $1.09 |
| 135 Little Dr | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| Eagle Creek Apartments | one bdr with balcony | 1BR,1BA | $1.51 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 24 Apartments for Rent in Lily, KY with pricing that ranges from $600 to $1,650. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lily ranging from $425 to $3,000.
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 $425 to $3,000 with an average monthly rent of $1,415.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.