
Cheap Homes for Rent in Lily, KY from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Lily.


372 Ester Spur Rd

702 W Columbia St

515 Vanzant Rd

489 Vanzant Rd

370 Ester Spur Rd

312 W 5th St
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.

467 Vanzant Rd

50 Driftwood Cir

71 Driftwood Cir

33 Driftwood Cir

119 Lookout St

117 Lookout St

100 Majak Dr
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.
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 | $1,092 | $675 | $1,495 |
| Lily 3 Bedroom Homes for Rent | $1,547 | $850 | $2,300 |
| Lily 4 Bedroom Homes for Rent | $1,775 | $1,350 | $2,900 |
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Lily, KY Local Guide
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Best Value Homes for Rent in Lily, KY and Nearby
As of September 18, 2026 the best value rental home in the Lily area is the $0.59 price per square foot 503 Vanzant Rd Model at 503 Vanzant Rd starting from $1,350. The second greatest value Lily rental home is the 120 Aker Holt Rd Model at 120 Aker Holt Rd starting at $1,199 with a $0.58 price per square foot. Here is today’s list of the best values for Lily homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 503 Vanzant Rd | 503 Vanzant Rd | 4BR, 2BA | $0.59 |
| 120 Aker Holt Rd | 120 Aker Holt Rd | 3BR, 2BA | $0.58 |
| 616 Red Lick Rd | 616 Red Lick Rd | 3BR, 2BA | $1.05 |
| 145 Lancaster St | 145 Lancaster St | 4BR, 1BA | $0.80 |
| 844 Ridgewood Dr | 844 Ridgewood Dr | 2BR, 2.5BA | $0.95 |
| 709 Adkins St | 709 Adkins St | 2BR, 1.5BA | $0.83 |
| 7355 N HWY 27 | 7355 N HWY 27 | 2BR, 1BA | $1.00 |
| 467 Vanzant Rd | 467 Vanzant Rd | 3BR, 2BA | $0.85 |
| 489 Vanzant Rd | 489 Vanzant Rd | 2BR, 2BA | $0.75 |
| 515 Vanzant Rd | 515 Vanzant Rd | 2BR, 1BA | $0.75 |
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 ArticleNavigating 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.
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 31 Apartments for Rent in Lily, KY with pricing that ranges from $600 to $1,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lily ranging from $600 to $2,900.
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 $600 to $2,900 with an average monthly rent of $1,207.
How much are larger Three and Four Bedroom Rentals in Lily?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lily range from $869 to $1,193, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $946.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.