Cheap Apartments for Rent in London, KY from $500 (43 Rentals)

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

property at 108 Morgan St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

108 Morgan St

LondonKY40741
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Rosedale Uptown
1 Bedroom Apartments

Rosedale Uptown

258 E 3rd StLondon, KY 40741

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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East Ridge Apartments
$725 - $1,050
Total Monthly Price

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Base Rent
$725 - $1,050
Total Monthly Price
$725 - $1,050
1 to 2 Bedroom Apartments Contact Us For Availability

East Ridge Apartments

410 Jason DrRichmond, KY 40475
Student Housing
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308 N 3rd St, Unit 4
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
1 Bedroom Apartment Available Now

308 N 3rd St, Unit 4

308 N 3rd StWilliamsburg, KY 40769
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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Pebblecreek Crossing
1 to 2 Bedroom Apartments

Pebblecreek Crossing

418 Big Hill AveRichmond, KY 40475
Senior Living

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.

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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 2070 US-25W

$1,000

2 Bedroom Rentals

Available Now

2070 US-25W

WilliamsburgKY40769
Showing Results 1-43, Page 1 of 1

London, KY Local Guide

Cheapest Available London Apartments for Rent and Nearby

 

The cheapest available apartment rental in London, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $595. 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 London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$595
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
Pebblecreek CrossingOne Bedroom1BR,1BA$724
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Rosedale Uptown1/11BR,1BA$845
Century LoftsOne Bed1BR,1BA$900
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,015
The Resort Apartments1BD/ 1 BA1BR,1BA$1,045

Best Value Apartments for Rent in London, KY and Nearby

As of June 13, 2026 the best value apartment in the London area is the $0.95 price per square foot 3 Bedroom Model at Twin Lakes Apartments in the starting from $1,262. The second greatest value London apartment is the 3BR/2.5BA Model at 2005 Willow Dr starting at $1,425 with a $1.19 price per square foot . Here is today’s list of the best values for London apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Twin Lakes Apartments3 Bedroom3BR,2BA$0.95
2005 Willow Dr3BR/2.5BA3BR,2.5BA$1.19
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.06
277 American Greeting Card Rd, Unit A277 American Greeting Card Rd2BR,1BA$0.83
308 N 3rd St, Unit 4308 N 3rd St1BR,1BA$1.00
Pebblecreek CrossingOne Bedroom1BR,1BA$1.03
Century LoftsOne Bed1BR,1BA$1.29
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$1.27
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$1.08
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.41

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap London Apartments

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

The lowest price for a Cheap One Bedroom London Apartment is $595 at Katelyn Court Apartments.

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

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

What is the most affordable London Three Bedroom Apartment?

The best deal on a cheap London Three Bedroom Apartment rental is at Betty Jane Apartments and starts from $1,000.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.