Cheap Apartments for Rent in London, KY from $500 (28 Rentals)

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Arlington Greene
1 to 4 Bedroom Apartments

Arlington Greene

100 Arlington GreeneLondon, KY 40741
  • Utilities Included

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.

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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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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 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 London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Creek Apartmentsone bdr with balcony1BR,1BA$700
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
East Ridge ApartmentsOne Bedroom1BR,1BA$725
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Arlington Greene2 Bedroom Unit2BR,1BA$758
Meadow Pointe Apartments2 Bedrooms2BR,1BA$849
Ty Lane Apartments1 Bedroom (600sqft)1BR,1BA$850

Best Value Apartments for Rent in London, KY and Nearby

As of April 28, 2026 the best value apartment in the London area is the $0.94 price per square foot 561 Hampton Way Model at 561 Hampton Way, Unit 1 in the starting from $1,500. The second greatest value London apartment is the 2 Bedroom Model at Carriage Place Apartments starting at $1,450 with a $1.12 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.
561 Hampton Way, Unit 1561 Hampton Way3BR,2.5BA$0.94
Carriage Place Apartments2 Bedroom2BR,2BA$1.12
145 Skinner Ln, Unit 145 Skinner Lane145 Skinner Ln2BR,1BA$0.75
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.05
Arlington Greene2 Bedroom Unit2BR,1.5BA$0.79
East Ridge ApartmentsOne Bedroom1BR,1BA$0.81
Meadow Pointe Apartments2 Bedrooms2BR,1BA$0.94
308 N 3rd St, Unit 4308 N 3rd St1BR,1BA$1.00
Mason Greene3 Bedroom Townhouse3BR,1.5BA$1.14
22 Roks Pl, Unit 2222 Roks Pl1BR,1BA$1.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $700 at Eagle Creek 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 $758 at Arlington Greene.

What is the most affordable London Three Bedroom Apartment?

The best deal on a cheap London Three Bedroom Apartment rental is at Mason Greene and starts from $911.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

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