
Cheap Apartments for Rent near Malone, KY from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Malone.


1510 7th Ave

Katelyn Court Apartments

Morrow Rentals

McGinnis Properties

Total Monthly Price
East Ridge Apartments

Barnett Commons

386 Gibson Ln

Shawnee Trail Apartments
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.

Williamsburg Terrace

Ty Lane Apartments

Summit Apartments

Herd Flats - Campus Housing

Vines at Saddlebrook

Studio 28

1040 Brandy Ln

Twin Lakes Apartments

Royal Oaks at Pea Ridge
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.

Providence Hill Apartments

Townhomes & Flats at MSU

Sunrise Suites

Top Notch Townhomes & Storage

The Resort Apartments

The Lofts at Winchester

Total Monthly Price
Williams Estates Apartments

Legacy Lake Apartments

Total Monthly Price
Carriage Place Apartments
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.

The Prichard

Imperial Lofts

4547-4535 Piedmont Rd

607 20th St

Paint Landing

4 Circle Dr

834 Gail Dr

Sawgrass Greene

(Transitioned) Westmoreland
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.

The Cloister

Pebblecreek Crossing

Oakbrook

207 2nd St E

3348 8th Street Rd

1439 6th Avenue

1088 Merrick Dr

Oak Hill Apartments

Pinson Place Apartments
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.

SPECIALS: The Reserve & Enclave at Fairholme

108 Estonia Dr

1616 Spring Valley Dr
Malone, KY Local Guide

How much does it cost to rent an apartment in Malone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Malone Studio Apartments | $969 | $814 | $1,020 |
| Malone 1 Bedroom Apartments | $878 | $600 | $1,200 |
| Malone 2 Bedroom Apartments | $1,034 | $640 | $1,595 |
| Malone 3 Bedroom Apartments | $1,252 | $850 | $2,100 |
Browse Top Apartments in Malone
See all Apartments in MaloneExplore Malone
Malone, KY Local Guide
- Nearby Cities
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Cheapest Available Malone Apartments for Rent and Nearby
 The cheapest available apartment rental in Malone, KY is a 1 Bed unit found at Fort Gay Apartments in the Wayne County neighborhood priced from $600. Katelyn Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Malone apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $600 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR, 1BA | $695 |
| McGinnis Properties | Townhome | 2BR, 1BA | $700 |
| East Ridge Apartments | One Bedroom | 1BR, 1BA | $725 |
| Shawnee Trail Apartments | One Bedroom | 1BR, 1BA | $741 |
| Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR, 1BA | $755 |
| Paint Landing | 3x1.5 | 3BR, 1BA | $775 |
| Sawgrass Greene | 1x1 | 1BR, 1BA | $783 |
| (Transitioned) Westmoreland | 1 Bedroom 1 Bathroom | 1BR, 1BA | $790 |
| Ty Lane Apartments | 1 Bedroom (630sqft) | 1BR, 1BA | $800 |
Best Value Apartments for Rent in Malone, KY and Nearby
As of September 20, 2026 the best value apartment in the Malone area is the $0.46 price per square foot Townhome Model at McGinnis Properties starting from $700. The second greatest value Malone apartment is the 3x1.5 Model at Paint Landing starting at $775 with a $0.67 price per square foot. Here is today’s list of the best values for Malone apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| McGinnis Properties | Townhome | 2BR, 1.5BA | $0.46 |
| Paint Landing | 3x1.5 | 3BR, 1.5BA | $0.67 |
| Williams Estates Apartments | Two Bedroom | 2BR, 1BA | $1.17 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR, 1.5BA | $1.04 |
| Vines at Saddlebrook | 3 x 1 | 3BR, 1BA | $0.98 |
| East Ridge Apartments | One Bedroom | 1BR, 1BA | $0.81 |
| Royal Oaks at Pea Ridge | ONE BEDROOM UNIT | 1BR, 1BA | $1.11 |
| (Transitioned) Westmoreland | 2 Bedroom 1 Bathroom | 2BR, 1BA | $1.15 |
| Sawgrass Greene | 1x1 | 1BR, 1BA | $1.14 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $0.95 |
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 Malone, KY Rentals by Map
See the most popular apartments and homes in Malone, KY
Frequently Asked Questions about Cheap Malone Apartments
What is the Cheapest Studio apartment in Malone?
Currently the most affordable Cheap Studio Apartment in Malone is at Studio 28 listed at $814.
How much is rent for a Cheap One Bedroom Malone Apartment?
The lowest price for a Cheap One Bedroom Malone Apartment is $600 at Fort Gay Apartments.
What is the lowest price for a Cheap Two Bedroom Malone Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Malone is starting from $640 at Fort Gay Apartments.
What is the most affordable Malone Three Bedroom Apartment?
The best deal on a cheap Malone Three Bedroom Apartment rental is at Paint Landing and starts from $775.
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.