
Cheap Homes for Rent in Midway, KY from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Midway.


1322 Chinook Trl

304 Quachita Trail

201 S Broadway St

345 Bypass Plaza Dr
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.

135 Willis Ave

217 Creekside Ct

221 Tanbark Dr

523 Tecumseh Trail

1885 Dunkirk Dr
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.
Midway, KY Local Guide

How much does it cost to rent a home in Midway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midway 2 Bedroom Homes for Rent | $1,222 | $795 | $1,700 |
| Midway 3 Bedroom Homes for Rent | $1,987 | $880 | $3,500 |
| Midway 4 Bedroom Homes for Rent | $2,564 | $2,195 | $3,250 |
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Midway, KY Local Guide
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Cheapest Available Midway Apartments for Rent and Nearby
 The cheapest available apartment rental in Midway, KY is a 2 Beds unit found at Twenty Two Twenty in the Beaumont Residential neighborhood priced from $805. Huntley Ridge East at Hanley Ln. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Midway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1BA | $805 |
| Huntley Ridge East at Hanley Ln. | 1 Bedroom | 1BR,1BA | $875 |
| Huntley Ridge East at Georgetown Rd | 1 BR Garden - Georgetown Road | 1BR,1BA | $875 |
Best Value Apartments for Rent in Midway, KY and Nearby
As of May 06, 2026 the best value apartment in the Midway area is the $1.29 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,936. The second greatest value Midway apartment is the 2 Beds, 2 baths Model at Willowbrooke Apartments starting at $1,350 with a $1.17 price per square foot . Here is today’s list of the best values for Midway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.29 |
| Willowbrooke Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.17 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| Georgetown Oaks Apartments | One Bedroom | 1BR,1BA | $1.41 |
| Overlook at Elkhorn Creek | Overlook III - 1x1 | 1BR,1BA | $1.40 |
| Huntley Ridge East at Forest Hill | One Bedroom | 1BR,1BA | $1.17 |
| Huntley Ridge East at Hanley Ln. | 1 Bedroom | 1BR,1BA | $1.17 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $1.21 |
| Southern Oaks Apartments - Income Restricted | 2 bedroom | 2BR,1BA | $1.47 |
| Huntley Ridge East at Georgetown Rd | 1 BR Garden - Georgetown Road | 1BR,1BA | $1.34 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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 ArticleCash 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.
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!
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Frequently Asked Questions about Midway
What type of rentals are currently available in Midway?
There are currently 42 Apartments for Rent in Midway, KY with pricing that ranges from $610 to $3,950. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midway ranging from $725 to $3,500.
What is the current price range for Rental Homes in Midway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Midway ranges from $725 to $3,500 with an average monthly rent of $1,641.
How much are larger Three and Four Bedroom Rentals in Midway?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Midway range from $825 to $3,031, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $1,220.
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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington
Written by: Catrina Cowart
Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.