Cheap Apartments for Rent in Millersburg, KY from $600 (48 Rentals)

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

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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The Ascent1555
Rent Specials
$925 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,345
Total Monthly Price
$925 - $1,345
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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The Paddock Apartments
$1,125 - $1,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,265
Total Monthly Price
$1,125 - $1,265
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing
  • Utilities Included

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.

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Millersburg, KY Local Guide

Cheapest Available Millersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Millersburg, KY is a 2 Beds unit found at McGinnis Properties priced from $700. Caballo Crossing in the Winburn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Millersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McGinnis PropertiesTownhome2BR,1BA$700
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$730
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$755
Sunrise SuitesSuiteStudio,1BA$795
Valore at the Baxter1B1B1BR,1BA$799
Summit Apartments1 Bedroom1BR,1BA$800
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$885
The Ascent1555Renovated StudioStudio,1BA$925
Double Tree Apartments2 Bedroom2BR,1BA$935
Amerson Orchard ApartmentsThe Cortland1BR,1BA$999

Best Value Apartments for Rent in Millersburg, KY and Nearby

As of May 09, 2026 the best value apartment in the Millersburg area is the $1.10 price per square foot B4 Stanton - 2 Bedroom, 3 Bathroom Model at Hamburg Farms in the in the Liberty Area neighborhood starting from $1,817. The second greatest value Millersburg apartment is the Townhome Model at McGinnis Properties starting at $700 with a $0.46 price per square foot . Here is today’s list of the best values for Millersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hamburg FarmsB4 Stanton - 2 Bedroom, 3 Bathroom2BR,3BA$1.10
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Willowbrooke Apartments2 Beds, 2 baths2BR,2BA$1.17
Williams Estates ApartmentsTwo Bedroom2BR,1BA$1.15
Prime Hamburg ApartmentsElite 2 BR2BR,1BA$1.19
Double Tree Apartments2 Bedroom Deluxe-Renovated2BR,1BA$1.18
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Summit Apartments2 BD/1.5 BA2BR,1.5BA$1.30
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$0.97
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$1.21

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:
Location, Location, Location!

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Frequently Asked Questions about Cheap Millersburg Apartments

What is the Cheapest Studio apartment in Millersburg?

Currently the most affordable Cheap Studio Apartment in Millersburg is at Sunrise Suites listed at $795.

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

The lowest price for a Cheap One Bedroom Millersburg Apartment is $730 at Caballo Crossing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Millersburg is starting from $700 at McGinnis Properties.

What is the most affordable Millersburg Three Bedroom Apartment?

The best deal on a cheap Millersburg Three Bedroom Apartment rental is at Williamsburg Terrace and starts from $1,063.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.