Cheap Apartments for Rent near Millersburg, KY from $600 (33 Rentals)

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

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.

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The Ascent1555
Rent Specials
$975 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,395
Total Monthly Price
$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

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

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.

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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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The Paddock Apartments
$1,195 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,345
Total Monthly Price
$1,195 - $1,345
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing

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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Showing Results 1-33, Page 1 of 1

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. Williamsburg Terrace in the Bourbon County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Millersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McGinnis PropertiesTownhome2BR,1BA$700
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$755
The Dawn Run ApartmentsStudio XLStudio,1BA$790
Valore at the Baxter1 Bed | 1 Bath1BR,1BA$799
Double Tree ApartmentsStudioStudio,1BA$875
Studio 281BR/1.0BA1BR,1BA$899
Southern Oaks Apartments - Income Restricted2 bedroom2BR,1BA$955
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$975
The Ascent1555Renovated StudioStudio,1BA$975
Sunrise SuitesSuiteStudio,1BA$995

Best Value Apartments for Rent in Millersburg, KY and Nearby

As of August 16, 2026 the best value apartment in the Millersburg area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Millersburg apartment is the Dp - Belmont Model at Haverford Place starting at $1,790 with a $1.31 price per square foot in the Scott County neighborhood. 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.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Haverford PlaceDp - Belmont3BR,2BA$1.31
Hamburg FarmsB2 Stansbury - 2 Bedroom, 2.5 Bathroom2BR,2.5BA$1.24
Willowbrooke Apartments2 Beds, 2 baths2BR,2BA$1.17
Georgetown Oaks ApartmentsTwo Bedroom2BR,2BA$1.18
Williams Estates ApartmentsTwo Bedroom2BR,1BA$1.17
The Lofts at Winchester2BR/1.0BA2BR,1BA$1.17
Polo Club Park - Senior/Affordable Housing2bd2BR,1BA$1.24
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$1.31
The Dawn Run ApartmentsStudio XLStudio ,1BA$1.32

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!

Explore Millersburg, KY Rentals by Map

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See the most popular apartments and homes in Millersburg, KY

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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 The Dawn Run Apartments listed at $790.

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

The lowest price for a Cheap One Bedroom Millersburg Apartment is $755 at Williamsburg Terrace.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.