Cheap Apartments for Rent in Morehead, KY from $300 (39 Rentals)

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

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Boodry Place Apartments
1 to 2 Bedroom Apartments

Boodry Place Apartments

100 Boodry PlMorehead, KY 40351
Senior Living
  • Utilities Included
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East Ridge Apartments
$725 - $1,050
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $1,050

Total Monthly Price
$725 - $1,050
1 to 2 Bedroom Apartments Contact Us For Availability

East Ridge Apartments

410 Jason DrRichmond, KY 40475
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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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Williams Estates Apartments
$1,104 - $1,429
Total Monthly Price

Total Monthly Price

Base Rent
$1,104 - $1,429

Total Monthly Price
$1,104 - $1,429
1 to 2 Bedroom Apartments Available Aug 14

Williams Estates Apartments

2005 John Stuart DrMount Sterling, KY 40353
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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.

Morehead, KY Local Guide

Cheapest Available Morehead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morehead, KY is a 1 Bed unit found at Fort Gay Apartments in the Wayne County neighborhood priced from $600. Wheelersburg 68 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Morehead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$600
Wheelersburg 68 ApartmentsStudiosStudio,1BA$650
McGinnis PropertiesTownhome2BR,1BA$700
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$755
(Transitioned) Westmoreland1 Bedroom 1 Bathroom1BR,1BA$790
Studio 280BR/1.0BAStudio,1BA$814
Vines at Saddlebrook2 x 12BR,1BA$855
Top Notch Townhomes & StorageTop Notch Rentals2BR,1BA$900
Providence Hill ApartmentsOne-Bedroom1BR,1BA$960

Best Value Apartments for Rent in Morehead, KY and Nearby

As of July 28, 2026 the best value apartment in the Morehead area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Morehead apartment is the B2 Stansbury - 2 Bedroom, 2.5 Bathroom Model at Hamburg Farms starting at $1,594 with a $1.25 price per square foot in the Liberty Area neighborhood. Here is today’s list of the best values for Morehead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Hamburg FarmsB2 Stansbury - 2 Bedroom, 2.5 Bathroom2BR,2.5BA$1.25
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.94
GleneaglesTwo Bedroom2BR,2BA$1.33
Vines at Saddlebrook2 x 12BR,1BA$1.02
(Transitioned) Westmoreland2 Bedroom 1 Bathroom2BR,1BA$1.15
Providence Hill ApartmentsOne-Bedroom1BR,1BA$1.20
Townhomes & Flats at MSUGold Flat 2 Bedroom 12BR,1BA$1.35
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
Wheelersburg 68 ApartmentsStudiosStudio ,1BA$1.18

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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Location, Location, Location!

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Frequently Asked Questions about Cheap Morehead Apartments

What is the Cheapest Studio apartment in Morehead?

Currently the most affordable Cheap Studio Apartment in Morehead is at Wheelersburg 68 Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Morehead Apartment is $600 at Fort Gay Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Morehead is starting from $640 at Fort Gay Apartments.

What is the most affordable Morehead Three Bedroom Apartment?

The best deal on a cheap Morehead Three Bedroom Apartment rental is at Shawnee Trail Apartments and starts from $1,042.

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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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.