
Cheap Apartments for Rent in Morehead, KY from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Morehead.


Top Notch Townhomes & Storage

4547-4535 Piedmont Rd
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.

McGinnis Properties

Williamsburg Terrace

Shawnee Trail Apartments

Vines at Saddlebrook

Westmoreland Estates

Summit Apartments
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.

Ty Lane Apartments

Polo Club Park - Senior/Affordable Housing
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Providence Hill Apartments

611 20th St W

39 S Highland St
Morehead, KY Local Guide

How much does it cost to rent an apartment in Morehead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Morehead Studio Apartments | $1,418 | $1,369 | $1,519 |
Morehead 1 Bedroom Apartments | $1,337 | $595 | $2,570 |
Morehead 2 Bedroom Apartments | $1,614 | $700 | $2,962 |
Morehead 3 Bedroom Apartments | $1,899 | $965 | $3,673 |
Morehead 4 Bedroom Apartments | $1,050 | $1,050 | $1,050 |
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Morehead, KY Local Guide
- Nearby Cities
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Cheapest Available Morehead Apartments for Rent and Nearby
 The cheapest available apartment rental in Morehead, KY is a 1 Bed unit found at 4547-4535 Piedmont Rd priced from $595. McGinnis Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Morehead apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4547-4535 Piedmont Rd | One Bed One Bath | 1BR,1BA | $595 |
McGinnis Properties | Townhome | 2BR,1BA | $700 |
Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $724 |
Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $726 |
Westmoreland Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
Best Value Apartments for Rent in Morehead, KY and Nearby
As of July 28, 2025 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 B3 Burton - 2 Bedroom, 1.5 Bathroom Model at Hamburg Farms starting at $1,595 with a $1.19 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
Hamburg Farms | B3 Burton - 2 Bedroom, 1.5 Bathroom | 2BR,1.5BA | $1.19 |
Garden Estates | Two Bedroom Large | 2BR,2BA | $1.25 |
Brighton 3050 | 2.1/2.1G | 2BR,2BA | $1.25 |
Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
The Resort | One Bedroom | 1BR,1BA | $1.11 |
Webster Greene | 2 Bedroom Unit | 2BR,1BA | $1.08 |
Westmoreland Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.15 |
Townhomes & Flats at MSU | Gold Flat | 2BR,1BA | $1.22 |
Providence Hill Apartments | One-Bedroom | 1BR,1BA | $1.11 |
Quick Rent Budget Calculator
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Best Local Schools in Morehead, KY
Rowan County Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morehead, KY Rentals by Map
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Getting Around Morehead, KY
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Morehead Apartments
How much is rent for a Cheap One Bedroom Morehead Apartment?
The lowest price for a Cheap One Bedroom Morehead Apartment is $595 at 4547-4535 Piedmont Rd.
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 $700 at McGinnis Properties.
What is the most affordable Morehead Three Bedroom Apartment?
The best deal on a cheap Morehead Three Bedroom Apartment rental is at Webster Greene and starts from $980.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.