
Cheap Apartments for Rent in Morehead, KY from $339 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Morehead.


Top Notch Townhomes & Storage

Boodry Place Apartments

Housing Authority of Paris

Fort Gay Apartments

Wheelersburg 68 Apartments

McGinnis Properties

Total Monthly Price
East Ridge Apartments
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.

Shawnee Trail Apartments

Williamsburg Terrace

Summit Apartments

Vines at Saddlebrook

Studio 28

Ty Lane Apartments

Polo Club Park - Senior/Affordable Housing

Webster Greene
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.

Providence Hill Apartments

Gleneagles

Sunrise Suites

Brighton 3050

The Resort Apartments

The Lofts at Winchester

320 Clintonville Rd

Total Monthly Price
Williams Estates Apartments
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.

The BLVD at Hays

Bourbon Hills

Legacy Lake Apartments

Reserve at Hamburg

4547-4535 Piedmont Rd

Sawgrass Greene

114 Collins St

Paint Landing
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.

531 4th St

1515 Walnut St

834 Gail Dr

(Transitioned) Westmoreland

207 2nd St E

36-38 N Front St

126 Bourbon Hills Dr

818 High St
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.

348 Davis Ct
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 | $1,242 | $339 | $1,531 |
| Morehead 1 Bedroom Apartments | $1,423 | $393 | $2,730 |
| Morehead 2 Bedroom Apartments | $1,657 | $495 | $2,809 |
| Morehead 3 Bedroom Apartments | $1,978 | $534 | $4,138 |
| Morehead 4 Bedroom Apartments | $1,050 | $1,050 | $1,050 |
Browse Top Apartments in Morehead
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Morehead, KY Local Guide
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Cheapest Available Morehead Apartments for Rent and Nearby
 The cheapest available apartment rental in Morehead, KY is a Studio unit found at Housing Authority of Paris in the Bourbon County neighborhood priced from $339. Fort Gay Apartments in the Wayne County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Morehead apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Housing Authority of Paris | Studio - 1 Bath | Studio,1BA | $339 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| Wheelersburg 68 Apartments | Studios | Studio,1BA | $650 |
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $725 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $755 |
| Paint Landing | 3x1.5 | 3BR,1BA | $775 |
| (Transitioned) Westmoreland | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
| Studio 28 | 0BR/1.0BA | Studio,1BA | $814 |
Best Value Apartments for Rent in Morehead, KY and Nearby
As of September 12, 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 3x1.5 Model at Paint Landing starting at $775 with a $0.67 price per square foot . 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 |
| Paint Landing | 3x1.5 | 3BR,1.5BA | $0.67 |
| Sawgrass Greene | 2x1 | 2BR,1BA | $0.97 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $1.04 |
| Vines at Saddlebrook | 3 x 1 | 3BR,1BA | $0.98 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $0.81 |
| Webster Greene | 2 Bedroom Unit | 2BR,1BA | $1.03 |
| (Transitioned) Westmoreland | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.15 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
| Housing Authority of Paris | Studio - 1 Bath | Studio ,1BA | $0.86 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
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
See the most popular apartments and homes in Morehead, KY
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 Housing Authority of Paris listed at $339.
How much is rent for a Cheap One Bedroom Morehead Apartment?
The lowest price for a Cheap One Bedroom Morehead Apartment is $393 at Housing Authority of Paris.
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 $495 at Housing Authority of Paris.
What is the most affordable Morehead Three Bedroom Apartment?
The best deal on a cheap Morehead Three Bedroom Apartment rental is at Housing Authority of Paris and starts from $534.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.