
Cheap Apartments for Rent in Morehead, KY from $300 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Morehead.


Top Notch Townhomes & Storage

Boodry Place Apartments

194 Bratton Lp

4617 US-60

Fort Gay Apartments
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.

McGinnis Properties

Shawnee Trail Apartments

Studio 28 Apartments

Williamsburg Terrace

Sawgrass Greene

Vines at Saddlebrook
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.

Sunrise Suites

Summit Apartments

Ty Lane Apartments

Polo Club Park - Senior/Affordable Housing

Providence Hill Apartments

Gleneagles
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.

Williams Estates Apartments

The Lofts at Winchester! 2 BR, 1 Bath, Off-Street Parking, Small Pets Ok!

4547-4535 Piedmont Rd

Westmoreland Estates

60 Township Rd 1118

Webster Greene
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.

725 Williamsburg Dr

36-38 N Front St

1118 Richmond Green Dr
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 | $1,265 | $749 | $1,709 |
| Morehead 1 Bedroom Apartments | $1,324 | $600 | $2,373 |
| Morehead 2 Bedroom Apartments | $1,606 | $640 | $2,790 |
| Morehead 3 Bedroom Apartments | $1,869 | $935 | $3,461 |
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 1 Bed unit found at Fort Gay Apartments priced from $600. 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 |
|---|---|---|---|
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $726 |
| Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $755 |
| Sawgrass Greene | 2 Bedroom Unit | 2BR,1BA | $767 |
| Sunrise Suites | Suite | Studio,1BA | $795 |
| Ty Lane Apartments | 1 Bedroom (600sqft) | 1BR,1BA | $850 |
| Vines at Saddlebrook | 1x1 NR | 1BR,1BA | $850 |
| Webster Greene | 2 Bedroom Unit | 2BR,1BA | $885 |
| Providence Hill Apartments | One-Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Morehead, KY and Nearby
As of January 28, 2026 the best value apartment in the Morehead area is the $1.14 price per square foot B4 Stanton - 2 Bedroom, 3 Bathroom Model at Hamburg Farms in the in the Liberty Area neighborhood starting from $1,886. The second greatest value Morehead 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 Morehead apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hamburg Farms | B4 Stanton - 2 Bedroom, 3 Bathroom | 2BR,3BA | $1.14 |
| McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
| Sawgrass Greene | 3 Bedroom Unit | 3BR,1.5BA | $0.95 |
| The Lofts at Winchester! 2 BR, 1 Bath, Off-Street Parking, Small Pets Ok! | 3BR/1.0BA | 3BR,1BA | $1.14 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| Williams Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| The Resort | One Bedroom | 1BR,1BA | $1.16 |
| Webster Greene | 2 Bedroom Unit | 2BR,1BA | $1.03 |
| Providence Hill Apartments | One-Bedroom | 1BR,1BA | $1.13 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Sunrise Suites listed at $795.
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 $1,032.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.