Cheap Homes for Rent in Morehead, KY from $600 (13 Rentals)

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

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.

property at 4605 US Highway 60 W

$980

Total Monthly Price

Total Monthly Price

Base Rent
$980

Total Monthly Price
$980

3 Bedroom, 2 Bath Home for Rent

Available Now

4605 US Highway 60 W

MoreheadKY40351
property at 2170 Sharkey Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

2170 Sharkey Rd

MoreheadKY40351

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.

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 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 ListingModel NameBed/BathPriced From
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$600
McGinnis PropertiesTownhome2BR,1BA$700
East Ridge ApartmentsOne Bedroom1BR,1BA$725
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$755

Best Value Apartments for Rent in Morehead, KY and Nearby

As of May 08, 2026 the best value apartment in the Morehead area is the $1.10 price per square foot B4 Stanton - 2 Bedroom, 3 Bathroom Model at Hamburg Farms in the in the Liberty Area neighborhood starting from $1,817. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hamburg FarmsB4 Stanton - 2 Bedroom, 3 Bathroom2BR,3BA$1.10
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Sawgrass Greene3 Bedroom Unit3BR,1.5BA$0.94
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.94
Williams Estates ApartmentsTwo Bedroom2BR,1BA$1.15
East Ridge ApartmentsOne Bedroom1BR,1BA$0.81
(Transitioned) Westmoreland2 Bedroom 1 Bathroom2BR,1BA$1.15
Providence Hill ApartmentsOne-Bedroom1BR,1BA$1.20
Summit Apartments2 BD/1.5 BA2BR,1.5BA$1.30
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,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.

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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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Frequently Asked Questions about Morehead

What type of rentals are currently available in Morehead?

There are currently 56 Apartments for Rent in Morehead, KY with pricing that ranges from $600 to $4,047. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morehead ranging from $657 to $3,900.

What is the current price range for Rental Homes in Morehead?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Morehead ranges from $657 to $3,900 with an average monthly rent of $1,903.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.