Cheap Apartments for Rent in Murray, KY from $650 (69 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 904 Coldwater Rd

$650 - $750

Studio To 2 Bedroom Rentals

Available Now

904 Coldwater Rd

MurrayKY42071
close
View Me
CEV Murray South
2 to 4 Bedroom Apartments

CEV Murray South

1700 Lowes DrMurray, KY 42071
Student Housing
close
View Me
CEV Murray North
3 to 4 Bedroom Apartments

CEV Murray North

1421 N 16th StMurray, KY 42071
Student Housing

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.

Read Article
close
View Me
Red Oaks Apartments
1 to 2 Bedroom Apartments

Red Oaks Apartments

1409 Diuguid DrMurray, KY 42071
  • Utilities Included
close
View Me
Live Oaks Apartments
1 to 3 Bedroom Apartments

Live Oaks Apartments

906 Broad StMurray, KY 42071
  • Utilities Included

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.

Read Article
close
View Me
Kirkman Terrace
$795 - $856
Total Monthly Price

Total Monthly Price

Base Rent
$795 - $856
Total Monthly Price
$795 - $856
1 to 2 Bedroom Apartments Available Now

Kirkman Terrace

100 Croft StHopkinsville, KY 42240
Senior Living
  • Verified
  • Utilities Included
  • Low Income
close
View Me
Oak Tree Farms
$878 - $978
Total Monthly Price

Total Monthly Price

Base Rent
$878 - $978
Total Monthly Price
$878 - $978
1 to 2 Bedroom Apartments Available Now

Oak Tree Farms

2101 Pin Oak DrHopkinsville, KY 42240
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Murray, KY Local Guide

Cheapest Available Murray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Murray, KY is a 4 Beds unit found at CEV Murray South priced from $399. CEV Murray North has the second lowest priced unit, which is a 4 Beds apartment currently listed from $439. Here is today’s list of the most affordable Murray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CEV Murray SouthJuly 2026 - May 2027 - 4 Bedroom Suite4BR,4BA$399
CEV Murray NorthAugust 2026 - July 2027 - 4 Bedroom Suite4BR,4BA$439
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$650
Chapel Ridge Martin1 Bedroom 1 Bath1BR,1BA$659
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$699
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$700
Commonwealth Court Apartments1 BR1BR,1BA$705
Live Oaks Apartments2BR / 1BA2BR,1BA$750
Lakeside Manor Apartments2 Bedroom2BR,1BA$750

Best Value Apartments for Rent in Murray, KY and Nearby

As of August 31, 2026 the best value apartment in the Murray area is the $0.35 price per square foot August 2026 - May 2027 - 3 Bedroom Suite Model at CEV Murray North in the starting from $459. The second greatest value Murray apartment is the Rose Edd Model at 120 Rose Edd Blvd starting at $1,250 with a $1.00 price per square foot . Here is today’s list of the best values for Murray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CEV Murray NorthAugust 2026 - May 2027 - 3 Bedroom Suite3BR,3BA$0.35
120 Rose Edd BlvdRose Edd2BR,2BA$1.00
Oak Tree Farms2 Bedroom, 1.5 Bath2BR,1.5BA$0.98
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Live Oaks Apartments2BR / 1BA2BR,1BA$0.88
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84
Lakeside Manor Apartments2 Bedroom2BR,1BA$0.96
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$0.97
Bee Creek Crossing (Senior Apartments 55+)1 Bed / 1 Bath1BR,1BA$0.96
Chapel Ridge Martin1 Bedroom 1 Bath1BR,1BA$0.98

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Murray, KY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Murray, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Murray, KY

View Map
Murray, KY Apartments Map
View Map
Murray, KY Rental Homes Map

Frequently Asked Questions about Cheap Murray Apartments

What is the Cheapest Studio apartment in Murray?

Currently the most affordable Cheap Studio Apartment in Murray is at Royal Ridge listed at $700.

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

The lowest price for a Cheap One Bedroom Murray Apartment is $650 at Bee Creek Crossing (Senior Apartments 55+).

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

Today's best deal for a Cheap Two Bedroom Apartment in Murray is starting from $750 at Lakeside Manor Apartments.

What is the most affordable Murray Three Bedroom Apartment?

The best deal on a cheap Murray Three Bedroom Apartment rental is at CEV Murray North and starts from $459.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.