Cheap Homes for Rent in New Liberty, KY from $700 (9 Rentals)

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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 135 Willis Ave

$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

135 Willis Ave

FrankfortKY40601

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.

New Liberty, KY Local Guide

Cheapest Available New Liberty Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Liberty, KY is a 1 Bed unit found at Riverview Apartments priced from $657. The Rickhouse has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable New Liberty apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$657
The Rickhouse1 Bed, 1 bath1BR,1BA$725
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800

Best Value Apartments for Rent in New Liberty, KY and Nearby

As of May 30, 2026 the best value apartment in the New Liberty area is the $1.24 price per square foot Two Bed w/Studio, Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,100. The second greatest value New Liberty apartment is the 2 bedroom 2 bathroom front to back Model at Affinity of Union starting at $1,565 with a $1.26 price per square foot in the French Quarter at Orleans neighborhood. Here is today’s list of the best values for New Liberty apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeful Trace TownhomesTwo Bed w/Studio, Two-Half Bath TH2BR,2.5BA$1.24
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.26
Independence OaksTwo Bedroom2BR,2BA$1.09
200 Riverview Dr1BR/1BA1BR,1BA$1.10
Country HillsThree Bedroom One and Half Bath3BR,1.5BA$1.21
Haven Crossing2 Bedroom2BR,1BA$1.22
Brook Run Apartment ComplexTwo Bedroom W/D Connections2BR,1BA$1.22
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$1.05
Huntley Ridge East at Forest HillOne Bedroom1BR,1BA$1.17
The Rickhouse1 Bed, 1 bath1BR,1BA$1.21

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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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.

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

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Frequently Asked Questions about New Liberty

What type of rentals are currently available in New Liberty?

There are currently 41 Apartments for Rent in New Liberty, KY with pricing that ranges from $657 to $3,982. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Liberty ranging from $750 to $4,000.

What is the current price range for Rental Homes in New Liberty?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Liberty ranges from $750 to $4,000 with an average monthly rent of $2,114.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.