
Cheap Apartments for Rent near Oil Springs, KY from $400 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Oil Springs.


Fort Gay Apartments

Beech Creek - Short WAIT LIST!

1510 7th Ave

University Suites

The Place at Slate Creek

McGinnis Properties

Riverside Landing

Barnett Commons

Patriot Walker (FKA Village Hill)
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.

Lynwood Ter

Garden Park Apartments

Herd Flats - Campus Housing

The Cloister

Brook Side Apartments

Breck Gardens

Top Notch Townhomes & Storage

Buffington Apartments

Royal Oaks at Pea Ridge

Providence Hill Apartments
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.

Townhomes & Flats at MSU

Sunrise Suites

Hidden Brook Apartments & Townhomes

1439 6th Avenue

SABLE POINT

Total Monthly Price
Williams Estates Apartments

Country Club Apartments

9 Riddle MHP

6 Riddle Mobile Home Park

Emerald Gardens
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.

Imperial Lofts

1429 3rd Ave

4547-4535 Piedmont Rd

1600 5th St

518 9th Ave

Mary Lane Estates

Victory Place

Maury Village Apartments

114 Collins St

607 20th St
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.

4 Circle Dr

Main Street Apartments

(Transitioned) Westmoreland

Greentree Apartments

80 Township Rd 1118

506 2nd St

109 Botley Ln

264 Tackett's Branch Rd

Oakbrook

6820 Linville Dr
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.
Oil Springs, KY Local Guide

How much does it cost to rent an apartment in Oil Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oil Springs Studio Apartments | $950 | $750 | $1,400 |
| Oil Springs 1 Bedroom Apartments | $894 | $503 | $3,150 |
| Oil Springs 2 Bedroom Apartments | $1,115 | $640 | $3,102 |
| Oil Springs 3 Bedroom Apartments | $1,488 | $850 | $2,350 |
Browse Top Apartments in Oil Springs
See all Apartments in Oil SpringsExplore Oil Springs
Oil Springs, KY Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Oil Springs Apartments for Rent and Nearby
 The cheapest available apartment rental in Oil Springs, KY is a 1 Bed unit found at The Prichard in the Huntington neighborhood priced from $503. 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 Oil Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Prichard | The Grand | 1BR,1BA | $503 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| The Place at Slate Creek | One Bedroom | 1BR,1BA | $700 |
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| Lynwood Ter | 2 bed | 2BR,1BA | $750 |
| Patriot Walker (FKA Village Hill) | STUDIO | 1BR,1BA | $750 |
| (Transitioned) Westmoreland | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
| The Cloister | 1-Bedroom | 1BR,1BA | $800 |
| Herd Flats - Campus Housing | Unfurnished | 2BR,1BA | $800 |
| Emerald Gardens | 2 Bedroom C | 2BR,1BA | $820 |
Best Value Apartments for Rent in Oil Springs, KY and Nearby
As of July 25, 2026 the best value apartment in the Oil Springs area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Oil Springs apartment is the 3 Bed/1.5 Bath Townhouse Model at 3811-3850 Sleepy Hollow Dr starting at $1,350 with a $0.90 price per square foot in the Teays Valley Hurricane neighborhood. Here is today’s list of the best values for Oil Springs 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 |
| 3811-3850 Sleepy Hollow Dr | 3 Bed/1.5 Bath Townhouse | 3BR,1.5BA | $0.90 |
| Emerald Gardens | 2 Bedroom C | 2BR,1BA | $0.80 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| Patriot Walker (FKA Village Hill) | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Buffington Apartments | BUFFINGTON | 2BR,1BA | $1.06 |
| Brook Side Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.06 |
| Marshall Apartments | 2 bedroom | 2BR,1BA | $0.86 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
| The Prichard | The Classic | 1BR,1BA | $0.80 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oil Springs, KY Rentals by Map
See the most popular apartments and homes in Oil Springs, KY
Frequently Asked Questions about Cheap Oil Springs Apartments
What is the Cheapest Studio apartment in Oil Springs?
Currently the most affordable Cheap Studio Apartment in Oil Springs is at Patriot Walker (FKA Village Hill) listed at $750.
How much is rent for a Cheap One Bedroom Oil Springs Apartment?
The lowest price for a Cheap One Bedroom Oil Springs Apartment is $503 at The Prichard.
What is the lowest price for a Cheap Two Bedroom Oil Springs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oil Springs is starting from $640 at Fort Gay Apartments.
What is the most affordable Oil Springs Three Bedroom Apartment?
The best deal on a cheap Oil Springs Three Bedroom Apartment rental is at 3811-3850 Sleepy Hollow Dr and starts from $1,350.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.