Cheap Apartments for Rent in Olmstead, KY from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

Olmstead, KY Local Guide

Cheapest Available Olmstead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olmstead, KY is a 1 Bed unit found at 225 Clara’s priced from $525. The Element at Wilma Rudolph has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Olmstead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
225 Clara’s1-bedroom1BR,1BA$525
The Element at Wilma Rudolph2 Bedroom 1 Bath2BR,1BA$875
Cobblestone Apartments1Bed-1Bath1BR,1BA$899

Best Value Apartments for Rent in Olmstead, KY and Nearby

As of July 27, 2025 the best value apartment in the Olmstead area is the $0.95 price per square foot 3 Beds, 2.5 baths Model at Wind Chase in the starting from $1,350. The second greatest value Olmstead apartment is the The Villas At Heritage Pointe Model at The Villas at Heritage Pointe starting at $1,395 with a $1.04 price per square foot . Here is today’s list of the best values for Olmstead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wind Chase3 Beds, 2.5 baths3BR,2.5BA$0.95
The Villas at Heritage PointeThe Villas At Heritage Pointe3BR,2.5BA$1.04
Bristol RidgeTwo Bed Two Bath2BR,2BA$1.01
Greystone TownhomesTwo Bed2BR,2.5BA$1.10
Garnet VillageGarnet Village 2 BR 2.5BA2BR,2.5BA$1.19
Center Pointe Townhomes2 Bedroom 2.5 Bathroom2BR,2.5BA$1.24
Attaway Village2x1.52BR,1.5BA$1.11
Trenton Village2BR2BR,1.5BA$1.02
The Element at Wilma Rudolph2 Bedroom 1 Bath2BR,1BA$1.09
225 Clara’s1-bedroom1BR,1BA$0.91

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

Pet Friendly Lifestyle
Olmstead, KY

Ranked #105

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Olmstead, KY Rentals by Map

View Map
Olmstead, KY Apartments Map
View Map
Olmstead, KY Rental Homes Map

Frequently Asked Questions about Cheap Olmstead Apartments

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

The lowest price for a Cheap One Bedroom Olmstead Apartment is $525 at 225 Clara’s.

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

Today's best deal for a Cheap Two Bedroom Apartment in Olmstead is starting from $875 at The Element at Wilma Rudolph.

What is the most affordable Olmstead Three Bedroom Apartment?

The best deal on a cheap Olmstead Three Bedroom Apartment rental is at 225 Clara’s and starts from $725.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.