Cheap Apartments for Rent in Olympia, KY from $600 (20 Rentals)

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

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Olympia, KY Local Guide

Cheapest Available Olympia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olympia, KY is a 2 Beds unit found at McGinnis Properties priced from $700. Williamsburg Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Olympia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McGinnis PropertiesTownhome2BR,1BA$700
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$724
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Top Notch Townhomes & StorageTop Notch Rentals2BR,1BA$900
Townhomes & Flats at MSUGold Flat2BR,1BA$975

Best Value Apartments for Rent in Olympia, KY and Nearby

As of June 26, 2025 the best value apartment in the Olympia area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Olympia apartment is the B3 Burton - 2 Bedroom, 1.5 Bathroom Model at Hamburg Farms starting at $1,595 with a $1.19 price per square foot in the Liberty Area neighborhood. Here is today’s list of the best values for Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Hamburg FarmsB3 Burton - 2 Bedroom, 1.5 Bathroom2BR,1.5BA$1.19
Garden EstatesTwo Bedroom Large2BR,2BA$1.30
Brighton 30502.1/2.1G2BR,2BA$1.25
SPECIALS: The Reserve & Enclave at FairholmeThe Enclave2BR,2.5BA$1.36
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.94
Williams Estates ApartmentsTwo Bedroom2BR,1BA$1.06
The ResortOne Bedroom1BR,1BA$1.11
Polo Club Park - Senior/Affordable Housing2bd2BR,1BA$1.23
Townhomes & Flats at MSUGold Flat2BR,1BA$1.22

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

Explore Olympia, KY Rentals by Map

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See the most popular apartments and homes in Olympia, KY

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Frequently Asked Questions about Cheap Olympia Apartments

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

The lowest price for a Cheap One Bedroom Olympia Apartment is $724 at Williamsburg Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Olympia is starting from $700 at McGinnis Properties.

What is the most affordable Olympia Three Bedroom Apartment?

The best deal on a cheap Olympia Three Bedroom Apartment rental is at Williamsburg Terrace and starts from $1,019.

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.

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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.

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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.

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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.