Cheap Apartments for Rent in Owensboro, KY from $400 (13 Rentals)

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Owensboro, KY Local Guide

Cheapest Available Owensboro Apartments for Rent

 

The cheapest available apartment rental in Owensboro, KY is a 1 Bed unit found at Ambassador Villas priced from $675. Legion Park & Heartwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Owensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ambassador VillasAmbassador 1 BD1BR,1BA$675
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Kingston Square ApartmentsTwo Bedroom2BR,1BA$815
Keystone Apartments2 Bedroom2BR,1BA$879
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$1,330

Best Value Apartments for Rent in Owensboro, KY

As of September 18, 2025 the best value apartment in the Owensboro area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Owensboro apartment is the Baker Model at Bluegrass Villas starting at $1,395 with a $1.29 price per square foot . Here is today’s list of the best values for Owensboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Bluegrass VillasBaker2BR,2BA$1.29
4116 Benttree Dr, Unit A4116 Benttree Dr2BR,1BA$0.95
Keystone Apartments2 Bedroom2BR,1BA$1.06
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
633 Princeton Pkwy, Unit 2633 Princeton Pkwy2BR,1BA$1.01
703 Princeton Pkwy, Unit #16703 Princeton Pkwy2BR,1BA$1.01
Ambassador VillasAmbassador 1 BD1BR,1BA$0.96
3301 W 2nd St, Unit 43301 W 2nd St2BR,1BA$1.25
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$1.25

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Location, Location, Location!

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Getting Around Owensboro, KY

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Owensboro Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in Owensboro is starting from $815 at Kingston Square Apartments.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.