
Cheap Homes for Rent in Owensboro, KY from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Owensboro.


2006 Keenland Pkwy

4236 Scotty Ln

511 Lisbon Dr

435 7th St

2248 Boarman 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.

439 7th St

8580 Lincoln Ave

710 Bolivar St

3820 Rudy Martin Dr

813 Lafayette St

2033 E 10th St
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.

7890 Melissa Ln
Owensboro, KY Local Guide

How much does it cost to rent a home in Owensboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owensboro 2 Bedroom Homes for Rent | $1,395 | $750 | $2,300 |
| Owensboro 3 Bedroom Homes for Rent | $1,840 | $1,000 | $3,995 |
| Owensboro 4 Bedroom Homes for Rent | $2,426 | $1,450 | $2,990 |
Browse Top Homes for Rent in Owensboro
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Owensboro, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $675 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
| Keystone Apartments | 1 Bedroom | 1BR,1BA | $779 |
| Kingston Square Apartments | Two Bedroom | 2BR,1BA | $815 |
Best Value Apartments for Rent in Owensboro, KY
As of November 11, 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 310 Martin Way Model at 310 Martin Way, Unit B starting at $895 with a $0.99 price per square foot . Here is today’s list of the best values for Owensboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
| 310 Martin Way, Unit B | 310 Martin Way | 2BR,2BA | $0.99 |
| 3406 Wandering Ln, Unit B | 3406 Wandering Ln | 2BR,1BA | $0.95 |
| 4122 Benttree Dr, Unit B | 4122 Benttree Dr | 2BR,1BA | $0.95 |
| 3101 Burlew Blvd, Unit A | 3101 Burlew Blvd | 2BR,1BA | $0.98 |
| Kingston Square Apartments | Two Bedroom | 2BR,1BA | $1.02 |
| 633 Princeton Pkwy, Unit 2 | 633 Princeton Pkwy | 2BR,1BA | $0.96 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $0.96 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
| 1301 Bowie Trail, Unit APT B | 1301 Bowie Trail | 1BR,1BA | $1.33 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Owensboro, KY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Owensboro
What type of rentals are currently available in Owensboro?
There are currently 64 Apartments for Rent in Owensboro, KY with pricing that ranges from $675 to $2,500. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owensboro ranging from $750 to $3,995.
What is the current price range for Rental Homes in Owensboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Owensboro ranges from $750 to $3,995 with an average monthly rent of $1,857.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.