3129 Burlew Blvd
OwensboroKY42303
Cheap Homes for Rent in Owensboro, KY from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Owensboro.
748 9th St
Tell CityIN47586
920 Sycamore St
RockportIN47635
602 12th St
Tell CityIN47586
444 E Eble Rd
BoonvilleIN47601
439 7th St
Tell CityIN47586
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.
1818-1820 Tamarack Rd
OwensboroKY42301
701 Beachfront Dr
EvansvilleIN47715
500 Ridgewood St
OwensboroKY42301
433 13th St
Tell CityIN47586
8582 Lincoln Ave
NewburghIN47630
107 Olde Newburgh Dr
NewburghIN47630
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.
Showing Results 1-12, Page 1 of 1
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 | $1,322 | $750 | $1,900 |
| Owensboro 3 Bedroom Homes for Rent | $1,984 | $1,095 | $3,700 |
| Owensboro 4 Bedroom Homes for Rent | $2,359 | $1,300 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Owensboro
Explore Owensboro
Owensboro, KY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Owensboro Apartments for Rent and Nearby
The cheapest available apartment rental in Owensboro, KY is a 1 Bed unit found at Legion Park & Heartwood Court Apartments priced from $750. Ambassador Villas 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 |
|---|---|---|---|
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $750 |
| Keystone Apartments | One Bedroom | 1BR,1BA | $779 |
| East Meadows Apartment Homes | East Meadows - 2/2 - 2nd Floor (Phase 2) | 2BR,2BA | $1,285 |
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $1,330 |
Best Value Apartments for Rent in Owensboro, KY and Nearby
As of May 19, 2026 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 3 X 2 Model at Brushwood Apartments starting at $1,415 with a $1.13 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 |
| Brushwood Apartments | 3 X 2 | 3BR,2BA | $1.13 |
| East Meadows Apartment Homes | East Meadows - 2/2 - 1st Floor (Phase 2) | 2BR,2BA | $1.25 |
| 3101 Burlew Blvd, Unit A | 3101 Burlew Blvd | 2BR,1BA | $1.04 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $1.07 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
| Keystone Apartments | One Bedroom | 1BR,1BA | $1.39 |
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 Article
Real 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.
Let everyone know!
Do you know the Owensboro area?
If you’re an expert on all things Owensboro, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Owensboro, KYPopulation: 59,809
Ranked #633
in US Census Population by City
Best Local Schools in Owensboro, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Owensboro, KY Rentals by Map
See the most popular apartments and homes in Owensboro, KY
Frequently Asked Questions about Owensboro
What type of rentals are currently available in Owensboro?
There are currently 58 Apartments for Rent in Owensboro, KY with pricing that ranges from $750 to $1,470. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owensboro ranging from $750 to $3,700.
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 $3,700 with an average monthly rent of $1,651.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.