
Cheap Homes for Rent in Owensboro, KY from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Owensboro.


3309 Wandering Ln

758 E County Rd 750 N

435 7th St
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.

439 7th St

4152 Bell Rd

8580 Lincoln Ave

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.

3820 Rudy Martin Dr
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 | $1,254 | $595 | $1,750 |
Owensboro 3 Bedroom Homes for Rent | $2,025 | $1,200 | $3,995 |
Owensboro 4 Bedroom Homes for Rent | $2,048 | $1,600 | $2,695 |
Owensboro 5 Bedroom Homes for Rent | $2,645 | $1,895 | $3,395 |
Browse Top Homes for Rent in Owensboro
Explore Owensboro
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 |
Kingston Square Apartments | Two Bedroom | 2BR,1BA | $815 |
Best Value Apartments for Rent in Owensboro, KY
As of September 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
Bluegrass Villas | Baker | 2BR,2BA | $1.29 |
2941 Frederica St, Unit A | 2941 Frederica St | 2BR,2BA | $1.40 |
4116 Benttree Dr, Unit A | 4116 Benttree Dr | 2BR,1BA | $0.95 |
Kingston Square Apartments | Two Bedroom | 2BR,1BA | $1.02 |
633 Princeton Pkwy, Unit 2 | 633 Princeton Pkwy | 2BR,1BA | $1.01 |
703 Princeton Pkwy, Unit #16 | 703 Princeton Pkwy | 2BR,1BA | $1.01 |
Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $0.96 |
3301 W 2nd St, Unit 4 | 3301 W 2nd St | 2BR,1BA | $1.25 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
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Best Local Schools in Owensboro, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 60 Apartments for Rent in Owensboro, KY with pricing that ranges from $675 to $2,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owensboro ranging from $595 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 $595 to $3,995 with an average monthly rent of $1,924.
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.

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.

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.