920 Sycamore St
RockportIN47635
Cheap Homes for Rent in Owensboro, KY from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Owensboro.
506 E 20th St
OwensboroKY42303
734 Walnut St
OwensboroKY42301
5492 Red Mile Loop
OwensboroKY42303
2504 Veach Rd
OwensboroKY42303
327 Lucas Ave
OwensboroKY42301
3026 Saint Ann St
OwensboroKY42303
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
439 7th St
Tell CityIN47586
123 W 18th St
OwensboroKY42303
4152 Bell Rd
NewburghIN47630
1926 E 19th St
OwensboroKY42303
1526 Walnut St
OwensboroKY42301
317 E 20th St
OwensboroKY42303
2170 N Stratford Dr
OwensboroKY42301
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,224 | $895 | $1,475 |
| Owensboro 3 Bedroom Homes for Rent | $1,756 | $899 | $2,800 |
| Owensboro 4 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
| Owensboro 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 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 |
| East Meadows Apartment Homes | East Meadows - 2/2 - 2nd Floor | 2BR,2BA | $1,285 |
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $1,330 |
Best Value Apartments for Rent in Owensboro, KY
As of August 20, 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 East Meadows - 2/2 - 2nd Floor Model at East Meadows Apartment Homes starting at $1,285 with a $1.25 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 |
| East Meadows Apartment Homes | East Meadows - 2/2 - 2nd Floor | 2BR,2BA | $1.25 |
| 901 Peppertree Ln, Unit 8 | 901 Peppertree Ln | 2BR,2BA | $1.11 |
| 4116 Benttree Dr, Unit C | 4116 Benttree Dr | 2BR,1BA | $0.95 |
| 2700 Castlewood Pl, Unit A | 2700 Castlewood Pl | 2BR,1BA | $1.53 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $1.07 |
| 3301 W 2nd St, Unit 7 | 3301 W 2nd St | 1BR,1BA | $1.14 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
| 715 Princeton Pky, Unit 715 Princeton Pkwy | 715 Princeton Pky | 1BR,1BA | $1.05 |
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.
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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.
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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 63 Apartments for Rent in Owensboro, KY with pricing that ranges from $625 to $1,720. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owensboro ranging from $800 to $2,995.
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 $800 to $2,995 with an average monthly rent of $1,557.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.