
Cheap Homes for Rent in Owensboro, KY from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Owensboro.


100 Orchard Hill Dr

4236 Scotty Ln

832 Fogle Rd

511 Lisbon 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

7933 Circle Front Ct

1818-1820 Tamarack Rd

315 Gray St

8580 Lincoln Ave
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.

7935 Circle Front Ct

2033 E 10th St

7890 Melissa Ln

277 Lakewood Dr

703 Beachfront Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,426 | $850 | $2,300 |
| Owensboro 3 Bedroom Homes for Rent | $1,822 | $1,000 | $3,995 |
| Owensboro 4 Bedroom Homes for Rent | $2,231 | $1,450 | $2,790 |
| Owensboro 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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 |
Best Value Apartments for Rent in Owensboro, KY
As of December 07, 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 3406 Wandering Ln Model at 3406 Wandering Ln, Unit B starting at $795 with a $0.89 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 |
| 3406 Wandering Ln, Unit B | 3406 Wandering Ln | 2BR,1BA | $0.89 |
| 3900 Brentwood Dr, Unit 2 | 3900 Brentwood Dr | 2BR,2BA | $0.95 |
| 720 Deer Trl, Unit 720 | 720 Deer Trl | 2BR,1BA | $0.85 |
| 4122 Benttree Dr, Unit B | 4122 Benttree Dr | 2BR,1BA | $0.95 |
| 3101 Burlew Blvd, Unit A | 3101 Burlew Blvd | 2BR,1BA | $0.98 |
| 633 Princeton Pkwy, Unit #2 | 633 Princeton Pkwy | 2BR,1BA | $0.89 |
| 1429 Bowie Trail, Unit C | 1429 Bowie Trail | 1BR,1BA | $0.98 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $0.96 |
| 2886 Legion Park Dr, Unit 1 | 2886 Legion Park Dr | 1BR,1BA | $0.86 |
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 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
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.
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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Frequently Asked Questions about Owensboro
What type of rentals are currently available in Owensboro?
There are currently 65 Apartments for Rent in Owensboro, KY with pricing that ranges from $580 to $1,780. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owensboro ranging from $700 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 $700 to $3,995 with an average monthly rent of $2,074.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.