
Cheap Apartments for Rent in Parkers Lake, KY from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Parkers Lake.


Morrow Rentals

Eagle Creek Apartments

Betty Jane Apartments

Charles Seivers Towers

Vines at Saddlebrook

Coal Creek Apartment Homes

Ty Lane Apartments
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.

Royce Hill- Income Restrictions Apply

Rolling Hills Apartment Homes

Hillview Terrace Apartments

Twin Lakes Apartments

Willow Run Apartments

The Flats at Jackson Square -Studio, 1, & 2-Bedroom Flats and Lofts in Oak Ridge, TN

Fry Estates Apartments

The Bunkers at Oak Ridge
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.

Century Lofts

Bristol Park

The Resort Apartments

Arrowhead Ranch

113 Ringgold Rd

Long Run Community - Income Restricted

Governors Place

Pebblecreek Crossing
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.

230 New Oak Rd

2410 N Hwy 25 W

71 Driftwood Cir

33 Driftwood Cir

46 Sandalwood Wy

50 Driftwood Cir

19 Driftwood Cir

Mason Greene
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

100 Rockcastle St

426 College St

Magnolia Terrace

709 W Columbia St

51 Lee's Ford Dock Rd

821 Old Corbin Pike Rd

214 New Oak Rd

Woodbury Crossing
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Parkers Lake, KY Local Guide

How much does it cost to rent an apartment in Parkers Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkers Lake Studio Apartments | $1,278 | $949 | $1,527 |
| Parkers Lake 1 Bedroom Apartments | $1,227 | $606 | $2,440 |
| Parkers Lake 2 Bedroom Apartments | $1,487 | $649 | $2,056 |
| Parkers Lake 3 Bedroom Apartments | $1,927 | $935 | $3,305 |
| Parkers Lake 4 Bedroom Apartments | $2,343 | $2,199 | $2,499 |
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Parkers Lake, KY Local Guide
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Cheapest Available Parkers Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Parkers Lake, KY is a 1 Bed unit found at Eagle Creek Apartments priced from $700. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Parkers Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Creek Apartments | one bdr with balcony | 1BR,1BA | $700 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Royce Hill- Income Restrictions Apply | One Bedroom | 1BR,1BA | $844 |
| Ty Lane Apartments | 1 Bedroom (600sqft) | 1BR,1BA | $850 |
| Rolling Hills Apartment Homes | The Windrock | 2BR,1BA | $870 |
| Hillview Terrace Apartments | 1-bedroom | 1BR,1BA | $900 |
| Mason Greene | 3 Bedroom Townhouse | 3BR,1BA | $911 |
| The Bunkers at Oak Ridge | One Bedroom - One Bath | 1BR,1BA | $990 |
| Century Lofts | One Bed | 1BR,1BA | $1,000 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,005 |
Best Value Apartments for Rent in Parkers Lake, KY and Nearby
As of April 28, 2026 the best value apartment in the Parkers Lake area is the $1.17 price per square foot The Magnolia Model at Poplar Creek in the starting from $2,295. The second greatest value Parkers Lake apartment is the 2 Bedroom Model at Carriage Place Apartments starting at $1,450 with a $1.12 price per square foot . Here is today’s list of the best values for Parkers Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Poplar Creek | The Magnolia | 3BR,2.5BA | $1.17 |
| Carriage Place Apartments | 2 Bedroom | 2BR,2BA | $1.12 |
| Green River Lake Commons | The Dream | 3BR,2BA | $0.94 |
| 2005 Willow Dr | 3BR/2.5BA | 3BR,2.5BA | $1.19 |
| Rolling Hills Apartment Homes | The Windrock | 2BR,1BA | $0.87 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.05 |
| Arrowhead Ranch | RHP | 2BR,2BA | $1.14 |
| Mason Greene | 3 Bedroom Townhouse | 3BR,1.5BA | $1.14 |
| Royce Hill- Income Restrictions Apply | One Bedroom | 1BR,1BA | $1.13 |
| Hillview Terrace Apartments | 1-bedroom | 1BR,1BA | $1.20 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parkers Lake, KY Rentals by Map
See the most popular apartments and homes in Parkers Lake, KY
Frequently Asked Questions about Cheap Parkers Lake Apartments
How much is rent for a Cheap One Bedroom Parkers Lake Apartment?
The lowest price for a Cheap One Bedroom Parkers Lake Apartment is $700 at Eagle Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Parkers Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkers Lake is starting from $860 at Betty Jane Apartments.
What is the most affordable Parkers Lake Three Bedroom Apartment?
The best deal on a cheap Parkers Lake Three Bedroom Apartment rental is at Mason Greene and starts from $911.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.