Cheap Apartments for Rent near Payneville, KY from $420 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Payneville.

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.

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Kendall Arms
1 Bedroom Apartments

Kendall Arms

1830-1833 Kendall LnLouisville, KY 40216
Senior Living
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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
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Harrison Apartments
2 Bedroom Apartments

Harrison Apartments

2090 Corydon Ramsey Rd NWCorydon, IN 47112
Senior Living
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Payneville, KY Local Guide

Cheapest Available Payneville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Payneville, KY is a 1 Bed unit found at Knox Landing in the Meade County neighborhood priced from $700. Southwood in the South Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Payneville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Knox Landing1 Bed / 1 Bath1BR,1BA$700
Southwood1 Bed, 1 bath1BR,1BA$749
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$749
Vineland Carriage Homes ApartmentsSM 2 BDRM2BR,2BA$818
Parkwood PlaceAmazing 1 Baths | 830 Square Ft. studio ready f...Studio,1BA$819
Laurel at the Woodlands1 Bed 1 Bath1BR,1BA$828
Miller Manor Apartments1 Bed1BR,1BA$850
Woodside Townhomes2 Bedroom Townhome2BR,1BA$850
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875
The Rockford Arms Apartment CommunityOne-bedroom1BR,1BA$875

Best Value Apartments for Rent in Payneville, KY and Nearby

As of August 26, 2026 the best value apartment in the Payneville area is the $0.97 price per square foot 3BR2BA-ADA Model at The Foundry in the in the South Louisville neighborhood starting from $1,184. The second greatest value Payneville apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 with a $1.00 price per square foot . Here is today’s list of the best values for Payneville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Foundry3BR2BA-ADA3BR,2BA$0.97
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Whispering Woods I3.23BR,2BA$0.94
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.81
3108 Springfield Dr2 Bedroom2BR,1BA$0.88
Vineland Carriage Homes ApartmentsSM 2 BDRM GAR2BR,2BA$0.87
Anderson EstatesTwo Bedroom One Bath2BR,1BA$1.04
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Paddocks at Ridge Park2.12BR,1BA$1.06
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.94

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Payneville, KY Rentals by Map

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See the most popular apartments and homes in Payneville, KY

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Frequently Asked Questions about Cheap Payneville Apartments

How much is rent for a Cheap One Bedroom Payneville Apartment?

The lowest price for a Cheap One Bedroom Payneville Apartment is $700 at Knox Landing.

What is the lowest price for a Cheap Two Bedroom Payneville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Payneville is starting from $800 at Knox Landing.

What is the most affordable Payneville Three Bedroom Apartment?

The best deal on a cheap Payneville Three Bedroom Apartment rental is at Knox Landing and starts from $900.

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

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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.

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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.

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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.

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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.