Cheap Apartments for Rent in Payneville, KY from $500 (20 Rentals)

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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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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.

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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.

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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

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

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
  • Utilities Included
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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 Southwood in the South Louisville neighborhood priced from $699. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Payneville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southwood1 Bed, 1 bath1BR,1BA$699
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$699
Miller Manor ApartmentsNew Years 1 Bedroom1BR,1BA$815
Kendall Arms1BR/1.0BA1BR,1BA$850
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875

Best Value Apartments for Rent in Payneville, KY and Nearby

As of February 21, 2026 the best value apartment in the Payneville area is the $1.10 price per square foot 3 Bedroom Model at Chapman Crossing in the starting from $1,360. The second greatest value Payneville apartment is the LGR 2 BDRM GAR Model at Vineland Carriage Homes Apartments starting at $1,075 with a $0.88 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.
Chapman Crossing3 Bedroom3BR,1.5BA$1.10
Vineland Carriage Homes ApartmentsLGR 2 BDRM GAR2BR,2BA$0.88
Cane Run StationTwo Bed Two Bath2BR,2BA$1.08
Woods Of Glen Hill Manor3.23BR,2BA$1.09
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.95
Newberry ParcTwo Bedroom2BR,2BA$0.95
Miller Manor Apartments2 Bed2BR,1BA$1.11
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.87
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09

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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The 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.

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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.

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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!

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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 $699 at Southwood.

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 $809 at Broadleaf Arms.

What is the most affordable Payneville Three Bedroom Apartment?

The best deal on a cheap Payneville Three Bedroom Apartment rental is at Southwood and starts from $1,049.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.