Cheap Apartments for Rent in Payneville, KY from $500 (30 Rentals)

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

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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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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.

Payneville, KY Local Guide

Cheapest Available Payneville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Payneville, KY is a 3 Beds unit found at Lower Hunters Trace in the South Louisville neighborhood priced from $752. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here is today’s list of the most affordable Payneville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lower Hunters Trace3x23BR,2BA$752
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759
Southwood1 Bed, 1 bath1BR,1BA$779
Bayshore TownhomesThe Luna - Cozy One Bedroom Townhome1BR,1BA$825
Miller Manor Apartments1 Bed1BR,1BA$850
Kendall Arms1BR/1.0BA1BR,1BA$850
The Rockford Arms Apartment CommunityOne-bedroom1BR,1BA$875
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875
Embassy Townhomes2 Bed, 1.5 Bath2BR,1BA$900
St Anthony GardensUpdated 2 Bed 1 Bath Apartment2BR,1BA$925

Best Value Apartments for Rent in Payneville, KY and Nearby

As of September 09, 2025 the best value apartment in the Payneville area is the $1.08 price per square foot 2 Bedroom Townhouse Model at 6121 Upper Hunters Trce in the in the South Louisville neighborhood starting from $1,350. The second greatest value Payneville apartment is the 2 Beds, 2 baths Model at The Landing starting at $1,159 with a $1.05 price per square foot in the South Louisville neighborhood. 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.
6121 Upper Hunters Trce2 Bedroom Townhouse2BR,1.5BA$1.08
The Landing2 Beds, 2 baths2BR,2BA$1.05
Newberry ParcTwo Bedroom2BR,2BA$1.05
Vineland Carriage Homes ApartmentsSM 2 BDRM GAR2BR,2BA$1.06
Anderson EstatesTwo Bedroom One Bath2BR,1BA$1.04
Miller Manor Apartments2 Bed2BR,1BA$1.11
3104-3112 Springfield Dr2 Bedroom2BR,1BA$1.06
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09

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Pet Friendly Lifestyle

Ranked #

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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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 $759 at Broadleaf Arms.

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 $859 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 Lower Hunters Trace and starts from $752.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.