Cheap Apartments for Rent near Payneville, KY from $400 (47 Rentals)

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

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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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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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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Chapman Crossing
2 to 3 Bedroom Apartments

Chapman Crossing

625 Chapman Dr NWCorydon, IN 47112

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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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
  • Utilities Included

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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Showing Results 1-47, Page 1 of 1

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 $673. Knox Landing in the Meade County neighborhood 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 Payneville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lower Hunters Trace3 Bedroom3BR,2BA$673
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$810
Laurel at the Woodlands1 Bed 1 Bath1BR,1BA$828
Woodside Townhomes2 Bedroom Townhome2BR,1BA$850
Greenwood Place Apartments1+11BR,1BA$850
Miller Manor Apartments1 Bed1BR,1BA$850
Newberry ParcOne Bedroom1BR,1BA$874

Best Value Apartments for Rent in Payneville, KY and Nearby

As of July 11, 2026 the best value apartment in the Payneville area is the $0.80 price per square foot 3 BDRM GAR Model at Vineland Carriage Homes Apartments in the starting from $1,075. 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.
Vineland Carriage Homes Apartments3 BDRM GAR3BR,2BA$0.80
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.81
Newberry ParcTwo Bedroom2BR,2BA$1.00
Anderson EstatesTwo Bedroom One Bath2BR,1BA$1.04
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Greenwood Place Apartments1+11BR,1BA$0.98
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.94
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
Knox Landing1 Bed / 1 Bath1BR,1BA$1.06

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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Quick 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.

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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 Lower Hunters Trace and starts from $673.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.