
Cheap Apartments for Rent in Petersburg, KY from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Petersburg.


Brook Run Apartment Complex

Hayfield Park

2005 Farmview Dr

The Woods of Oakbrook

Total Monthly Price
211 Walnut St, Unit 202

Whiskey River

Florence Crossing

Burgundy Hills 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.

Total Monthly Price
221 Walnut St

Cascade Ridge

Sky Harbor Apartments

Newly Renovated Apartments

Florence Hall

Weaver Farm

Dillsboro Townhomes

Tuscany Bay Apartments

Sparrow 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.

Affinity of Union

Hamlet on the Bend

Parkway Trails

The Boulevard

South Pointe Townhomes

250 E State Rd

422-424 S Miami Ave

Cleves Properties

3411 Daytona Ave
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22 Washington Ave

251 Main St

Meadowbrook Apartments

170 Richardson Pl

138 1st St

251 E High St

206 W Eads Pkwy

231 Sekitan Ave

1011 Rapid Ave
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Petersburg, KY Local Guide

How much does it cost to rent an apartment in Petersburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg Studio Apartments | $1,016 | $640 | $1,199 |
| Petersburg 1 Bedroom Apartments | $1,448 | $725 | $2,673 |
| Petersburg 2 Bedroom Apartments | $1,686 | $940 | $3,053 |
| Petersburg 3 Bedroom Apartments | $2,284 | $1,298 | $3,802 |
| Petersburg 4 Bedroom Apartments | $1,455 | $1,455 | $1,455 |
Browse Top Apartments in Petersburg
See all Apartments in PetersburgExplore Petersburg
Petersburg, KY Local Guide
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Cheapest Available Petersburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Petersburg, KY is a Studio unit found at Concord Square Apartments in the Dearborn County neighborhood priced from $640. Hayfield Park in the Boone County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here is today’s list of the most affordable Petersburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Square Apartments | Studio | Studio,1BA | $640 |
| Hayfield Park | Studio | Studio,1BA | $860 |
| 2005 Farmview Dr | One Bedroom | 1BR,1BA | $877 |
| The Woods of Oakbrook | 1 Bed 1 Bath | 1BR,1BA | $935 |
| Brook Run Apartment Complex | Standard Two Bedroom | 2BR,1BA | $935 |
| Florence Crossing | 1 bedroom | 1BR,1BA | $1,075 |
| Whiskey River | S2 | Studio,1BA | $1,075 |
| Cascade Ridge | 1-Bedroom, 1-Bath With Balcony | 1BR,1BA | $1,145 |
Best Value Apartments for Rent in Petersburg, KY and Nearby
As of July 03, 2026 the best value apartment in the Petersburg area is the $1.35 price per square foot Three Bed, Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,300. The second greatest value Petersburg apartment is the 3x2 Model at Hamlet on the Bend starting at $1,900 with a $1.36 price per square foot in the Thornwilde Seasons neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hopeful Trace Townhomes | Three Bed, Two-Half Bath TH | 3BR,2.5BA | $1.35 |
| Hamlet on the Bend | 3x2 | 3BR,2BA | $1.36 |
| Sanctuary Place | 2 Bed 2 Bath | 2BR,2BA | $1.03 |
| Affinity of Union | 2 bedroom 2 bathroom front to back | 2BR,2BA | $1.28 |
| South Pointe Townhomes | 3 Bedroom Garden | 3BR,2BA | $1.21 |
| The Crossings of Oakbrook | 2 Bed 2 Bath | 2BR,2BA | $1.27 |
| Newly Renovated Apartments | 2 bed 1 bath | 2BR,1BA | $1.24 |
| Brook Run Apartment Complex | Two Bedroom W/D Connections | 2BR,1BA | $1.22 |
| 2005 Farmview Dr | One Bedroom | 1BR,1BA | $1.27 |
| The Woods of Oakbrook | 1 Bed 1 Bath | 1BR,1BA | $1.44 |
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.
Read ArticleReal 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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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 Petersburg, KY Rentals by Map
See the most popular apartments and homes in Petersburg, KY
Frequently Asked Questions about Cheap Petersburg Apartments
What is the Cheapest Studio apartment in Petersburg?
Currently the most affordable Cheap Studio Apartment in Petersburg is at Concord Square Apartments listed at $640.
How much is rent for a Cheap One Bedroom Petersburg Apartment?
The lowest price for a Cheap One Bedroom Petersburg Apartment is $877 at 2005 Farmview Dr.
What is the lowest price for a Cheap Two Bedroom Petersburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $935 at Brook Run Apartment Complex.
What is the most affordable Petersburg Three Bedroom Apartment?
The best deal on a cheap Petersburg Three Bedroom Apartment rental is at South Pointe Townhomes and starts from $1,298.
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

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.

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.

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.

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.