Cheap Homes for Rent in Petersburg, KY from $1,100 (9 Rentals)

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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.

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.

Petersburg, KY Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, KY is a 1 Bed unit found at Sky Harbor Apartments in the Northern Kentucky neighborhood priced from $860. Hayfield Park in the Northern Kentucky 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 ListingModel NameBed/BathPriced From
Sky Harbor Apartments1 Bed Sunset Square1BR,1BA$860
Hayfield ParkStudioStudio,1BA$860
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$935

Best Value Apartments for Rent in Petersburg, KY and Nearby

As of May 24, 2026 the best value apartment in the Petersburg area is the $1.24 price per square foot Two Bed w/Studio, Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,100. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeful Trace TownhomesTwo Bed w/Studio, Two-Half Bath TH2BR,2.5BA$1.24
Hamlet on the Bend3x23BR,2BA$1.36
Sanctuary Place2 Bed 2 Bath2BR,2BA$1.03
The Crossings of Oakbrook3 Bed 2 Bath3BR,2BA$1.13
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.26
Trails of SaddlebrookHambletonian (2nd Floor—Balcony)3BR,2BA$1.39
Country Place3 BR, 2.5 BTH Townhome3BR,2.5BA$1.17
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
The BoulevardThe William2BR,2BA$1.41
Brook Run Apartment ComplexTwo Bedroom W/D Connections2BR,1BA$1.22

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

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Frequently Asked Questions about Petersburg

What type of rentals are currently available in Petersburg?

There are currently 52 Apartments for Rent in Petersburg, KY with pricing that ranges from $835 to $4,032. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $1,100 to $4,495.

What is the current price range for Rental Homes in Petersburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $1,100 to $4,495 with an average monthly rent of $2,149.

How much are larger Three and Four Bedroom Rentals in Petersburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Petersburg range from $1,298 to $4,032, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,455.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.