Cheap Apartments for Rent near Reed, KY from $500 (43 Rentals)

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

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.

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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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

280 Shamrock CtEvansville, IN 47715
  • Utilities Included
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Fairmont Apartments
Studio to 2 Bedroom Apartments

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
  • Utilities Included

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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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included
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Legacy Commons
Studio to 2 Bedroom Apartments

Legacy Commons

1101 S Lincoln Park DrEvansville, IN 47714
  • Utilities Included
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Andrea Court North
2 Bedroom Apartments

Andrea Court North

8955 Andrea CtNewburgh, IN 47630
Senior Living

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.

Reed, KY Local Guide

Cheapest Available Reed Apartments for Rent and Nearby

 

The cheapest available apartment rental in Reed, KY is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $625. Sontra Evansville Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here is today’s list of the most affordable Reed apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Graystone Henderson1 Bedroom1BR,1BA$625
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Embassy Apartments0.1Studio,1BA$690
Shannon GlennMcConnell2BR,1BA$710
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$794
The Manning1 Bedroom 1 Bathroom1BR,1BA$799
Addison PlaceWindsor1BR,1BA$814
Parkside Apartments2 Bedroom2BR,1BA$825
Northbend Townhomes1 Bedroom Flat1BR,1BA$840
Abbey Court ApartmentsCambridge1BR,1BA$840

Best Value Apartments for Rent in Reed, KY and Nearby

As of July 08, 2026 the best value apartment in the Reed area is the $0.87 price per square foot 2BR/1.0BA Model at Ross Center Village in the in the Lincoln-Bellemeade neighborhood starting from $995. The second greatest value Reed apartment is the Delaware - Renovated Model at River Club starting at $1,100 with a $1.09 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Reed apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ross Center Village2BR/1.0BA2BR,1BA$0.87
River ClubDelaware - Renovated2BR,1BA$1.09
The Westcott2 Bed, 2 Bath2BR,2BA$1.17
Indian WoodsThe Oak2BR,1BA$0.95
Terra Trace Apartments2x1.5-9362BR,1.5BA$1.12
Andrea Court NorthAndrea Court North2BR,1BA$1.03
Colonial Manor Apartments2X12BR,1BA$1.15
Parkside Apartments2 Bedroom2BR,1BA$1.03
Kimber Green ApartmentsThe Maple (Up)1BR,1BA$1.15
Abbey Court ApartmentsCambridge1BR,1BA$1.13

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!

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Frequently Asked Questions about Cheap Reed Apartments

How much is rent for a Cheap One Bedroom Reed Apartment?

The lowest price for a Cheap One Bedroom Reed Apartment is $625 at Graystone Henderson.

What is the lowest price for a Cheap Two Bedroom Reed Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Reed is starting from $710 at Shannon Glenn.

What is the most affordable Reed Three Bedroom Apartment?

The best deal on a cheap Reed Three Bedroom Apartment rental is at Northbend Townhomes and starts from $1,177.

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.