Cheap Apartments for Rent near Reed, KY from $600 (51 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

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

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

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

Legacy Commons

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

Andrea Court North

8955 Andrea CtNewburgh, IN 47630
Senior Living

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.

Reed, KY Local Guide

Cheapest Available Reed Apartments for Rent and Nearby

 

The cheapest available apartment rental in Reed, KY is a Studio unit found at Sontra Evansville Apartments in the Lincoln-Bellemeade neighborhood priced from $655. Graystone Henderson in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Reed apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$655
Graystone Henderson1 Bedroom1BR,1BA$675
Embassy Apartments1.11BR,1BA$697
Shannon GlennMcConnell2BR,1BA$710
MeadowoodStudio RenoStudio,1BA$720
Addison PlaceWindsor1BR,1BA$749
The Manning1 Bedroom 1 Bathroom1BR,1BA$799
Coldwater Flats LLCThe Reservoir1BR,1BA$799
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$825
Parkside Apartments2 Bedroom2BR,1BA$825

Best Value Apartments for Rent in Reed, KY and Nearby

As of August 23, 2026 the best value apartment in the Reed area is the $1.15 price per square foot 3 Bed, 2 Bath Model at The Westcott in the in the Fielding Court neighborhood starting from $1,499. The second greatest value Reed apartment is the 2BR/1.0BA Model at Ross Center Village starting at $895 with a $0.78 price per square foot in the Lincoln-Bellemeade 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.
The Westcott3 Bed, 2 Bath3BR,2BA$1.15
Ross Center Village2BR/1.0BA2BR,1BA$0.78
River ClubDelaware - Renovated2BR,1BA$1.16
Indian WoodsThe Oak2BR,1BA$1.00
Terra Trace Apartments2x1.5-9362BR,1.5BA$1.12
Andrea Court NorthAndrea Court North2BR,1BA$1.03
Addison PlaceSt Charles2BR,1BA$1.15
Parkside Apartments2 Bedroom2BR,1BA$1.03
Kimber Green ApartmentsThe Maple (Down)1BR,1BA$1.15
Abbey Court ApartmentsCambridge1BR,1BA$1.08

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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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

What is the Cheapest Studio apartment in Reed?

Currently the most affordable Cheap Studio Apartment in Reed is at Sontra Evansville Apartments listed at $655.

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

The lowest price for a Cheap One Bedroom Reed Apartment is $675 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.