
Cheap Apartments for Rent in Reed, KY from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Reed.


Village Green

Graystone Henderson

Sontra Evansville Apartments

Embassy Apartments

Crescent Court Apartments

Heathmoore - Evansville

Devonshire Gardens I & II
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.

TERRA TRACE

The Manning

Addison Place

Northbend Townhomes

Parkside Apartments

Park Place Apartments - 55+ Community

Abbey Court Apartments

River Club
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.

Hornbrook Estates Apartments

Indian Woods

Pavilion Lakes Apartments

Bryce De Moray

Sugar Mill Creek

Andrea Court North

Ross Center Village

Saddlebrook
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.

Colonial Manor Apartments

Ashley Pointe

Brooklyn Place

Beaver Creek Apartments

Kimber Green Apartments

Shannon Glenn

Fairmont Apartments

640 Jefferson Ave
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.

Eastland Apartments

Legacy Commons

5560 E Virginia St

Naveen Pine Apartments

2325 Margybeth Ave

1807 S Kerth Ave

1621 Burdette Ave

5564 E Virginia St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

701 Beachfront Dr

7935 Circle Front Ct

Shenandoah Townhomes
Reed, KY Local Guide

How much does it cost to rent an apartment in Reed?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reed Studio Apartments | $765 | $600 | $1,200 |
| Reed 1 Bedroom Apartments | $950 | $625 | $1,589 |
| Reed 2 Bedroom Apartments | $1,232 | $820 | $2,199 |
| Reed 3 Bedroom Apartments | $1,564 | $1,190 | $2,159 |
| Reed 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Top Apartments in Reed
See all Apartments in ReedExplore Reed
Reed, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Sontra Evansville Apartments | 0BR/1.0BA | Studio,1BA | $630 |
| Embassy Apartments | 0.1 | Studio,1BA | $660 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $680 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $749 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Addison Place | Windsor | 1BR,1BA | $799 |
| Northbend Townhomes | 1 Bedroom Flat | 1BR,1BA | $823 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $825 |
Best Value Apartments for Rent in Reed, KY and Nearby
As of May 24, 2026 the best value apartment in the Reed area is the $0.85 price per square foot 2BR/1.0BA Model at Ross Center Village in the in the Lincoln-Bellemeade neighborhood starting from $975. The second greatest value Reed apartment is the Two Bedroom One Bathroom Model at Hornbrook Estates Apartments starting at $895 with a $0.93 price per square foot in the Jeannette neighborhood. Here is today’s list of the best values for Reed apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.85 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.93 |
| Indian Woods | The Oak | 2BR,1BA | $0.95 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $1.03 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.15 |
| Devonshire Gardens I & II | 1 Bed 1 Bath B | 1BR,1BA | $1.00 |
| Shannon Glenn | McConnell | 2BR,1BA | $0.89 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $1.13 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $1.18 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reed, KY Rentals by Map
See the most popular apartments and homes in Reed, KY
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 $630.
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 $1,067.
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

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.

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.

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.

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.