Cheap Apartments for Rent in Richmond, KY from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.

1213 W Main St

East Ridge Apartments

Shawnee Trail Apartments

415 Bond St

224 Wray Ct

Vines at Saddlebrook
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.

Ty Lane Apartments

1066 Brandy Ln, Unit Apartment A

1040 Brandy Ln

Twin Lakes Apartments

The Resort
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.

304 Remington Ct
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.

978 Villa Dr

706 Sizemore Dr

241 McDaniel Ave

303 McDougal Ave

125 E Locust 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.

1118 Richmond Green Dr

1003 Whipporwill Dr
Richmond, KY Local Guide

How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond 1 Bedroom Apartments | $882 | $650 | $1,250 |
| Cheap Richmond 2 Bedroom Apartments | $1,082 | $855 | $1,400 |
| Cheap Richmond 3 Bedroom Apartments | $1,391 | $935 | $2,100 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, KY Local Guide
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Cheapest Available Richmond Apartments for Rent
 The cheapest available apartment rental in Richmond, KY is a 1 Bed unit found at Morrow Rentals priced from $650. Park Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morrow Rentals | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $720 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $724 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $725 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $726 |
| Reserves of Madison | The Heritage | 1BR,1BA | $775 |
| Richmond Green Apartments | 1 Bedroom (650sqft) | 1BR,1BA | $840 |
| Ty Lane Apartments | 1 Bedroom (630sqft) | 1BR,1BA | $875 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $900 |
| Fountain Brook Apartments | 1 Bedroom | 1BR,1BA | $925 |
Best Value Apartments for Rent in Richmond, KY
As of December 18, 2025 the best value apartment in the Richmond area is the $1.00 price per square foot 561 Hampton Way Model at 561 Hampton Way, Unit 1 in the starting from $1,600. The second greatest value Richmond apartment is the 6084 Lauren Ln Model at 6084 Lauren Ln, Unit Duplex starting at $1,400 with a $1.22 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 561 Hampton Way, Unit 1 | 561 Hampton Way | 3BR,2.5BA | $1.00 |
| 6084 Lauren Ln, Unit Duplex | 6084 Lauren Ln | 2BR,2BA | $1.22 |
| 9029 Landon Ln, Unit 9031 | 9029 Landon Ln | 2BR,2BA | $1.23 |
| Legacy Lake Apartments | One Bedroom One Bath | 1BR,1BA | $1.29 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $0.81 |
| The Resort | One Bedroom | 1BR,1BA | $1.11 |
| Reserves of Madison | The Heritage | 1BR,1BA | $1.03 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $1.03 |
| Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $1.35 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 Richmond, KY Rentals by Map
See the most popular apartments and homes in Richmond, KY
Getting Around Richmond, KY
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Richmond Apartments
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $650 at Morrow Rentals.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $845 at Park Place.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at 1040 Brandy Ln and starts from $1,000.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.











