Cheap Apartments for Rent in Richmond, KY from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.

1213 W Main St

1201 Arlington Dr
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.

Shawnee Trail Apartments

224 Wray Ct

Vines at Saddlebrook

100 Dennis 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.
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 | $840 | $650 | $1,150 |
Cheap Richmond 2 Bedroom Apartments | $1,093 | $855 | $1,400 |
Cheap Richmond 3 Bedroom Apartments | $1,399 | $1,032 | $2,100 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, KY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Richmond Apartments for Rent
 The cheapest available apartment rental in Richmond, KY is a 1 Bed unit found at Shawnee Trail Apartments priced from $726. Reserves of Madison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Richmond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $726 |
Reserves of Madison | The Heritage | 1BR,1BA | $775 |
Pebblecreek Crossing | Two Bedroom | 2BR,1BA | $859 |
The Resort | One Bedroom | 1BR,1BA | $995 |
Vines at Saddlebrook | 3 x 1 | 3BR,1BA | $1,140 |
Best Value Apartments for Rent in Richmond, KY
As of July 30, 2025 the best value apartment in the Richmond area is the $0.90 price per square foot 1040 Autumn Leaf Dr Model at 1040 Autumn Leaf Dr, Unit #2 in the starting from $1,100. The second greatest value Richmond apartment is the 3 x 1 Model at Vines at Saddlebrook starting at $1,140 with a $1.20 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. |
---|---|---|---|
1040 Autumn Leaf Dr, Unit #2 | 1040 Autumn Leaf Dr | 2BR,1.5BA | $0.90 |
Vines at Saddlebrook | 3 x 1 | 3BR,1BA | $1.20 |
The Resort | One Bedroom | 1BR,1BA | $1.11 |
Pebblecreek Crossing | Two Bedroom | 2BR,1BA | $0.97 |
Reserves of Madison | The Heritage | 1BR,1BA | $1.03 |
Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $1.38 |
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.
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 $726 at Shawnee Trail Apartments.
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 $859 at Pebblecreek Crossing.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.