Cheap Apartments for Rent in Richmond, KY from $600 (13 Rentals)

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

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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Park Place
1 to 2 Bedroom Apartments

Park Place

535 Mahaffey DrRichmond, KY 40475
  • Utilities Included
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Blue Country Apartments
Studio to 3 Bedroom Apartments

Blue Country Apartments

511-519 Ballard DrRichmond, KY 40475
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Reserves of MadisonThe Heritage1BR,1BA$775
Pebblecreek CrossingTwo Bedroom2BR,1BA$859
The ResortOne Bedroom1BR,1BA$995
Vines at Saddlebrook3 x 13BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1040 Autumn Leaf Dr, Unit #21040 Autumn Leaf Dr2BR,1.5BA$0.90
Vines at Saddlebrook3 x 13BR,1BA$1.20
The ResortOne Bedroom1BR,1BA$1.11
Pebblecreek CrossingTwo Bedroom2BR,1BA$0.97
Reserves of MadisonThe Heritage1BR,1BA$1.03
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.38

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Getting Around Richmond, KY

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

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.

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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.

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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.

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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.

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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.