Cheap Homes for Rent in Richmond, KY from $800 (11 Rentals)

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Search the lowest-cost Homes 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.

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
Park Place2 Bedroom, 1 Bath2BR,1BA$845
Pebblecreek CrossingTwo Bedroom2BR,1BA$859
Vines at Saddlebrook3 x 13BR,1BA$965

Best Value Apartments for Rent in Richmond, KY

As of July 21, 2025 the best value apartment in the Richmond area is the $0.98 price per square foot 1040 Autumn Leaf Dr Model at 1040 Autumn Leaf Dr, Unit #2 in the starting from $1,200. The second greatest value Richmond apartment is the 8022 Wilburn Way Model at 8022 Wilburn Way, Unit 8022 starting at $1,400 with a $1.23 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$0.98
8022 Wilburn Way, Unit 80228022 Wilburn Way2BR,2BA$1.23
Vines at Saddlebrook3 x 13BR,1BA$1.01
The ResortOne Bedroom1BR,1BA$1.11
Pebblecreek CrossingTwo Bedroom2BR,1BA$0.97
226 Lancaster Ave, Unit Apartment D226 Lancaster Ave1BR,1BA$1.06
Reserves of MadisonThe Heritage1BR,1BA$1.03
Park Place2 Bedroom, 1 Bath2BR,1BA$1.22
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.38

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Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 83 Apartments for Rent in Richmond, KY with pricing that ranges from $650 to $2,100. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $850 to $2,875.

What is the current price range for Rental Homes in Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $850 to $2,875 with an average monthly rent of $1,728.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.