Cheap Apartments for Rent in Springfield, KY from $595 (56 Rentals)

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

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Robertson Apartments
1 to 2 Bedroom Apartments

Robertson Apartments

100 W Main StSpringfield, KY 40069
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Park Lake Apartments
$1,108 - $1,521

Total Monthly Price

Base Rent$1,108 - $1,521
Total Monthly Price$1,108 - $1,521
1 to 3 Bedroom Apartments Available Now

Park Lake Apartments

7100 Leisure LnLouisville, KY 40229
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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ColaCommons
2 to 3 Bedroom Apartments

ColaCommons

80 Frankfort RdShelbyville, KY 40065
  • Utilities Included
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Buckingham Apartments
1 to 3 Bedroom Apartments

Buckingham Apartments

900 David CtElizabethtown, KY 42701
  • Utilities Included
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464 Springfield Rd
2 Bedroom Apartments

464 Springfield Rd

464 Springfield RdElizabethtown, KY 42701
Student Housing
  • Utilities Included

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.

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Tyler Park Apartments
1 to 3 Bedroom Apartments

Tyler Park Apartments

1103 Lewis DrElizabethtown, KY 42701
  • Utilities Included
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Linda's Place (Age 62+ )
1 to 2 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
Senior Living
  • Utilities Included
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120-122 Scotch Ct
1 to 4 Bedroom Apartments

120-122 Scotch Ct

120-122 Scotch CtBardstown, KY 40004
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Springfield, KY Local Guide

Cheapest Available Springfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Springfield, KY is a 2 Beds unit found at Long Run Community - Income Restricted priced from $715. Town Pointe Apartments in the Nelson County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Springfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Long Run Community - Income Restricted2x12BR, 1BA$715
Town Pointe ApartmentsStudioStudio, 1BA$795
Buckingham Apartments021BR, 1BA$825
Tanglewood ApartmentsStudioStudio, 1BA$825
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR, 1BA$899
Windhurst Park ApartmentsOne Bedroom Deluxe1BR, 1BA$940
Autovilla TownhomesAutovilla - 2/1.5 TH (Not Remodeled)2BR, 1BA$995
Glenmary Village ApartmentsA - Park1BR, 1BA$1,039
Hi-Point Apartments - Reduced Rent Special!One Bedroom1BR, 1BA$1,075
Tanyard Park1 Bedroom | 1 Bath1BR, 1BA$1,088

Best Value Apartments for Rent in Springfield, KY and Nearby

As of September 18, 2026 the best value apartment in the Springfield area is the $0.94 price per square foot The Dream Model at Green River Lake Commons starting from $1,144. The second greatest value Springfield apartment is the 2 Beds, 1.5 baths Model at Brook Haven Townhomes starting at $1,150 with a $0.96 price per square foot. Here is today’s list of the best values for Springfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Green River Lake CommonsThe Dream3BR, 2BA$0.94
Brook Haven Townhomes2 Beds, 1.5 baths2BR, 1.5BA$0.96
Claysville Landing Apartment Suites2x22BR, 2BA$0.92
Winding Springs2 Bedrooms Apartments2BR, 2BA$1.13
Shelby Oaks ApartmentsTwo Bedroom2BR, 2BA$1.10
The Villas of Pine ValleyTwo Bedroom Two Bath2BR, 2BA$1.14
Tanyard Park1 Bedroom | 1 Bath1BR, 1BA$1.12
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR, 1BA$0.94
Windhurst Park ApartmentsOne Bedroom Deluxe1BR, 1BA$1.12
Long Run Community - Income Restricted2x12BR, 1BA$0.98

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Springfield, KY Rentals by Map

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Frequently Asked Questions about Cheap Springfield Apartments

What is the Cheapest Studio apartment in Springfield?

Currently the most affordable Cheap Studio Apartment in Springfield is at Town Pointe Apartments listed at $795.

How much is rent for a Cheap One Bedroom Springfield Apartment?

The lowest price for a Cheap One Bedroom Springfield Apartment is $825 at Buckingham Apartments.

What is the lowest price for a Cheap Two Bedroom Springfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Springfield is starting from $715 at Long Run Community - Income Restricted.

What is the most affordable Springfield Three Bedroom Apartment?

The best deal on a cheap Springfield Three Bedroom Apartment rental is at Green River Lake Commons and starts from $1,144.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.