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Apartments for Rent in Kentucky under $500

34 Rentals Available
Apartments for Rent in Kentucky under $500. 34 Rentals Available
  • a kitchen with white appliances and a sink and a refrigerator
    Today

    1224 Cherokee Rd., Louisville, KY 40204
    STUDIO $75
  • a kitchen with black and white checkered floor and stainless steel appliances
    Today

    2111 Eastern Parkway, Louisville, KY 40204
    STUDIO $75
  • a kitchen with wooden floors and stainless steel appliances
    Today

    344 Dye Ford Rd, Alvaton, KY 42122
    STUDIO $60+
  • a sidewalk in front of a brick building
    Today

    1361 South Floyd Street, Louisville, KY 40208
    1 BED $500
  • 5421 Scottsville Rd Studio Apartment for Rent
    Today

    5421 Scottsville Rd, Bowling Green, KY 42104
    STUDIO $100+
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  • a red brick house with stairs in front of it
    Today

    108 West Burnett Avenue, Louisville, KY 40208
    STUDIO $495
  • the logo is shown in red and white
    Today

    240 South Madison, Richmond, KY 40475
    1 BED $500
  • a logo for a property management company
    Today

    2410 Elliot Avenue, Louisville, KY 40211
    2 BEDS $425
  • a kitchen with white appliances and wooden cabinets
    Today

    260 & 300 Faro Ct., Shepherdsville, KY 40165
    STUDIO $300
  • a brown house with a lawn and a tree
    Today

    555 E 2Nd St, Russellville, KY 42276
    2 BEDS $450
  • a living room with leather couches and a kitchen with a table and chairs
    Today

    54 Stokes Court, Monticello, KY 42633
    1 BED $447
  • Interactive banner bedroom
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  • a living room with a couch and a television
    Today

    12800 Towne Center Dr., Walton, KY 41094
    Income Restricted
    1 BED $391+
  • a picnic table in a park with a playground
    Today

    110 East Moncrief Street, Scottsville, KY 42164-1667
    Income Restricted
    1 BED Ask for Pricing
  • coming soon handwritten text on a white background
    Today

    1121 W Main Street, West Liberty, KY 41472
    Income Restricted
    2 BEDS $350+
    3 BEDS $450+
14-0-state
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Getting around in Kentucky, KY

24 /100
Somewhat Bikeable
Bike Score®: 24

Frequently asked questions

When were prices and availability in Kentucky last updated?

Prices and availability in Kentucky were last updated on 24 Feb 2026.

What are the best apartments in Kentucky?

The best apartments in Kentucky are: Parkway Trails, Haverford Place, 4143 Hillview Ave., Country Club Estates and 1607 Lucia Avenue.

What type of rental buildings are in Kentucky?

In Kentucky, 32% of the residents are renting compared to 68% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Kentucky's rentals, 52% are small-scale complexes with under 50 units, and 33% are single-family rentals.

Search for apartments in Kentucky under $500

There’s more than one way to spend $500 on rent in Kentucky, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Kentucky. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 14 apartments for rent below $500 in Kentucky for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!