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Cheap Apartments for Rent in Richmond, KY

42 Rentals Available
Cheap Apartments for Rent in Richmond, KY. 42 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,100

Apartments Under $700

  • a blue house with trees and bushes in front of it
    Today

    450 North Keeneland Drive, Richmond, KY 40475
    1 BED $625+
    2 BEDS $725+
    3 BEDS $900+

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  • a living room with a couch and a table
    Today

    2875 Palumbo Dr., Lexington, KY 40509
    STUDIO $690
    1 BED $944
    2 BEDS Ask for Pricing

Apartments Under $800

  • a living room with a couch and a tv
    Today

    1143 Centre Parkway, Lexington, KY 40517
    1 BED $795
    2 BEDS $865
    3 BEDS $1,090

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Apartments Under $900

Apartments Under $1,100

  • a living room with a couch and a table
    Today

    201 Orchard Dr. Office, Nicholasville, KY 40356
    STUDIO Ask for Pricing
    1 BED $1,099
    2 BEDS $1,019

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  • an empty kitchen with a counter and a sink
    Today

    108 N. Central Avenue, Nicholasville, KY 40356
    3 BEDS $1,025
    4 BEDS $1,095
  • a living room with a fireplace and couches and a coffee table
    Today

    3751 Appian Way, Lexington, KY 40517
    1 BED $1,065+
    2 BEDS $1,190+
1-7-city
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Getting around in Richmond, KY

8 /100
Car-Dependent
19 /100
Somewhat Bikeable
Walk Score®: 8, Bike Score®: 19

Frequently asked questions

What is the price of a cheap apartment in Richmond, KY?

The price range of a cheap apartment is between $625 and $1,000.

How many cheap rentals are available in Richmond, KY on RentCafe?

There are 21 cheap rentals available on RentCafe. Prices and availability in Richmond, KY were last updated on 23 Feb 2026.

What is the average size of a cheap apartment in Richmond, KY?

The average Richmond, KY cheap apartment size is 1,033 sq. ft.

What are the advantages of renting a cheap apartment in Richmond, KY?

Cheap apartments in Richmond, KY are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Richmond, KY?

A cheap apartment in Richmond, KY offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Richmond, KY? With RentCafe, finding an affordable apartment in Richmond, KY has never been easier. We feature 42 low-priced rentals directly from property managers, with rents lower than the Richmond, KY average. What is a cheap rent in Richmond, KY? The average apartment rent in Richmond is $975 per month so any rental south of $780 would be considered cheap here. On RentCafe, Richmond, KY rents go as low as $625/mo.

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