Cheap Apartments for Rent in Island, KY from $400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Explore the Best Cheap Apartments in Island for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

close
View Me
126 E Broad St
$4251 Bedroom, 1 Bath Condo for RentAvailable Now

126 E Broad St

Central City, KY 42330
View Details

Island, KY Local Guide

Cheapest Available Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Island, KY is a Studio unit found at Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $490. Graystone Henderson in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$490
Graystone Henderson1 Bedroom1BR,1BA$649
Roosevelt House I & II Senior CommunityRoosevelt House II - Income Based1BR,1BA$715
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$745
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750

Best Value Apartments for Rent in Island, KY and Nearby

As of January 05, 2025 the best value apartment in the Island area is the $0.75 price per square foot 4 Beds, 2 baths Model at Cottonwood in the starting from $1,500. The second greatest value Island apartment is the 2 Bedroom Model at Shenandoah Place starting at $1,200 with a $0.95 price per square foot in the Henderson North End neighborhood. Here is today’s list of the best values for Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cottonwood4 Beds, 2 baths4BR,2BA$0.75
Shenandoah Place2 Bedroom2BR,1.5BA$0.95
RNA RENTAL302 E 7th St # G - Upper - incl water3BR,2.5BA$0.98
Village GreenMulberry2BR,1BA$0.90
Indian WoodsThe Oak2BR,1BA$1.08
Apartment Village Evansville2 bed 1 bath2BR,1BA$1.06
Bryce De MorayB-1 Bedroom1BR,1BA$0.97
Naveen Pine ApartmentsCozy Two Bedroom Apartment Home2BR,1BA$1.12
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Parkside Apartments2 Bedroom2BR,1BA$1.03

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.

decorative image of people with a giant lease agreement

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

Explore Island, KY Rentals by Map

View MapIsland, KY Apartments MapView MapIsland, KY Rental Homes Map

Getting Around Island, KY

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Island Apartments

What is the Cheapest Studio apartment in Island?

Currently the most affordable Cheap Studio Apartment in Island is at Embassy Apartments listed at $490.

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

The lowest price for a Cheap One Bedroom Island Apartment is $649 at Graystone Henderson.

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

Today's best deal for a Cheap Two Bedroom Apartment in Island is starting from $815 at Kingston Square Apartments.

What is the most affordable Island Three Bedroom Apartment?

The best deal on a cheap Island Three Bedroom Apartment rental is at RNA RENTAL and starts from $1,125.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting  article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.