Cheap Apartments for Rent in London, KY from $500 (9 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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London, KY Local Guide

Cheapest Available London Apartments for Rent and Nearby

 

The cheapest available apartment rental in London, KY is a 1 Bed unit found at Mason Greene priced from $548. Shawnee Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $726. Here is today’s list of the most affordable London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mason Greene1 Bedroom Apartment1BR,1BA$548
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Meadow Pointe ApartmentsNew 2BR Rehabs2BR,1BA$829

Best Value Apartments for Rent in London, KY and Nearby

As of May 11, 2025 the best value apartment in the London area is the $0.71 price per square foot 197 Morgan St Model at 197 Morgan St, Unit 4 in the starting from $850. The second greatest value London apartment is the Meadow Pointe 2 bedrooms Model at Meadow Pointe Apartments starting at $829 with a $0.92 price per square foot . Here is today’s list of the best values for London apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
197 Morgan St, Unit 4197 Morgan St2BR,1.5BA$0.71
Meadow Pointe ApartmentsMeadow Pointe 2 bedrooms2BR,1BA$0.92
The ResortOne Bedroom1BR,1BA$1.11
Vines at Saddlebrook2 x 12BR,1BA$1.18
308 N 3rd St, Unit 4308 N 3rd St1BR,1BA$0.94
Mason Greene3 Bedroom Townhouse3BR,1.5BA$1.09
Fry Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.39
Century LoftsOne Bed1BR,1BA$1.57
155 Crescent View Dr, Unit 7155 Crescent View Dr1BR,1BA$0.92
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.38

Quick Rent Budget Calculator

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Location, Location, Location!

Explore London, KY Rentals by Map

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Getting Around London, KY

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap London Apartments

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

The lowest price for a Cheap One Bedroom London Apartment is $548 at Mason Greene.

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

Today's best deal for a Cheap Two Bedroom Apartment in London is starting from $829 at Meadow Pointe Apartments.

What is the most affordable London Three Bedroom Apartment?

The best deal on a cheap London Three Bedroom Apartment rental is at Mason Greene and starts from $869.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.