Cheap Apartments for Rent in Payneville, KY from $500 (23 Rentals)

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

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

close
View Me
6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
  • Utilities Included
close
View Me
3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
  • Utilities Included
Showing Results 1-23, Page 1 of 1

Payneville, KY Local Guide

Cheapest Available Payneville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Payneville, KY is a 1 Bed unit found at Southwood in the South Louisville neighborhood priced from $759. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Payneville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southwood1 Bed, 1 bath1BR,1BA$759
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$825
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$825
Walnut Grove1 Bedroom, 1 Bathroom1BR,1BA$830
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850

Best Value Apartments for Rent in Payneville, KY and Nearby

As of March 27, 2025 the best value apartment in the Payneville area is the $1.03 price per square foot Villas of Heritage Springs Apartments Model at Heritage Springs Rentals in the starting from $1,200. The second greatest value Payneville apartment is the 3 x 2.5 Pixie C1 Model at Bayshore Townhomes starting at $1,085 with a $0.98 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Payneville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1.03
Bayshore Townhomes3 x 2.5 Pixie C13BR,1.5BA$0.98
The Landing2 Beds, 2 baths2BR,2BA$1.03
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
Vineland Carriage Homes ApartmentsSM 2 BDRM GAR2BR,2BA$0.94
Anderson EstatesTwo Bedroom One Bath2BR,1BA$0.94
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Newberry ParcOne Bedroom1BR,1BA$1.02
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.03
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$1.09

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

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

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

Explore Payneville, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Payneville, KY

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

Frequently Asked Questions about Cheap Payneville Apartments

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

The lowest price for a Cheap One Bedroom Payneville Apartment is $759 at Southwood.

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

Today's best deal for a Cheap Two Bedroom Apartment in Payneville is starting from $850 at Woodside Townhomes.

What is the most affordable Payneville Three Bedroom Apartment?

The best deal on a cheap Payneville Three Bedroom Apartment rental is at Southwood and starts from $1,059.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.