Cheap Homes for Rent in Payneville, KY from $600 (12 Rentals)

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

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.

property at 388 Elmwood Dr

388 Elmwood Dr

RadcliffKY40160

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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 Vista Apartments of Radcliffe priced from $700. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here is today’s list of the most affordable Payneville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vista Apartments of Radcliffe1 Bdrm1BR,1BA$700
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759
Southwood1 Bed, 1 bath1BR,1BA$799
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$825
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850

Best Value Apartments for Rent in Payneville, KY and Nearby

As of May 11, 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 2 Beds, 2 baths Model at The Landing starting at $1,129 with a $1.03 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
The Landing2 Beds, 2 baths2BR,2BA$1.03
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
Vineland Carriage Homes ApartmentsSM 2 BDRM2BR,2BA$0.90
Bayshore TownhomesFirefly2BR,1.5BA$0.94
Newberry ParcTwo Bedroom2BR,2BA$1.06
Anderson EstatesTwo Bedroom One Bath2BR,1BA$0.94
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95
Vista Apartments of Radcliffe1 Bdrm1BR,1BA$1.08

Quick Rent Budget Calculator

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Frequently Asked Questions about Payneville

What type of rentals are currently available in Payneville?

There are currently 45 Apartments for Rent in Payneville, KY with pricing that ranges from $700 to $2,230. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Payneville ranging from $600 to $2,995.

What is the current price range for Rental Homes in Payneville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Payneville ranges from $600 to $2,995 with an average monthly rent of $1,681.

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.

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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.