Cheap Homes for Rent in Richmond, KY from $900 (11 Rentals)

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

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Richmond, KY Local Guide

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, KY is a 1 Bed unit found at Morrow Rentals priced from $650. Pebblecreek Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morrow RentalsOne Bed1BR,1BA$650
Pebblecreek CrossingOne Bedroom1BR,1BA$724
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Park Place2 Bedroom, 1 Bath2BR,1BA$845
1040 Brandy LnTwo Bed2BR,1BA$900

Best Value Apartments for Rent in Richmond, KY

As of April 22, 2025 the best value apartment in the Richmond area is the $1.11 price per square foot One Bedroom Model at The Resort in the starting from $995. The second greatest value Richmond apartment is the One Bedroom One Bath Model at Legacy Lake Apartments starting at $1,150 with a $1.28 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ResortOne Bedroom1BR,1BA$1.11
Legacy Lake ApartmentsOne Bedroom One Bath1BR,1BA$1.28
Vines at Saddlebrook2 x 12BR,1BA$1.18
1040 Brandy LnTwo Bed2BR,1BA$1.25
Pebblecreek CrossingOne Bedroom1BR,1BA$1.03
Park Place2 Bedroom, 1 Bath2BR,1BA$1.22
Ty Lane Apartments1 Bedroom (630sqft)1BR,1BA$1.35
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.38
Morrow RentalsOne Bed1BR,1BA$1.53

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Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 88 Apartments for Rent in Richmond, KY with pricing that ranges from $650 to $2,100. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $925 to $2,875.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $925 to $2,875 with an average monthly rent of $2,068.

How much are larger Three and Four Bedroom Rentals in Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $965 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $985 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $985.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.