Cheap Homes for Rent in Fayette County, KY from $700 (29 Rentals)

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

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Cheapest Available Fayette County Apartments for Rent

 

The cheapest available apartment rental in Fayette County, KY is a Studio unit found at BelleFontaine Apartment Homes in the Boone Creek neighborhood priced from $685. Caballo Crossing in the Winburn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Fayette County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
The Landing at LexLand1.11BR,1BA$745
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
CedarwoodJonahStudio,1BA$749
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$750
Preakness ApartmentsP111BR,1BA$750
Shorelake ApartmentsSmall 1 Bedroom1BR,1BA$795
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825

Best Value Apartments for Rent in Fayette County, KY

As of July 31, 2025 the best value apartment in the Fayette County area is the $1.07 price per square foot 3 Bedroom 2.5 Bath Model at The Pines in the in the Boone Creek neighborhood starting from $1,500. The second greatest value Fayette County apartment is the Two Bedroom Model at The Stretch starting at $865 with a $0.88 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for Fayette County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.07
The StretchTwo Bedroom2BR,2BA$0.88
Life at LexingtonJuniper2BR,1BA$1.09
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
The Dawn Run Apartments2x1 SM2BR,1BA$1.08
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
Eastland Hills Apartments1 Bedroom1BR,1BA$1.14
Park VistaPV1.11BR,1BA$1.12
The Landing at LexLand1.11BR,1BA$1.10
Preakness ApartmentsP111BR,1BA$1.12

Frequently Asked Questions about Fayette County

What type of rentals are currently available in Fayette County?

There are currently 1012 Apartments for Rent in Fayette County, KY with pricing that ranges from $610 to $6,789. There are also 147 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette County ranging from $725 to $6,000.

What is the current price range for Rental Homes in Fayette County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayette County ranges from $725 to $6,000 with an average monthly rent of $2,078.

How much are larger Three and Four Bedroom Rentals in Fayette County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayette County range from $875 to $6,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $739.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.