
Cheap Homes for Rent in Fayette County, KY from $700 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Fayette County.


1021 Cross Keys Rd

2131 Coburn Blvd

528 Michigan St
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706 Jackson St

1574 Kilkenny Dr

1962 Cambridge Dr

1025 Cross Keys Rd

826 Warfield Pl

583 Eureka Springs Dr

1124 Greentree Ct

1811 Dalton Ct

165 E Sixth St

163 E Sixth St
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3573 Laredo Dr

2901 Affirmed Ct

1771 Harrodsburg Rd

570 Anniston Dr
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2125 Saint Michael Dr

858 Whitney Ave

549 Haskins Dr

555 N Limestone

434 N Martin Luther King Blvd

120 Montmullin St

127 Prall St

577 El Paseo Pl

119 Suburban Ct
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310 Outrider Way

1248 Hot Springs Ct
Fayette County, KY Local Guide

How much does it cost to rent a home in Fayette County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fayette County 2 Bedroom Homes for Rent | $1,677 | $899 | $3,600 |
Fayette County 3 Bedroom Homes for Rent | $1,951 | $1,100 | $5,000 |
Fayette County 4 Bedroom Homes for Rent | $2,665 | $1,495 | $6,000 |
Fayette County 5 Bedroom Homes for Rent | $2,899 | $2,350 | $3,100 |
Browse Homes for Rent in Fayette County
Explore Fayette County
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
The Landing at Lex | Land1.1 | 1BR,1BA | $745 |
VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
Cedarwood | Jonah | Studio,1BA | $749 |
1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $750 |
Preakness Apartments | P11 | 1BR,1BA | $750 |
Shorelake Apartments | Small 1 Bedroom | 1BR,1BA | $795 |
Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1BA | $805 |
Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Pines | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.07 |
The Stretch | Two Bedroom | 2BR,2BA | $0.88 |
Life at Lexington | Juniper | 2BR,1BA | $1.09 |
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
The Dawn Run Apartments | 2x1 SM | 2BR,1BA | $1.08 |
Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
Eastland Hills Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
Park Vista | PV1.1 | 1BR,1BA | $1.12 |
The Landing at Lex | Land1.1 | 1BR,1BA | $1.10 |
Preakness Apartments | P11 | 1BR,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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
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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.

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.

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.