
Cheap Homes for Rent in Fayette County, KY from $700 (39 Rentals)
Search the lowest-cost Homes available for rent right now in Fayette County.


1021 Cross Keys Rd

704 Jackson St

313 Mockingbird Ln

633 Ohio St

168 Woodland Ave

147 Lakeshore Dr

1025 Cross Keys Rd

308 E 7th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

614 Ohio St

123 Montmullin St

589 Delzan Plz, Unit 4

207 York St

3573 Laredo Dr

356 Radcliffe Rd

342 Waller Ave

244 Warnock St

2512 Cashel Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

408 Bainbridge Ct

1435 N Forbes Rd

2113 Saint Michael Dr

615 N Upper St

145 Newcastle St

217 Creekside Ct

179 Hedgewood Ct

650 S Mill St

3312 Valhalla Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1257 Golden Gate Park

3685 Squires Woods Way

486 Price Rd

433 Lindberg Dr

3493 Sutherland Dr

2306 Pierson Dr

262 Osage Ct

1470 Vintage Cir

638 Breckenridge St
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.

103 Chippendale Ct, Unit 101 Chippendale Court

915 Whitney Ave

1100 Horsemans Ln
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 | $1,629 | $899 | $3,300 |
| Fayette County 3 Bedroom Homes for Rent | $1,908 | $1,350 | $5,450 |
| Fayette County 4 Bedroom Homes for Rent | $2,767 | $1,620 | $4,500 |
| Fayette County 5 Bedroom Homes for Rent | $3,137 | $2,999 | $3,300 |
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 1 Bed unit found at 1901 Apartment Homes in the Beaumont Residential neighborhood priced from $620. The Dawn Run Apartments in the Eastland Parkway neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Fayette County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1901 Apartment Homes | 2 Bedroom, 1 Bathroom | 1BR,1BA | $620 |
| The Dawn Run Apartments | Studio SM | Studio,1BA | $625 |
| BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $730 |
| Longwood | Jeffery | 2BR,2BA | $730 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $745 |
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Cedarwood | Jonah | Studio,1BA | $749 |
| Prime Hamburg Apartments | Studio | Studio,1BA | $750 |
| Preakness Apartments | P11 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Fayette County, KY
As of April 07, 2026 the best value apartment in the Fayette County area is the $1.13 price per square foot 1324 Fontaine Rd Model at 1324 Fontaine Rd, Unit 1324 Fontaine Road in the in the Montclair neighborhood starting from $1,750. The second greatest value Fayette County apartment is the 3 Bedroom 2.5 Bath Model at The Pines starting at $1,500 with a $1.07 price per square foot in the Boone Creek 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. |
|---|---|---|---|
| 1324 Fontaine Rd, Unit 1324 Fontaine Road | 1324 Fontaine Rd | 2BR,1BA | $1.13 |
| The Pines | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.07 |
| Saddle Run Townhomes | Guadalupe | 2BR,1.5BA | $1.06 |
| 2204 Winterberry Dr, Unit Side A | 2204 Winterberry Dr | 2BR,1BA | $1.11 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| 1901 Apartment Homes | 2 Bedroom, 1 Bathroom | 1BR,1BA | $0.83 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $0.97 |
| 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 1045 Apartments for Rent in Fayette County, KY with pricing that ranges from $525 to $7,999. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette County ranging from $725 to $5,450.
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 $5,450 with an average monthly rent of $2,170.
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 $1,000 to $3,627, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $5,450. Four Bedroom Single-Family rentals are also available starting from $1,620 and Four Bedroom Apartments start at $739.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.