Cheap Apartments for Rent in the Meadowthrope Neighborhood of Lexington, KY from $700 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Meadowthrope area of Lexington.

Rent According to Income: A Look at Income-Restricted Rentals

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The Ascent1555
Rent Specials
$975 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,395
Total Monthly Price
$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Park Plaza Apartments
$1,299 - $3,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,695
Total Monthly Price
$1,299 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Townley Park East
1 to 2 Bedroom Apartments

Townley Park East

158 Louie PlLexington, KY 40511
  • Utilities Included
Showing Results 1-37, Page 1 of 1

Meadowthrope, Lexington, KY Local Guide

Cheapest Available Meadowthrope Apartments for Rent

 

The cheapest available apartment rental in the Meadowthrope area of Lexington, KY is a 1 Bed unit found at Meadowthorpe Landing - Senior Housing priced from $770. Caballo Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Meadowthrope apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Meadowthorpe Landing - Senior HousingOne Bedroom1BR,1BA$770
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$900
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$935
Flats at 2875Newly-Renovated Studio Apartments!Studio,1BA$950
Flats at BeaumontNewly-Renovated Studio Apartments!Studio,1BA$950
The Axis at 1435StudioStudio,1BA$970
The Ascent1555Renovated StudioStudio,1BA$975
Raintree ApartmentsWillow - A11BR,1BA$976
The Studios at Patchen - FREE UtilitiesStudioStudio,1BA$1,025
Cove Lake Village ApartmentsRenovated One Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Meadowthrope, KY

As of August 14, 2026 the best value apartment in the Meadowthrope area is the $1.30 price per square foot 121 Ferndale Pass Model at Citation Lofts in the in the St. Martins Village neighborhood starting from $1,950. The second greatest value Meadowthrope apartment is the Enfield Model at MAA Pinnacle starting at $1,713 with a $1.35 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Meadowthrope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Citation Lofts121 Ferndale Pass2BR,2BA$1.30
MAA PinnacleEnfield2BR,2BA$1.35
Shillito Park Apartments2 Bed 2 Bath2BR,2BA$1.15
Barrel Oaks ApartmentsStretch Out and Settle In To This 3 Bedroom, 2 ...3BR,2BA$1.31
Veridian Lexington2 Bedroom 2 Bath2BR,2BA$1.35
The Pops2 Bedroom 1 Bathroom2BR,1BA$1.49
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$1.00
Cove Lake Village ApartmentsRenovated One Bedroom1BR,1BA$1.46
Meadowthorpe Landing - Senior HousingOne Bedroom1BR,1BA$1.17
Kampus Properties STUDENT HOUSINGSTUDENT ONLY STUDIOStudio ,1BA$1.50

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Meadowthrope, Lexington, KY

Ranked #3

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Meadowthrope Apartments

What is a cheap apartment in Meadowthrope?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meadowthrope is under $1,095.

What is the price of a cheap apartment in Meadowthrope?

The cheapest apartment in Meadowthrope is Meadowthorpe Landing - Senior Housing which is listed at $770, while the average apartment in Meadowthrope costs $1,525.

What types of apartments are the cheapest in Meadowthrope?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Meadowthrope that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Meadowthrope?

Cheap apartments in Meadowthrope have an average cost of $1,563 which is $0 cheaper than the average rent for all rentals in Meadowthrope.

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.

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