Cheap Apartments for Rent in the Meadowthrope Neighborhood of Lexington, KY from $765 (39 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
$975 - $1,395

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

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Ashton Park Apartments
Rent Specials
$1,225 - $1,625

Total Monthly Price

Base Rent$1,225 - $1,625
Total Monthly Price$1,225 - $1,625
1 to 2 Bedroom Apartments Available Now

Ashton Park Apartments

2700 Magnolia Springs DrLexington, KY 40511
Corporate Housing
  • 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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Park Plaza Apartments
$1,299 - $3,695

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
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Townley Park East
1 to 2 Bedroom Apartments

Townley Park East

158 Louie PlLexington, KY 40511
  • Utilities Included
Showing Results 1-39, 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 Caballo Crossing priced from $825. The Studios at Belmont - MAJOR UTILITIES INCL has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Meadowthrope apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR, 1BA$825
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio, 1BA$895
Tates Creek VillageStudioStudio, 1BA$900
Raintree ApartmentsWillow - A11BR, 1BA$949
Flats at BeaumontNewly-Renovated Studio Apartments!Studio, 1BA$950
Flats at 2875Newly-Renovated Studio Apartments!Studio, 1BA$950
The Axis at 1435StudioStudio, 1BA$970
Prime at GardensideA11BR, 1BA$975
The Ascent1555Renovated StudioStudio, 1BA$975
Gatehouse Apartments - Most Utl Incl.1 BR1BR, 1BA$995

Best Value Apartments for Rent in Meadowthrope, KY

As of September 28, 2026 the best value apartment in the Meadowthrope area is the $1.48 price per square foot Sovereignty Model at Ashgrove Farms Townhomes in the The Meadows At Brannon Crossing neighborhood starting from $2,299. The second greatest value Meadowthrope apartment is the 143 Ferndale Pass Model at Citation Lofts in the St. Martins Village neighborhood starting at $1,950 with a $1.30 price per square foot. 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.
Ashgrove Farms TownhomesSovereignty3BR, 2.5BA$1.48
Citation Lofts143 Ferndale Pass2BR, 2BA$1.30
Shillito Park Apartments2 Bed 2 Bath2BR, 2BA$1.15
Lexington SquareJuniper2BR, 1BA$1.35
Veridian Lexington2 Bedroom 2 Bath2BR, 2BA$1.35
Lakewood Park Apartments1BR/1.0BA1BR, 1BA$1.38
Landing at Tates Creek2 Bedroom Garden (883)2BR, 1BA$1.41
Caballo Crossing1 Bedroom 1 Bath1BR, 1BA$1.10
Gatehouse Apartments - Most Utl Incl.1 BR1BR, 1BA$1.34
Canter PointeAffirmed - 1x11BR, 1BA$1.43

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 #4

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 $995.

What is the price of a cheap apartment in Meadowthrope?

The cheapest apartment in Meadowthrope is Caballo Crossing which is listed at $825, while the average apartment in Meadowthrope costs $1,508.

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 35 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 $1,079 which is $429 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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