Cheap Apartments for Rent in the South Broadway Park Neighborhood of Lexington, KY from $635 (24 Rentals)

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

property at 1081 S Broadway
$1,500 - $1,800
3 Bedroom Rentals
Available Now
Affordability

1081 S Broadway

LexingtonKY40504
property at 205 Simpson Ave
$1,579

Total Monthly Price

Base Rent$1,579

Total Monthly Price$1,579
3 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

205 Simpson Ave, Unit 212

205 Simpson Ave
LexingtonKY40504

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 261 Simpson Ave
$1,700

Total Monthly Price

Base Rent$1,700

Total Monthly Price$1,700
3 Bedroom, 2 Bath Condo for Rent
Available Now

261 Simpson Ave, Unit 226

261 Simpson Ave
LexingtonKY40504
  • Smoke Free
property at 200 Transcript Ave
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
3 Bedroom, 1.5 Bath Home for Rent
Available Aug 1, 2027

200 Transcript Ave

LexingtonKY40508
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1356 Royalty Ct
1 to 2 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
  • Utilities Included
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
  • Utilities Included
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1340 Royalty Court
1 Bedroom Apartments

1340 Royalty Court

1340 Royalty CtLexington, KY 40504
  • Smoke Free
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1352 Royalty Court
1 to 2 Bedroom Apartments

1352 Royalty Court

1352 Royalty CtLexington, KY 40504
  • Smoke Free

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1344 Royalty Court
1 to 2 Bedroom Apartments

1344 Royalty Court

1344 Royalty CtLexington, KY 40504
  • Smoke Free
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Medical Villas
1 Bedroom Apartments

Medical Villas

180 Leader AveLexington, KY 40508
Student Housing
  • Utilities Included
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Red Mile Square Townhomes
4 to 5 Bedroom Apartments

Red Mile Square Townhomes

1125 Unity DrLexington, KY 40504
Student Housing
  • Utilities Included

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.

South Broadway Park, Lexington, KY Local Guide

Cheapest Available South Broadway Park Apartments for Rent

 

The cheapest available apartment rental in the South Broadway Park area of Lexington, KY is a Studio unit found at The Studios at Belmont - MAJOR UTILITIES INCL priced from $895. The Axis at 1435 has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here are the most affordable South Broadway Park apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio, 1BA$895
The Axis at 1435StudioStudio, 1BA$970
Belmont Run ApartmentsOne Bedroom1BR, 1BA$1,125
MidTown ApartmentsEuclid2BR, 2BA$1,790

Best Value Apartments for Rent in South Broadway Park, KY

As of September 28, 2026 the best value apartment in the South Broadway Park area is the $2.10 price per square foot Euclid Model at MidTown Apartments in the Montclair neighborhood starting from $1,790. The second greatest value South Broadway Park apartment is the One Bedroom Model at Belmont Run Apartments in the Stonewall Community neighborhood starting at $1,125 with a $1.63 price per square foot. Here is today’s list of the best values for South Broadway Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsEuclid2BR, 2BA$2.10
Belmont Run ApartmentsOne Bedroom1BR, 1BA$1.63
The Axis at 1435Studio CourtyardStudio, 1BA$2.58
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio, 1BA$2.84

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
South Broadway Park, Lexington, KY

Ranked #57

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap South Broadway Park Apartments

What is a cheap apartment in South Broadway Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Broadway Park is under $1,790.

What is the price of a cheap apartment in South Broadway Park?

The cheapest apartment in South Broadway Park is The Axis at 1435 which is listed at $1,095, while the average apartment in South Broadway Park costs $1,212.

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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