Cheap Homes for Rent in the South Broadway Park Neighborhood of Lexington, KY from $1,175 (8 Rentals)

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

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 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
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

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

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South Broadway Park, Lexington, KY Local Guide

Best Value Homes for Rent in South Broadway Park, KY

As of September 28, 2026 the best value rental home in the South Broadway Park area is the $1.50 price per square foot 205 Simpson Ave Model at 205 Simpson Ave, Unit 212 in the Montclair neighborhood starting from $1,579. The second greatest value South Broadway Park rental home is the 261 Simpson Ave Model at 261 Simpson Ave, Unit 226 in the Downtown Lexington neighborhood starting at $1,700 with a $1.66 price per square foot. Here is today’s list of the best values for South Broadway Park homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
205 Simpson Ave, Unit 212205 Simpson Ave3BR, 2BA$1.50
261 Simpson Ave, Unit 226261 Simpson Ave3BR, 2BA$1.66

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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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 South Broadway Park

What type of rentals are currently available in South Broadway Park?

There are currently 79 Apartments for Rent in South Broadway Park, KY with pricing that ranges from $745 to $3,350. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Broadway Park ranging from $1,175 to $6,000.

What is the current price range for Rental Homes in South Broadway Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Broadway Park ranges from $1,175 to $6,000 with an average monthly rent of $2,058.

How much are larger Three and Four Bedroom Rentals in South Broadway Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Broadway Park range from $1,422 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,450.

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.

Helpful Local Expert Guides

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Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington

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Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

Articles, How-To's, and Tips

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.