Cheap Apartments for Rent in the Andover Hills Neighborhood of Lexington, KY from $700 (20 Rentals)

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

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.

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Andover Hills, Lexington, KY Local Guide

Cheapest Available Andover Hills Apartments for Rent

 

The cheapest available apartment rental in the Andover Hills area of Lexington, KY is a 2 Beds unit found at Longwood priced from $730. Cedarwood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Andover Hills apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
LongwoodJeffery2BR,2BA$730
CedarwoodJonahStudio,1BA$749
Raintree ApartmentsWillow - A11BR,1BA$971
Patchen Place Apartments1 Bedroom Townhome1BR,1BA$999
The Studios at Patchen - FREE UtilitiesStudioStudio,1BA$1,025

Best Value Apartments for Rent in Andover Hills, KY

As of December 28, 2025 the best value apartment in the Andover Hills area is the $1.11 price per square foot B4 Stanton - 2 Bedroom, 3 Bathroom Model at Hamburg Farms in the in the Liberty Area neighborhood starting from $1,831. The second greatest value Andover Hills apartment is the Three Bedroom Model at Garden Estates starting at $1,999 with a $1.37 price per square foot in the Athens Historic District neighborhood. Here is today’s list of the best values for Andover Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hamburg FarmsB4 Stanton - 2 Bedroom, 3 Bathroom2BR,3BA$1.11
Garden EstatesThree Bedroom3BR,2BA$1.37
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.07
Richwood Bend - Affordable HousingThree Bedroom3BR,2BA$1.09
The Resort At Lake CrossingTranquility2BR,2BA$1.28
GleneaglesTwo Bedroom2BR,2BA$1.30
The Champion at Bluegrass ApartmentsAmerican Pharoah2BR,2BA$1.17
Brighton 30501.21BR,1BA$1.49
Patchen Place Apartments1 Bedroom Townhome W/D In-Unit1BR,1BA$1.40
Stoney Brooke ApartmentsAshland - Renovated1BR,1BA$1.47

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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
Andover Hills, Lexington, KY

Ranked #17

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 Andover Hills Apartments

What is a cheap apartment in Andover Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Andover Hills is under $1,063.

What is the price of a cheap apartment in Andover Hills?

The cheapest apartment in Andover Hills is Cedarwood which is listed at $899, while the average apartment in Andover Hills costs $1,859.

What types of apartments are the cheapest in Andover Hills?

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 5 regular apartments in Andover Hills 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 Andover Hills?

Cheap apartments in Andover Hills have an average cost of $112 which is $1,747 cheaper than the average rent for all rentals in Andover Hills.

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

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

Written by: Catrina Cowart

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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.