Cheap 2 Bedroom Apartments for Rent in Lexington, KY from $820 (101 Rentals) Page 2 of 3

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The Paddock Apartments
$1,195 - $1,265
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$1,125 - $1,265

Total Monthly Price
$1,125 - $1,265
2 Bedroom Apartments Contact Us For Availability

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
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Stableview
2 Bedroom Apartments

Stableview

1050 Horsemans LnLexington, KY 40504
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Trent Village Apartments
2 Bedroom Apartments

Trent Village Apartments

1393 Trent BlvdLexington, KY 40517
Senior Living
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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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The Landing at Lex
2 Bedroom Apartments

The Landing at Lex

2066-2082 Fairmont CtLexington, KY 40502
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Parkway Manor
2 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
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Wood Edge Villas
2 Bedroom Apartments

Wood Edge Villas

2781 Jacquelyn LnLexington, KY 40511
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Lakeview Estates
2 Bedroom Apartments

Lakeview Estates

164 Lakeshore DrLexington, KY 40502
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Hartford Place
2 Bedroom Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
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Park Vista
2 Bedroom Apartments

Park Vista

1270 Village DrLexington, KY 40504
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Whitney Woods
2 Bedroom Apartments

Whitney Woods

700 Whitney Woods PlLexington, KY 40504
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Cambridge Park
2 Bedroom Apartments

Cambridge Park

2045 Cambridge DrLexington, KY 40504
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Hamburg Senior Residence
2 Bedroom Apartments

Hamburg Senior Residence

1601 Villa Medici PassLexington, KY 40509
Senior Living
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Medical View Properties
2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
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Fox Run Apartments
2 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
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Lexington Villas
2 Bedroom Apartments

Lexington Villas

200 Alsab CtLexington, KY 40509
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Derby Pointe
2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
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University Flats
2 Bedroom Apartments

University Flats

1160 University DrLexington, KY 40526
Student Housing
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Prime Apartments
2 Bedroom Apartments

Prime Apartments

3501 Pimlico PkyLexington, KY 40517
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Heritage Hills
2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
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Oakdale Apartments
2 Bedroom Apartments

Oakdale Apartments

2445 Mulundy WayLexington, KY 40511
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Chatham Townhomes
2 Bedroom Apartments

Chatham Townhomes

135 Frontier WayWinchester, KY 40391
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Elk River
2 Bedroom Apartments

Elk River

101 Rykara PathGeorgetown, KY 40324
Senior Living

Lexington, KY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Catrina4+ years in Lexington

March 15, 2026

Lexington is a great place to live, and depending on which part of the city you choose, it can be good for students, families, private individuals, people who want to be close to shopping, etc. The sky is the limit in Lexington for foodies, and if you enjoy Bourbon, this is the place to be. Traffic is abysmal at certain times of the day (especially inside the circle) but if you can drive outside rush hours, you'll be fine.

Catrina4+ years in Lexington

February 25, 2025

Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.

Frequently Asked Questions about Cheap Lexington Apartments

What is a cheap apartment in Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington is under $750.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is Longwood which is listed at $730, while the average apartment in Lexington costs $2,646.

What types of apartments are the cheapest in Lexington?

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 1,733 regular apartments in Lexington 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 Lexington?

Cheap apartments in Lexington have an average cost of $652 which is $1,994 cheaper than the average rent for all rentals in Lexington.

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

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.