
Cheap 2 Bedroom Apartments for Rent in Lexington, KY from $805 (95 Rentals) Page 2 of 2


Cross Keys & Woodridge Apartments

Stableview

The Alex - ALL UTILITIES INCL.

Trent Village Apartments

Squire Lake Townhomes

4044 Expo Ct, Lexington, KY, 40515-4682

Victory Point Apartments & Townhomes

Parkway Manor
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.

Wood Edge Villas

The Village at Richmond Woods

Lakeside Manor Apartments -Affordable Housing

Westminster Village - Affordable Housing

Park Hills Apartments

Lakeview Estates

Stone Bridge Apartments

Preakness Apartments

Hartford Place
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Park Vista

Whitney Woods

Cambridge Park

Forest Creek Apartments

Fox Run Apartments

Privada Homes - NEW MGMT!

Ashland Apartments - NEW Renovations

Hamburg Senior Residence

Medical View Properties
The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent
Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.

330 Newtown Apartments

Woodland Park Apartments - UTILITIES INCLUDED

Derby Pointe

University Flats

Prime Apartments

Heritage Hills

Oakdale Apartments

Lexington Villas

Prime at Gardenside
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Longwood

Total Monthly Price
Southern Oaks Apartments - Income Restricted

Overlook at Elkhorn Creek

367 Colby Ridge Blvd

Colts Crossing

Springview Apartments

Chatham Townhomes

Crown Pointe - NEWLY Renovated!

Elk River
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,139 | $625 | $2,419 |
| Lexington 1 Bedroom Apartments | $1,517 | $600 | $10,000+ |
| Lexington 2 Bedroom Apartments | $1,556 | $805 | $7,999 |
| Lexington 3 Bedroom Apartments | $1,899 | $854 | $3,693 |
| Lexington 4 Bedroom Apartments | $1,417 | $739 | $2,900 |
Explore Lexington
Lexington, KY Area Reviews
Catrina • 4+ years in Lexington
March 15, 2026Lexington 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.
Catrina • 4+ years in Lexington
February 25, 2025Lexington 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 $800.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is Twenty Two Twenty which is listed at $805, while the average apartment in Lexington costs $2,499.
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 1,409 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 $579 which is $1,920 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.
Helpful Local Expert Guides

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.