Cheap 2 Bedroom Apartments for Rent in Lexington, KY from $895 (91 Rentals) Page 2 of 2

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Stableview
2 Bedroom Apartments

Stableview

1050 Horsemans LnLexington, KY 40504
  • Utilities Included
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Trent Village Apartments
2 Bedroom Apartments

Trent Village Apartments

1393 Trent BlvdLexington, KY 40517
Senior Living
  • Utilities Included
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The Landing at Lex
2 Bedroom Apartments

The Landing at Lex

2066-2082 Fairmont CtLexington, KY 40502

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.

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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
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Fox Run Apartments
2 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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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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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Heritage Hills
2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505

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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Oakdale Apartments
2 Bedroom Apartments

Oakdale Apartments

2445 Mulundy WayLexington, KY 40511
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Longwood
2 Bedroom Apartments

Longwood

710 Eureka Springs DrLexington, KY 40517
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Chatham Townhomes
2 Bedroom Apartments

Chatham Townhomes

135 Frontier WayWinchester, KY 40391

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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Elk River
2 Bedroom Apartments

Elk River

101 Rykara PathGeorgetown, KY 40324
Senior Living

Lexington, KY Area Reviews

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  • 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 $825.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is The Landing at Lex which is listed at $840, while the average apartment in Lexington costs $1,366.

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 1,193 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 $714 which is $652 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

decorative image for Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers article

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.

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

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

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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.

Articles, How-To's, and Tips

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.