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Studio to 4 Bedroom Apartments
Victory Point Apartments & Townhomes
141 Opportunity WayLexington, KY 40511
Cheap Apartments for Rent in Lexington, KY from $500 with Utilities Included (91 Rentals)Page 2 of 2
Apartments with Utilities Included.
Cheap Apartments in Lexington.
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Studio to 1 Bedroom Apartments
BelleFontaine Apartment Homes
2208-2216 Dinsmore DrLexington, KY 40502
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1 Bedroom Apartments
Woodland Park Apartments - UTILITIES INCLUDED
184 Old Park AveLexington, KY 40502
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2 to 3 Bedroom Apartments
Westminster Village - Affordable Housing
1510 Versailles RdLexington, KY 40504
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Rent Specials
from $9761 to 3 Bedroom Apartments Available Now
Overlook at Elkhorn Creek - INCOME RESTRICTED
201 River Chase PathGeorgetown, KY 40324
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from $1,1001 to 3 Bedroom Apartments Contact Us For Availability
Georgetown Oaks Apartments
101 Heartwood PathGeorgetown, KY 40324
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1 to 2 Bedroom Apartments
Southern Oaks Apartments - Income Restricted
174 Fairfax WayGeorgetown, KY 40324
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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 | $1,208 | $580 | $2,525 |
| Lexington 1 Bedroom Apartments | $1,323 | $595 | $4,017 |
| Lexington 2 Bedroom Apartments | $1,554 | $800 | $5,782 |
| Lexington 3 Bedroom Apartments | $1,823 | $854 | $4,044 |
| Lexington 4 Bedroom Apartments | $2,161 | $1,220 | $2,700 |
Explore Lexington
Let everyone know!
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If you’re an expert on all things Lexington, tell us what you love (and don't) by rating it and writing a review.
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Getting Around Lexington, KY
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Lexington, KY Area Reviews
Do you know the Lexington area?
Let everyone know!
Write a ReviewCatrina • 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 $805.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is MidTown Apartments which is listed at $610, while the average apartment in Lexington costs $2,609.
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 2,200 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 $1,086 which is $1,523 cheaper than the average rent for all rentals in Lexington.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.