Cheap Apartments for Rent in Lexington, KY from $500 (248 Rentals) Page 3 of 5

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Search the lowest-cost Apartments available for rent right now in Lexington.

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Landing at Tates Creek
Rent Specials
$1,095 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$210 - $410
Required Monthly Fees
$885
Total Monthly Price
$1,095 - $1,295
1 to 2 Bedroom Apartments Available Mar 6

Landing at Tates Creek

3565 Tates Creek RdLexington, KY 40517
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
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Preserve Lexington
Rent Specials
$1,098 - $3,382
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $3,369
Required Monthly Fees
$13
Total Monthly Price
$1,098 - $3,382
1 to 3 Bedroom Apartments Available Now

Preserve Lexington

845 Red Mile RdLexington, KY 40504
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Low Income
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The Paddock Apartments
$1,125 - $1,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,265
Total Monthly Price
$1,125 - $1,265
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Springs At Hamburg
Rent Specials
$1,137 - $2,842
Total Monthly Price

Total Monthly Price

Base Rent
$1,001 - $2,706
Required Monthly Fees
$136
Total Monthly Price
$1,137 - $2,842
Studio to 3 Bedroom Apartments Available Now

Springs At Hamburg

2151 Meeting StLexington, KY 40509
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Emerald Twenty Four
Rent Specials
$1,154 - $1,909
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $1,909
Total Monthly Price
$1,154 - $1,909
Studio to 3 Bedroom Apartments Available Now

Emerald Twenty Four

1024 Greendale RdLexington, KY 40511
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Artisan
$1,214 - $1,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $1,868
Total Monthly Price
$1,214 - $1,868
1 to 3 Bedroom Apartments Available Mar 7

The Artisan

2601 Sandersville RdLexington, KY 40511
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Village at Great Acres
$1,285 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $2,195
Total Monthly Price
$1,285 - $2,195
1 to 3 Bedroom Apartments Available Now

The Village at Great Acres

2751 Ruby River DrLexington, KY 40511
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Idle Hour Villas
1 Bedroom Apartments

Idle Hour Villas

2129-2213 Coburn BlvdLexington, KY 40502
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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included
Showing Results 101-150, Page 3 of 5

Lexington, KY Area Reviews

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  • Cost of Living
  • Safety

Catrina • 4+ 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 $760.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is 1901 Apartment Homes which is listed at $620, while the average apartment in Lexington costs $2,696.

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 2,166 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 $696 which is $2,000 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.