
Cheap Apartments for Rent in Lexington, KY from $500 (251 Rentals) Page 4 of 6
Search the lowest-cost Apartments available for rent right now in Lexington.


Hillrise Place

Trent Village Apartments

Walton Place Apartments

Wood Edge Villas

Hartford Place

Central Park Apartments

Victory Point Apartments & Townhomes

BelleFontaine Apartment Homes

2173 Cypress Dr

Malabu Bridge Condos

The Alex - ALL UTILITIES INCL.

Lakeview Estates

Imperial Studio Apartments

Kampus Terraces

1356 Royalty Ct

3Fifty8

Kampus Heights

The Landing at Lex

1592 Alexandria Dr

Preakness Apartments

Ironwood Apartment Homes

Oxford Circle

St Martin Villa

Westminster Village - Affordable Housing

Woodland Park Apartments - UTILITIES INCLUDED

426 E High St

Heritage Hills

Medical View Properties

Covington Place

Stableview

Bluegrass Commons

Parkway Manor

Derby Pointe

Matthews House Apartments

Creekside North Apartments

Crescent at Shadeland Apartments

Squire Lake Townhomes

Park Vista

Arlington Lofts

Privada Homes - NEW MGMT!

Romany Road Apartments

Hamburg Senior Residence

The Village at Richmond Woods

Cambridge Park

Lakeside Manor Apartments -Affordable Housing

Valore at the Baxter

Forest Creek Apartments

330 Newtown Apartments

Forest View Apartments
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lexington Studio Apartments | $1,080 | $625 | $1,745 |
| Cheap Lexington 1 Bedroom Apartments | $1,237 | $610 | $3,199 |
| Cheap Lexington 2 Bedroom Apartments | $1,513 | $820 | $5,699 |
| Cheap Lexington 3 Bedroom Apartments | $1,911 | $854 | $3,754 |
| Cheap Lexington 4 Bedroom Apartments | $1,513 | $739 | $3,600 |
Browse Top Apartments in Lexington
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Lexington, KY Area Reviews
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 the Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at BelleFontaine Apartment Homes listed at $685.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $620 at 1901 Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Lexington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lexington is starting from $730 at Longwood.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Twenty Two Twenty and starts from $1,000.
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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.