Cheap Studio Apartments for Rent in Lexington, KY from $525 (42 Rentals)

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Cedarwood
$749
Total Monthly Price

Total Monthly Price

Base Rent
$704 - $1,154
Required Monthly Fees
$45
Total Monthly Price
$749 - $1,199
Studio Apartments Available Now

Cedarwood

180 Codell DrLexington, KY 40509
Senior Living
  • Verified
  • Utilities Included
  • 3D Tour

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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The Ascent1555
Rent Specials
$925 - $945
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,345
Total Monthly Price
$925 - $1,345
Studio Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Axis at 1435
$970 - $1,020
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $985
Required Monthly Fees
$140
Total Monthly Price
$970 - $1,125
Studio Apartments Available Jun 1

The Axis at 1435

1435 Nicholasville RdLexington, KY 40503
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Creeks on Kirklevington
$976 - $1,171
Total Monthly Price

Total Monthly Price

Base Rent
$938 - $1,871
Required Monthly Fees
$21
Total Monthly Price
$959 - $1,892
Studio Apartments Available Feb 18

Creeks on Kirklevington

3050 Kirklevington DrLexington, KY 40517
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Emerald Twenty Four
Rent Specials
$1,154
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $1,909
Total Monthly Price
$1,154 - $1,909
Studio Apartments Available Mar 30

Emerald Twenty Four

1024 Greendale RdLexington, KY 40511
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Springs At Hamburg
Rent Specials
$1,174 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,038 - $2,609
Required Monthly Fees
$136
Total Monthly Price
$1,174 - $2,745
Studio Apartments Available Now

Springs At Hamburg

2151 Meeting StLexington, KY 40509
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included
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Hillrise Place
Studio Apartments

Hillrise Place

709 Hill Rise CtLexington, KY 40504
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Hartford Place
Studio Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
  • Utilities Included
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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing

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.

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3Fifty8
Studio Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
  • Utilities Included
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508
Student Housing
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Bluegrass Commons
Studio Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included
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Arlington Lofts
Studio Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
  • Utilities Included
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620 N Limestone
Studio Apartments

620 N Limestone

620 N LimestoneLexington, KY 40508
Corporate Housing
  • Utilities Included

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.

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Showing Results 1-42, Page 1 of 1

Lexington, KY Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lexington, KY Rentals by Map

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See the most popular apartments and homes in Lexington, KY

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Lexington, KY Area Reviews

  • Parks
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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 $800.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is BelleFontaine Apartment Homes which is listed at $685, while the average apartment in Lexington costs $2,666.

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 1,908 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 $691 which is $1,975 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.

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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.

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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.

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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.