
Low Income Apartments for Rent in Lexington, KY Under $1,200 (17 Rentals)


Polo Club Park - Senior/Affordable Housing
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Kearney Ridge - Affordable Housing

Senior Housing 55+ - Christian Towers II

Preserve Lexington

Alcove at Russell

Gleneagles Apartments

The Oasis at Kearney Creek - Senior 55+

Meadowthorpe Landing - Senior Housing
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.

Richwood Bend - Affordable Housing

Davis Park Station - NOW Leasing!

Parkside Apts - Coming Soon!
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.

Ferrill Square Apartments - 55+ Community

Rose Tower Apartments

Mount Tabor Townhouses

Rosetown Apartments

Overlook at Elkhorn Creek - INCOME RESTRICTED
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 | $1,261 | $625 | $2,497 |
Lexington 1 Bedroom Apartments | $1,316 | $715 | $4,017 |
Lexington 2 Bedroom Apartments | $1,562 | $800 | $5,682 |
Lexington 3 Bedroom Apartments | $1,816 | $854 | $4,076 |
Lexington 4 Bedroom Apartments | $2,161 | $1,220 | $2,700 |
Explore Lexington

Lexington, KY Local Guide
- Lexington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
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.
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
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 Low Income Lexington Apartments
What is the Cheapest Low Income apartment in Lexington?
Currently the most affordable Low Income Apartment in Lexington is at Parkside Apts - Coming Soon! listed at $720.
How much is the average rent for a Low Income Lexington Apartment?
The average rent for a Low Income Apartment in Lexington is $1,163.
What is the largest Low Income Lexington Apartment for rent?
Today's Low Income apartment with the most square footage in Lexington is a 1,199 square feet unit starting from $979 at Preserve Lexington.
What is the average size for Lexington Low Income Apartments for rent?
The average size for a Low Income rental in Lexington is currently at 588 sq ft.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.