New Apartments for Rent in Lexington, KY Under $2,000 (57 Rentals)

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Emerald Twenty Four
Rent Specials
$1,536 - $1,966
Total Monthly Price

Total Monthly Price

Base Rent
$1,536 - $1,966
Total Monthly Price
$1,536 - $1,966
Built in 20182 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 Avery
$1,474 - $2,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $2,354
Total Monthly Price
$1,474 - $2,354
Built in 20241 to 3 Bedroom Apartments Available Now

The Avery

6600 Man O War BlvdLexington, KY 40509
Pet Friendly
  • 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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Ashton Park Apartments
Rent Specials
$1,325 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,625
Total Monthly Price
$1,325 - $1,625
Built in 20181 to 2 Bedroom Apartments Available Now

Ashton Park Apartments

2700 Magnolia Springs DrLexington, KY 40511
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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The Artisan
$1,250 - $1,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,924
Total Monthly Price
$1,250 - $1,924
Built in 20211 to 3 Bedroom Apartments Available Now

The Artisan

2601 Sandersville RdLexington, KY 40511
Furnished
  • Verified
  • Customer Reviewed
  • 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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Signature
$1,035 - $1,740
Total Monthly Price

Total Monthly Price

Base Rent
$1,035 - $1,740
Total Monthly Price
$1,035 - $1,740
Built in 20241 to 4 Bedroom Apartments Available Aug 15

Signature

840 Angliana AveLexington, KY 40508
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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260 Lexington Ave
Built in 20161 to 2 Bedroom Apartments

260 Lexington Ave

260 Lexington AveLexington, KY 40508
Student Housing
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Palomar Stables
Built in 20191 to 3 Bedroom Apartments

Palomar Stables

3765 Winthrop DrLexington, KY 40514
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Garden Estates
Built in 20221 to 3 Bedroom Apartments

Garden Estates

4176 Todds RdLexington, KY 40509
Corporate Housing
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Palomar Woods
Built in 20191 to 3 Bedroom Apartments

Palomar Woods

1850 Old Higbee Mill RdLexington, KY 40514
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Hub Limestone
Built in 2020Studio to 4 Bedroom Apartments

Hub Limestone

685 S LimestoneLexington, KY 40508
Student Housing
  • Utilities Included

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers

Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

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Oakdale Apartments
Built in 20231 to 3 Bedroom Apartments

Oakdale Apartments

2445 Mulundy WayLexington, KY 40511
  • Utilities Included
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524 W Third St
Built in 20231 Bedroom Apartments

524 W Third St

524 W Third StLexington, KY 40508
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Alcove at Russell Cave
Built in 20241 to 3 Bedroom Apartments

Alcove at Russell Cave

1975 Russell Cave RdLexington, KY 40511
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Hub Lexington Upper
Built in 2019Studio to 4 Bedroom Apartments

Hub Lexington Upper

500 S Upper StLexington, KY 40508
Student Housing
  • Utilities Included
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University Flats
Built in 20172 to 4 Bedroom Apartments

University Flats

1160 University DrLexington, KY 40526
Student Housing
  • Utilities Included
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330 Newtown Apartments
Built in 20231 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
  • Utilities Included
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Arlington Lofts
Built in 2020Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
  • Utilities Included
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Hub Limestone
Built in 2020Studio to 4 Bedroom Apartments

Hub Limestone

341 S LimestoneLexington, KY 40508
Student Housing
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Trent Village Apartments
Built in 20161 to 2 Bedroom Apartments

Trent Village Apartments

1393 Trent BlvdLexington, KY 40517
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lexington, KY Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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

March 15, 2026

Lexington is a great place to live, and depending on which part of the city you choose, it can be good for students, families, private individuals, people who want to be close to shopping, etc. The sky is the limit in Lexington for foodies, and if you enjoy Bourbon, this is the place to be. Traffic is abysmal at certain times of the day (especially inside the circle) but if you can drive outside rush hours, you'll be fine.

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 New Lexington Apartments

What is the Cheapest New apartment in Lexington?

Currently the most affordable New Apartment in Lexington is at VELO Lexington listed at $745.

How much is the average rent for a New Lexington Apartment?

The average rent for a New Apartment in Lexington is $1,755.

What is the largest New Lexington Apartment for rent?

Today's New apartment with the most square footage in Lexington is a 2,246 square feet unit starting from $999 at Amerson Orchard Apartments.

What is the average size for Lexington New Apartments for rent?

The average size for a New rental in Lexington is currently at 646 sq ft.

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.

Helpful Local Expert Guides

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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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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.