Cheap Apartments for Rent in the Ashland Park Neighborhood of Lexington, KY from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ashland Park area of Lexington.

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Townhomes & Flats at Fontaine
$800 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$261 - $956
Required Monthly Fees
$539

Total Monthly Price
$800 - $1,495
Studio to 2 Bedroom Apartments Available Mar 6

Townhomes & Flats at Fontaine

2160 Fontaine RdLexington, KY 40502
Pet Friendly
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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included
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Dinsmore Pointe
1 Bedroom Apartments

Dinsmore Pointe

2248-2256 Dinsmore DrLexington, KY 40502
  • Utilities Included
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Lakeview Estates
1 to 2 Bedroom Apartments

Lakeview Estates

164 Lakeshore DrLexington, KY 40502
  • Utilities Included
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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing

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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3Fifty8
Studio to 1 Bedroom 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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The Landing at Lex
1 to 2 Bedroom Apartments

The Landing at Lex

2066-2082 Fairmont CtLexington, KY 40502
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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
Student Housing
  • Utilities Included
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Forest View Apartments
1 to 2 Bedroom Apartments

Forest View Apartments

2035 Altamont CtLexington, KY 40502
  • Utilities Included

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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.

Ashland Park, Lexington, KY Local Guide

Cheapest Available Ashland Park Apartments for Rent

 

The cheapest available apartment rental in the Ashland Park area of Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes priced from $685. The Landing at Lex has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Ashland Park apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
The Landing at LexLand1.11BR,1BA$745
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
Rose Tower ApartmentsOne Bedroom1BR,1BA$950
The Life at LexingtonCypress1BR,1BA$1,100

Best Value Apartments for Rent in Ashland Park, KY

As of February 21, 2026 the best value apartment in the Ashland Park area is the $1.94 price per square foot 1BR/1.0BA Model at 260 Lexington Avenue in the in the Northside Historic Residential neighborhood starting from $1,450. The second greatest value Ashland Park apartment is the Cypress Model at The Life at Lexington starting at $1,100 with a $1.57 price per square foot in the Lansdowne neighborhood. Here is today’s list of the best values for Ashland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
260 Lexington Avenue1BR/1.0BA1BR,1BA$1.94
The Life at LexingtonCypress1BR,1BA$1.57
The Landing at LexLand1.11BR,1BA$1.10
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$1.34
BelleFontaine Apartment Homes1-11BR,1BA$1.60
Rose Tower ApartmentsOne Bedroom1BR,1BA$2.11

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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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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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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Pet Friendly Lifestyle
Ashland Park, Lexington, KY

Ranked #57

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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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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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.