
Cheap Apartments for Rent in the Ashland Park Neighborhood of Lexington, KY from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ashland Park area of Lexington.


Shorelake Apartments

208 Lakeshore Dr

Total Monthly Price
400 S Ashland Ave, Unit #1

147 Lakeshore Dr

Total Monthly Price
444 S Ashland Ave, Unit B-07

The Life at Lexington

The Oaks at Woodland
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.

562 Woodland Ave

904 Tates Creek Rd

260 Lexington Avenue

Total Monthly Price
176 Woodland Ave, Unit A

Stonehurst Studios

Dinsmore Pointe

Central Park Apartments

BelleFontaine Apartment Homes
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.

Lakeview Estates

Kampus Terraces

3Fifty8

Kampus Heights

The Landing at Lex

Woodland Park Apartments - UTILITIES INCLUDED

426 E High St

Romany Road Apartments
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.

Forest View Apartments

Rose Tower Apartments

168 Woodland Ave

Kampus Townhouses

244 Warnock St

Kampus Park

271 Lexington Ave

316 Transylvania Park
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Ashland Park, Lexington, KY Local Guide

How much does it cost to rent an apartment in Ashland Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ashland Park Studio Apartments | $850 | $800 | $900 |
| Ashland Park 1 Bedroom Apartments | $1,064 | $810 | $1,500 |
| Ashland Park 2 Bedroom Apartments | $1,346 | $960 | $1,750 |
| Ashland Park 3 Bedroom Apartments | $2,135 | $1,500 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Ashland Park Neighborhood of Lexington, KY.
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Ashland Park, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $745 |
| The Life at Lexington | Pecan | 1BR,1BA | $985 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1,071 |
| Townhomes & Flats at Fontaine | Standardized | 2BR,1BA | $1,295 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Ashland Park, KY
As of April 08, 2026 the best value apartment in the Ashland Park area is the $1.13 price per square foot 1324 Fontaine Rd Model at 1324 Fontaine Rd, Unit 1324 Fontaine Road in the in the Montclair neighborhood starting from $1,750. The second greatest value Ashland Park apartment is the 1BR/1.0BA Model at 260 Lexington Avenue starting at $1,450 with a $1.94 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Ashland Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1324 Fontaine Rd, Unit 1324 Fontaine Road | 1324 Fontaine Rd | 2BR,1BA | $1.13 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1.94 |
| The Life at Lexington | Cypress | 1BR,1BA | $1.57 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $1.10 |
| 444 S Ashland Ave, Unit B-07 | 444 S Ashland Ave | 1BR,1BA | $1.50 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1.79 |
| 400 S Ashland Ave, Unit #1 | 400 S Ashland Ave | Studio ,1BA | $1.80 |
| BelleFontaine Apartment Homes | 1-1 | 1BR,1BA | $1.60 |
| Townhomes & Flats at Fontaine | Building B | 1BR,1BA | $2.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleAshland Park, Lexington, KY
Ranked #90
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Ashland Park Apartments
What is the price of a cheap apartment in Ashland Park?
The cheapest apartment in Ashland Park is BelleFontaine Apartment Homes which is listed at $735, while the average apartment in Ashland Park costs $2,300.
What types of apartments are the cheapest in Ashland Park?
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 2 regular apartments in Ashland Park 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 Ashland Park?
Cheap apartments in Ashland Park have an average cost of $132 which is $2,168 cheaper than the average rent for all rentals in Ashland Park.
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.

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.

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.