
Cheap Apartments for Rent in the Ashland Park Neighborhood of Lexington, KY from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ashland Park area of Lexington.


The Landing at Lex

The Townhomes and Flats at Fontaine

Shorelake Apartments

Kampus Properties STUDENT HOUSING - 2024-'25

Rose Tower Apartments
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.

BelleFontaine Apartment Homes
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.

Woodland Park Apartments - UTILITIES INCLUDED
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.
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 | $798 | $775 | $850 |
Ashland Park 1 Bedroom Apartments | $905 | $729 | $1,125 |
Ashland Park 2 Bedroom Apartments | $1,528 | $1,095 | $1,900 |
Ashland Park 3 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 18 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
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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 |
Shorelake Apartments | Medium 1 Bedroom | 1BR,1BA | $845 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Ashland Park, KY
As of June 27, 2025 the best value apartment in the Ashland Park area is the $1.10 price per square foot Land1.1 Model at The Landing at Lex in the in the Boone Creek neighborhood starting from $745. The second greatest value Ashland Park apartment is the Medium 1 Bedroom Model at Shorelake Apartments starting at $845 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Landing at Lex | Land1.1 | 1BR,1BA | $1.10 |
Shorelake Apartments | Medium 1 Bedroom | 1BR,1BA | $1.32 |
BelleFontaine Apartment Homes | 1-1 | 1BR,1BA | $1.60 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
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.
Pet Friendly LifestyleAshland Park, Lexington, KY
Ranked #55
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 $2,100.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.