
Cheap Apartments for Rent in the Ashland Park Neighborhood of Lexington, KY from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ashland Park area of Lexington.


Townhomes & Flats at Fontaine

Shorelake Apartments

Kampus Properties STUDENT HOUSING - 2024-'25

238 Rose St

BelleFontaine Apartment Homes

Woodland Park Apartments - UTILITIES INCLUDED
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 | $813 | $775 | $890 |
| Ashland Park 1 Bedroom Apartments | $978 | $745 | $1,400 |
| Ashland Park 2 Bedroom Apartments | $1,193 | $840 | $1,750 |
| Ashland Park 3 Bedroom Apartments | $1,575 | $1,425 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Ashland Park Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
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. Shorelake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. 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 |
| Shorelake Apartments | Medium 1 Bedroom | 1BR,1BA | $860 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| Life at Lexington | Cypress | 1BR,1BA | $1,100 |
| Townhomes & Flats at Fontaine | Classic | 2BR,1BA | $1,245 |
Best Value Apartments for Rent in Ashland Park, KY
As of November 13, 2025 the best value apartment in the Ashland Park area is the $1.47 price per square foot Renovated Model at Townhomes & Flats at Fontaine in the in the Boone Creek neighborhood starting from $1,395. The second greatest value Ashland Park apartment is the Cypress Model at 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes & Flats at Fontaine | Renovated | 2BR,1.5BA | $1.47 |
| Life at Lexington | Cypress | 1BR,1BA | $1.57 |
| Shorelake Apartments | Medium 1 Bedroom | 1BR,1BA | $1.34 |
| BelleFontaine Apartment Homes | 1-1 | 1BR,1BA | $1.60 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleAshland Park, Lexington, KY
Ranked #67
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $1,500.
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 3 regular apartments in Ashland Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.









