
Cheap Apartments for Rent in the Ashland Park Neighborhood of Lexington, KY from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ashland Park area of Lexington.


Shorelake Apartments

Townhomes & Flats at Fontaine

208 Lakeshore Dr

2082 Fairmont Ct

Lexington Square

The Oaks at Woodland
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

209 Lakeshore Dr

260 Lexington Avenue

Total Monthly Price
326 E High St, Unit 2, Unit 2

Stonehurst Studios

Dinsmore Pointe

Central Park Apartments

BelleFontaine Apartment Homes
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Lakeview Estates

Kampus Terraces

3Fifty8

Kampus Heights

The Landing at Lex

Woodland Park Apartments - UTILITIES INCLUDED

426 E High St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Romany Road Apartments

Forest View Apartments

168 Woodland Ave

Rose Tower Apartments

Kampus Townhouses

811 Shelby Ave

246 Warnock St
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Kampus Park

271 Lexington Ave

316 Transylvania Park
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 | $734 | $669 | $800 |
| Ashland Park 1 Bedroom Apartments | $1,023 | $810 | $1,450 |
| Ashland Park 2 Bedroom Apartments | $1,272 | $1,110 | $1,700 |
| Ashland Park 3 Bedroom Apartments | $1,831 | $1,500 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 31 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 |
| Townhomes & Flats at Fontaine | Building C | Studio,1BA | $800 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1,071 |
| Lexington Square | Cypress | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Ashland Park, KY
As of May 24, 2026 the best value apartment in the Ashland Park area is the $1.67 price per square foot 326 E High St Model at 326 E High St, Unit 2 in the in the Northside Historic Residential neighborhood starting from $1,500. The second greatest value Ashland Park apartment is the Cypress Model at Lexington Square 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. |
|---|---|---|---|
| 326 E High St, Unit 2 | 326 E High St | 3BR,1BA | $1.67 |
| Lexington Square | Cypress | 1BR,1BA | $1.57 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $1.10 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1.79 |
| BelleFontaine Apartment Homes | 1-1 | 1BR,1BA | $1.60 |
| Townhomes & Flats at Fontaine | Building C | Studio ,1BA | $2.39 |
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.
Read ArticleReal 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.
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 #80
Among cities in Kentucky 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 $1,506.
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 1 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 $157 which is $1,349 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.
Helpful Local Expert Guides

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
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I'm Catrina, your ApartmentHomeLiving.

The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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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.