Cheap Apartments for Rent in the Ashland Park Neighborhood of Lexington, KY from $500 (17 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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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
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Lakeview Estates
1 to 2 Bedroom Apartments

Lakeview Estates

164 Lakeshore DrLexington, KY 40502
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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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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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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

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. 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 ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
Rose Tower ApartmentsOne Bedroom1BR,1BA$950
Life at LexingtonCypress1BR,1BA$1,100
Townhomes & Flats at FontaineClassic2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes & Flats at FontaineRenovated2BR,1.5BA$1.47
Life at LexingtonCypress1BR,1BA$1.57
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$1.34
BelleFontaine Apartment Homes1-11BR,1BA$1.60
Rose Tower ApartmentsOne Bedroom1BR,1BA$2.11

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Pet Friendly Lifestyle
Ashland Park, Lexington, KY

Ranked #67

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.