Cheap Apartments for Rent in the Ashland Neighborhood of Lexington, KY from $600 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ashland area of Lexington.

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.

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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.

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Cash 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.

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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.

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Showing Results 1-38, Page 1 of 1

Ashland, Lexington, KY Local Guide

Cheapest Available Ashland Apartments for Rent

 

The cheapest available apartment rental in the Ashland area of Lexington, KY is a 2 Beds unit found at Longwood priced from $730. VELO - Waller Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Ashland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
LongwoodJeffery2BR,2BA$730
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
CedarwoodJonahStudio,1BA$749
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
The Ascent1555Renovated StudioStudio,1BA$875
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$895
Cove Lake Village ApartmentsOne Bedroom1BR,1BA$895
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895
Double Tree Apartments2 Bedroom Traditional2BR,1BA$910
The Dawn Run Apartments2x1 SM2BR,1BA$920

Best Value Apartments for Rent in Ashland, KY

As of November 03, 2025 the best value apartment in the Ashland area is the $1.00 price per square foot 1312 Fontaine Rd Model at 1312 Fontaine Rd, Unit 1312 in the in the Montclair neighborhood starting from $2,000. The second greatest value Ashland apartment is the 3 Bedroom 2.5 Bath Model at The Pines starting at $1,500 with a $1.07 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for Ashland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1312 Fontaine Rd, Unit 13121312 Fontaine Rd2BR,2BA$1.00
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.07
Rivers at BluegrassRenovated 2 Bed / 1 Bath Deluxe2BR,1BA$1.26
Mt. Tabor Apartments2 Bed, 1.5 Bath Townhome2BR,1.5BA$1.42
The Dawn Run Apartments2x12BR,1BA$1.20
Revive 1749 - All Utilities Incl2BR/1.0BA2BR,1BA$1.31
Double Tree Apartments2 Bedroom Traditional2BR,1BA$1.11
Patchen Place Apartments1 Bedroom Townhome W/D In-Unit1BR,1BA$1.40
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$1.20
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$1.34

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Pet Friendly Lifestyle
Ashland, Lexington, KY

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Ashland Neighborhood in Lexington, KY

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ashland Apartments

What is a cheap apartment in Ashland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ashland is under $920.

What is the price of a cheap apartment in Ashland?

The cheapest apartment in Ashland is VELO - Waller Avenue which is listed at $745, while the average apartment in Ashland costs $3,345.

What types of apartments are the cheapest in Ashland?

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 49 regular apartments in Ashland 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?

Cheap apartments in Ashland have an average cost of $1,112 which is $2,233 cheaper than the average rent for all rentals in Ashland.

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.

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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! 

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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.