Cheap Apartments for Rent in the Ashland Neighborhood of Lexington, KY from $625 (37 Rentals)

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

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The Ascent1555
$975 - $1,395

Total Monthly Price

Base Rent$975 - $1,395
Total Monthly Price$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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Park Plaza Apartments
$1,299 - $3,695

Total Monthly Price

Base Rent$1,299 - $3,695
Total Monthly Price$1,299 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
Showing Results 1-37, 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 1 Bed unit found at Prime Hamburg Apartments priced from $850. Double Tree Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Ashland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Prime Hamburg Apartments1BR - 1BTH1BR,1BA$850
Double Tree ApartmentsStudioStudio,1BA$875
Raintree ApartmentsWillow - A11BR,1BA$877
Richwood Bend - Affordable HousingOne bedroom1BR,1BA$883
330 Newtown ApartmentsA41BR,1BA$883
VELO LexingtonFULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST...1BR,1BA$895
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$900
The Dawn Run Apartments2x1 SM2BR,1BA$920
The Champion at Bluegrass ApartmentsSeattle Slew1BR,1BA$940

Best Value Apartments for Rent in Ashland, KY

As of September 13, 2026 the best value apartment in the Ashland area is the $1.17 price per square foot 3 Bedroom 2.5 Bath Model at The Pines in the in the Boone Creek neighborhood starting from $1,650. The second greatest value Ashland apartment is the Nyquist Model at The Champion at Bluegrass Apartments starting at $1,467 with a $1.36 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.
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.17
The Champion at Bluegrass ApartmentsNyquist3BR,2BA$1.36
Limestone Square/Medical Villas2 Bedroom w/ Study2BR,2BA$1.31
Latitude Lexington525: 2 Bed - 2 Bath2BR,2BA$1.07
The Dawn Run Apartments2x1 SM2BR,1BA$1.08
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$1.20
Patchen PlaceOne Bedroom Townhouse1BR,1BA$1.27
Prime Hamburg ApartmentsElite 1BR - 1BTH1BR,1BA$1.31
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$1.34
Richwood Bend - Affordable HousingOne bedroom1BR,1BA$1.20

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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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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 $940.

What is the price of a cheap apartment in Ashland?

The cheapest apartment in Ashland is Prime Hamburg Apartments which is listed at $850, while the average apartment in Ashland costs $1,211.

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 159 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 $1,166 which is $45 cheaper than the average rent for all rentals in Ashland.

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

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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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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