Cheap Apartments for Rent in the Ashland Neighborhood of Lexington, KY from $600 (36 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
Rent Specials
$975 - $1,395
Total Monthly Price

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

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

Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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Showing Results 1-36, 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 Studio unit found at The Dawn Run Apartments priced from $790. Richwood Bend - Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $883. Here are the most affordable Ashland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Dawn Run ApartmentsStudio XLStudio,1BA$790
Richwood Bend - Affordable HousingOne bedroom1BR,1BA$883
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$900
Double Tree Apartments2 Bedroom Traditional2BR,1BA$910
Lexington SquareCypress1BR,1BA$912
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$935
Patchen PlaceOne Bedroom1BR,1BA$950
The Axis at 1435StudioStudio,1BA$970
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$975
The Ascent1555Renovated StudioStudio,1BA$975

Best Value Apartments for Rent in Ashland, KY

As of July 28, 2026 the best value apartment in the Ashland area is the $0.53 price per square foot 525: 4 bed - 4.5 Bath Model at Latitude Lexington in the in the Downtown Lexington neighborhood starting from $774. The second greatest value Ashland apartment is the 3 Bedroom 2.5 Bath Model at The Pines starting at $1,650 with a $1.17 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.
Latitude Lexington525: 4 bed - 4.5 Bath4BR,4.5BA$0.53
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.17
Limestone Square/Medical Villas2 Bedroom w/ Study2BR,2BA$1.31
Double Tree Apartments2 Bedroom Deluxe-Renovated2BR,1BA$1.26
Lexington SquarePecan1BR,1BA$1.31
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$1.20
Patchen PlaceOne Bedroom1BR,1BA$1.27
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$1.31
Richwood Bend - Affordable HousingOne bedroom1BR,1BA$1.20
The Dawn Run ApartmentsStudio XLStudio ,1BA$1.32

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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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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Pet Friendly Lifestyle
Ashland, Lexington, KY

Ranked #10

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 $975.

What is the price of a cheap apartment in Ashland?

The cheapest apartment in Ashland is Richwood Bend - Affordable Housing which is listed at $883, 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 23 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 $948 which is $2,397 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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