Cheap Apartments for Rent in the Ashland Neighborhood of Lexington, KY from $600 (34 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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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 VELO - Waller Avenue priced from $745. Eastland Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Ashland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Eastland Hills Apartments1 Bedroom1BR,1BA$850
Richwood Bend - Affordable HousingOne bedroom1BR,1BA$870
Rivers at BluegrassClassic 1 Bed / 1 Bath1BR,1BA$899
Double Tree Apartments2 Bedroom Traditional2BR,1BA$910
The Dawn Run Apartments2x1 SM2BR,1BA$920
Revive 1749 - All Utilities Incl1BR/1.0BA1BR,1BA$975
Regency Apartments at SouthlandTwo Bedroom/One Bath2BR,1BA$995
Belmont Run ApartmentsOne Bedroom1BR,1BA$995
Kampus Properties STUDENT HOUSING - 2024-'25416 Aylesford Place #62BR,1BA$998

Best Value Apartments for Rent in Ashland, KY

As of August 11, 2025 the best value apartment in the Ashland area is the $1.07 price per square foot 3 Bedroom 2.5 Bath Model at The Pines in the in the Boone Creek neighborhood starting from $1,500. The second greatest value Ashland apartment is the 2 Bed, 1.5 Bath Townhome Model at Mt. Tabor Apartments starting at $1,349 with a $1.35 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$1.07
Mt. Tabor Apartments2 Bed, 1.5 Bath Townhome2BR,1.5BA$1.35
Townhomes & Flats at FontaineClassic2BR,1.5BA$1.31
The Champions at BluegrassAmerican Pharoah2BR,2BA$1.32
Double Tree Apartments2 Bedroom Deluxe-Renovated2BR,1BA$1.18
The Dawn Run Apartments2x1 SM2BR,1BA$1.08
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.37
Patchen Place Apartments1 Bedroom Townhome1BR,1BA$1.33
Eastland Hills Apartments1 Bedroom1BR,1BA$1.14
Richwood Bend - Affordable HousingOne bedroom1BR,1BA$1.18

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Pet Friendly Lifestyle
Ashland, Lexington, KY

Ranked #6

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 $998.

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 $3,680.

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 30 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 $1,472 which is $2,208 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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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