Cheap Apartments for Rent in the Boone Creek Neighborhood of Lexington, KY from $500 (29 Rentals)

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

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Dinsmore Pointe
1 Bedroom Apartments

Dinsmore Pointe

2248-2256 Dinsmore DrLexington, KY 40502
  • Utilities Included
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The Landing at Lex
1 to 2 Bedroom Apartments

The Landing at Lex

2066-2082 Fairmont CtLexington, KY 40502
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Covington Place
2 to 3 Bedroom Apartments

Covington Place

2400 Woodhill DrLexington, KY 40509
  • Utilities Included
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Lexington Villas
1 to 3 Bedroom Apartments

Lexington Villas

200 Alsab CtLexington, KY 40509

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Boone Creek, Lexington, KY Local Guide

Cheapest Available Boone Creek Apartments for Rent

 

The cheapest available apartment rental in the Boone Creek area of Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes priced from $685. Longwood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. Here are the most affordable Boone Creek apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
LongwoodJeffery2BR,2BA$730
The Landing at LexLand1.11BR,1BA$745
CedarwoodJonahStudio,1BA$749
Raintree ApartmentsWillow - A11BR,1BA$875
Brandywine1 Bed1BR,1BA$915
MAA VillageHarrison1BR,1BA$998
Patchen Place Apartments1 Bedroom Townhome1BR,1BA$999
MAA LakepointeHighview1BR,1BA$1,008
The Studios at Patchen - FREE UtilitiesStudioStudio,1BA$1,025

Best Value Apartments for Rent in Boone Creek, KY

As of February 05, 2026 the best value apartment in the Boone Creek 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 Boone Creek apartment is the 3BR/2.0BA Model at Lakewood Park Apartments starting at $1,749 with a $1.25 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for Boone Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.07
Lakewood Park Apartments3BR/2.0BA3BR,2BA$1.25
Richwood Bend - Affordable HousingThree Bedroom3BR,2BA$1.11
Hideaway2 Bedroom 1.5 Bathroom2BR,1.5BA$1.22
The Resort At Lake CrossingTranquility2BR,2BA$1.30
Squire Mill Town Homes2 Bedroom Townhomes2BR,2BA$1.37
Brandywine2 Bed Large2BR,2BA$1.25
The Champion at Bluegrass ApartmentsAmerican Pharoah2BR,2BA$1.21
Lexington VillasLV21.5B2BR,1.5BA$1.32
The Landing at LexLand1.11BR,1BA$1.10

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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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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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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Frequently Asked Questions about Cheap Boone Creek Apartments

What is a cheap apartment in Boone Creek?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Boone Creek is under $1,025.

What is the price of a cheap apartment in Boone Creek?

The cheapest apartment in Boone Creek is BelleFontaine Apartment Homes which is listed at $735, while the average apartment in Boone Creek costs $1,774.

What types of apartments are the cheapest in Boone Creek?

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 10 regular apartments in Boone Creek 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 Boone Creek?

Cheap apartments in Boone Creek have an average cost of $113 which is $1,661 cheaper than the average rent for all rentals in Boone Creek.

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.

Articles, How-To's, and Tips

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.