Cheap Apartments for Rent in the Brucetown Neighborhood of Lexington, KY from $600 (18 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Ascent1555
Rent Specials
$925 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,345

Total Monthly Price
$925 - $1,345
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

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

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.

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.

Brucetown, Lexington, KY Local Guide

Cheapest Available Brucetown Apartments for Rent

 

The cheapest available apartment rental in the Brucetown area of Lexington, KY is a 1 Bed unit found at VELO Lexington priced from $745. The Dawn Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Brucetown apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO LexingtonNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
The Dawn Run ApartmentsStudio XLStudio,1BA$790
The Ascent1555Renovated StudioStudio,1BA$925
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$935
Double Tree Apartments2 Bedroom2BR,1BA$935

Best Value Apartments for Rent in Brucetown, KY

As of June 08, 2026 the best value apartment in the Brucetown area is the $1.29 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,936. The second greatest value Brucetown apartment is the 525: 4 bed - 4.5 Bath Model at Latitude Lexington starting at $774 with a $0.53 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for Brucetown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Twenty Four3 BR Townhome + Garage3BR,2.5BA$1.29
Latitude Lexington525: 4 bed - 4.5 Bath4BR,4.5BA$0.53
Double Tree Apartments2 Bedroom Deluxe-Renovated2BR,1BA$1.18
1809 at WinchesterA4 Alysheba - 1 Bedroom, 1 Bathroom1BR,1BA$1.73
Alcove at Russell1 Bedroom1BR,1BA$1.43
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$1.31
Trifecta on Red Mile - Newly Renovated!Trifecta on Red Mile - Two Bedroom2BR,1BA$1.75
Revive 1749 - All Utilities Incl1BR/1.0BA1BR,1BA$1.48
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$1.59
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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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
Brucetown, Lexington, KY

Ranked #31

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 Brucetown Apartments

What is a cheap apartment in Brucetown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Brucetown is under $1,005.

What is the price of a cheap apartment in Brucetown?

The cheapest apartment in Brucetown is VELO Lexington which is listed at $745, while the average apartment in Brucetown costs $3,345.

What types of apartments are the cheapest in Brucetown?

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 33 regular apartments in Brucetown 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 Brucetown?

Cheap apartments in Brucetown have an average cost of $1,096 which is $2,249 cheaper than the average rent for all rentals in Brucetown.

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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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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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington

Written by: Catrina Cowart

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

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.