Cheap Apartments for Rent in the Calumet Neighborhood of Lexington, KY from $500 (20 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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.

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Oxford Circle
1 Bedroom Apartments

Oxford Circle

1805 Oxford CirLexington, KY 40504

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.

Calumet, Lexington, KY Local Guide

Cheapest Available Calumet Apartments for Rent

 

The cheapest available apartment rental in the Calumet area of Lexington, KY is a 1 Bed unit found at Preakness Apartments priced from $715. Oxford Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Calumet apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Preakness ApartmentsP111BR,1BA$715
Oxford Circleoxf 1.11BR,1BA$735
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$750
1901 Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$755
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805

Best Value Apartments for Rent in Calumet, KY

As of June 03, 2025 the best value apartment in the Calumet area is the $1.22 price per square foot 2 Bedroom Garden floor Model at Thoroughbred Crossing in the in the Beaumont Residential neighborhood starting from $1,100. The second greatest value Calumet apartment is the 2 Bedrooms, 1.5 Bathrooms Model at Twenty Two Twenty starting at $805 with a $0.95 price per square foot in the Beaumont Residential neighborhood. Here is today’s list of the best values for Calumet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1.22
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
1901 Apartment Homes2 Bedrooms, 1 Bathroom2BR,1BA$1.13
Park VistaPV1.11BR,1BA$1.12
Ashland Apartments - NEW Renovations2 Bedroom 1 Bath2BR,1BA$1.41
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$1.15
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
Oxford Circleoxf 1.11BR,1BA$1.32
Studios340 - All Inclusive PricingFurnished StudioStudio ,1BA$4.16

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Calumet, Lexington, KY

Ranked #46

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Calumet Apartments

What is a cheap apartment in Calumet?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Calumet is under $1,100.

What is the price of a cheap apartment in Calumet?

The cheapest apartment in Calumet is Oxford Circle which is listed at $735, while the average apartment in Calumet costs $1,355.

What types of apartments are the cheapest in Calumet?

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 5 regular apartments in Calumet 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 Calumet?

Cheap apartments in Calumet have an average cost of $672 which is $683 cheaper than the average rent for all rentals in Calumet.

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

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.