Cheap Apartments for Rent in the Cardinal Valley Neighborhood of Lexington, KY from $600 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cardinal Valley 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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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.

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Oxford Circle
$1,022 - $1,222
Total Monthly Price

Total Monthly Price

Base Rent
$1,022 - $1,222
Total Monthly Price
$1,022 - $1,222
1 Bedroom Apartments Available Now

Oxford Circle

1805 Oxford CirLexington, KY 40504
Affordability
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BFA
Rent Specials
$1,159 - $2,0091 to 3 Bedroom Apartments Available Now

BFA

1101 Beaumont Centre LnLexington, KY 40513
Pet Friendly
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  • Utilities Included

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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Hillrise Place
Studio Apartments

Hillrise Place

709 Hill Rise CtLexington, KY 40504
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Park Vista
1 to 2 Bedroom Apartments

Park Vista

1270 Village DrLexington, KY 40504
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cambridge Park
1 to 2 Bedroom Apartments

Cambridge Park

2045 Cambridge DrLexington, KY 40504
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Christian Tpwers
1 Bedroom Apartments

Christian Tpwers

1511 Versailles RdLexington, KY 40504
Senior Living
  • Utilities Included
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Whitney Woods
2 to 3 Bedroom Apartments

Whitney Woods

700 Whitney Woods PlLexington, KY 40504
Showing Results 1-35, Page 1 of 1

Cardinal Valley, Lexington, KY Local Guide

Cheapest Available Cardinal Valley Apartments for Rent

 

The cheapest available apartment rental in the Cardinal Valley area of Lexington, KY is a 1 Bed unit found at VELO Lexington priced from $745. Emerson Center 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Cardinal Valley apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO LexingtonNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Meadowthorpe Landing - Senior HousingOne Bedroom1BR,1BA$770
Parkside Apartments1 Bedroom1BR,1BA$785
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$935
1901 Apartments1BR - 1BTH Upgraded1BR,1BA$945
2220 Apartments2BR - 1.5BTH2BR,1BA$955
The Axis at 1435StudioStudio,1BA$970
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$992
The Vue Lexington1 Bed 1 Bath1BR,1BA$995

Best Value Apartments for Rent in Cardinal Valley, KY

As of June 28, 2026 the best value apartment in the Cardinal Valley 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 Cardinal Valley apartment is the 2 Bedrooms W/ Balcony Model at Thoroughbred Crossing starting at $1,200 with a $1.25 price per square foot in the Beaumont Residential neighborhood. Here is today’s list of the best values for Cardinal Valley 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
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
BFA2BR/1.0BA2BR,1BA$1.58
2220 Apartments2BR - 1.5BTH2BR,1.5BA$1.12
1901 Apartments2BR - 1BTH Renovated2BR,1BA$1.51
Oxford Circleoxf 1.11BR,1BA$1.46
Belmont Run ApartmentsOne Bedroom1BR,1BA$1.63
Meadowthorpe Landing - Senior HousingOne Bedroom1BR,1BA$1.17
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$1.59
Parkside Apartments1 Bedroom1BR,1BA$1.30

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
Cardinal Valley, Lexington, KY

Ranked #20

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 Cardinal Valley Apartments

What is a cheap apartment in Cardinal Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cardinal Valley is under $995.

What is the price of a cheap apartment in Cardinal Valley?

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

What types of apartments are the cheapest in Cardinal Valley?

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 19 regular apartments in Cardinal Valley 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 Cardinal Valley?

Cheap apartments in Cardinal Valley have an average cost of $959 which is $2,386 cheaper than the average rent for all rentals in Cardinal Valley.

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

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