
Cheap Apartments for Rent in the Cardinal Valley Neighborhood of Lexington, KY from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cardinal Valley area of Lexington.


VELO - Waller Avenue

Emerson Center 62+ Senior Apartments

1921 Oxford Cir

Parkside Apartments

Twenty Two Twenty

Ferrill Square Apartments - 55+ Community
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.

Kampus Properties STUDENT HOUSING - 2024-'25

1901 Apartment Homes

The Crossings Apartment Homes

Davis Park Station

The Studios at Belmont - MAJOR UTILITIES INCL

Flats at Turfland

Westchester on the Circle - NO VACANCY
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.

The Axis at 1435

Prime at Gardenside

Senior Housing 55+ - Christian Towers II

The Vue Lexington
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.

1972 Cambridge Dr

Westminster Village - Affordable Housing
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.
Cardinal Valley, Lexington, KY Local Guide

How much does it cost to rent an apartment in Cardinal Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cardinal Valley Studio Apartments | $1,281 | $750 | $1,745 |
| Cardinal Valley 1 Bedroom Apartments | $1,192 | $610 | $2,507 |
| Cardinal Valley 2 Bedroom Apartments | $1,518 | $805 | $3,163 |
| Cardinal Valley 3 Bedroom Apartments | $1,812 | $995 | $2,250 |
| Cardinal Valley 4 Bedroom Apartments | $1,331 | $739 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Cardinal Valley Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Cardinal Valley, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 - Waller Avenue 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1BA | $805 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| Park Vista | PV1.1 | 1BR,1BA | $829 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $860 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $895 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| The Vue Lexington | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Prime at Gardenside | The Summit | 1BR,1BA | $999 |
Best Value Apartments for Rent in Cardinal Valley, KY
As of December 15, 2025 the best value apartment in the Cardinal Valley area is the $1.47 price per square foot 2609 Bourbon Walk Model at Citation Lofts in the in the St. Martins Village neighborhood starting from $2,200. The second greatest value Cardinal Valley apartment is the Baybrook Model at Trailside at McConnells Trace starting at $1,955 with a $1.47 price per square foot in the Redd Road Rural Historic District neighborhood. Here is today’s list of the best values for Cardinal Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Citation Lofts | 2609 Bourbon Walk | 2BR,2BA | $1.47 |
| Trailside at McConnells Trace | Baybrook | 3BR,3BA | $1.47 |
| Thoroughbred Crossing | 2 Bedrooms W/ Balcony | 2BR,1BA | $1.25 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| Park Vista | PV1.1 | 1BR,1BA | $1.12 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $1.52 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.38 |
| Prime at Gardenside | The Summit | 1BR,1BA | $1.67 |
| The Vue Lexington | 1 Bed 1 Bath | 1BR,1BA | $1.66 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleCardinal Valley, Lexington, KY
Ranked #22
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Cardinal Valley Neighborhood in Lexington, KY
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
31 / 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 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 $999.
What is the price of a cheap apartment in Cardinal Valley?
The cheapest apartment in Cardinal Valley is VELO - Waller Avenue 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 94 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 $1,414 which is $1,931 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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










