Cheap 2 Bedroom Apartments for Rent in the Castlewood Neighborhood of Lexington, KY from $858 (33 Rentals)

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The Paddock Apartments
$1,195 - $1,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,265
Total Monthly Price
$1,125 - $1,265
2 Bedroom Apartments Contact Us For Availability

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
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  • Customer Reviewed
  • Utilities Included

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
$1,245 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,345
Total Monthly Price
$925 - $1,345
2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
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  • Customer Reviewed
  • Utilities Included
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Parkway Manor
2 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
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Hartford Place
2 Bedroom Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
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Medical View Properties
2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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University Flats
2 Bedroom Apartments

University Flats

1160 University DrLexington, KY 40526
Student Housing
  • Utilities Included
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Heritage Hills
2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
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Kampus Townhouses
2 Bedroom Apartments

Kampus Townhouses

429-460 E Euclid AveLexington, KY 40508
Student Housing

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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Cottages of Laclede
2 Bedroom Apartments

Cottages of Laclede

268 Laclede AveLexington, KY 40505
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Kampus Park
2 Bedroom Apartments

Kampus Park

400 Transylvania ParkLexington, KY 40508
Student Housing
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271 Lexington Ave
2 Bedroom Apartments

271 Lexington Ave

271 Lexington AveLexington, KY 40508
Student Housing

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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Showing Results 1-33, Page 1 of 1

Castlewood, Lexington, KY Local Guide

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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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
Castlewood, Lexington, KY

Ranked #68

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Castlewood, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Castlewood Apartments

What is a cheap apartment in Castlewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Castlewood is under $1,180.

What is the price of a cheap apartment in Castlewood?

The cheapest apartment in Castlewood is Double Tree Apartments which is listed at $935, while the average apartment in Castlewood costs $1,862.

What types of apartments are the cheapest in Castlewood?

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 15 regular apartments in Castlewood 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 Castlewood?

Cheap apartments in Castlewood have an average cost of $489 which is $1,373 cheaper than the average rent for all rentals in Castlewood.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.