468 N Limestone
LexingtonKY40508
Cheap Homes for Rent in the Castlewood Neighborhood of Lexington, KY from $875 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Castlewood area of Lexington.
528 Booker St
LexingtonKY40508
445 Davidson Ct
LexingtonKY40508
557 N Limestone
LexingtonKY40508
566 N Martin Luther King Blvd
LexingtonKY40508
531 Smith St
LexingtonKY40508
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.
1854 Augusta Dr
LexingtonKY40505
529 Smith St
LexingtonKY40508
470 Anniston Dr
LexingtonKY40505
1811 Dalton Ct
LexingtonKY40505
770 Maple Ave
LexingtonKY40508
568 Anniston Dr
LexingtonKY40505
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-12, Page 1 of 1
Castlewood, Lexington, KY Local Guide
How much does it cost to rent a home in Castlewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Castlewood 2 Bedroom Homes for Rent | $1,790 | $999 | $3,950 |
| Castlewood 3 Bedroom Homes for Rent | $1,680 | $995 | $3,500 |
| Castlewood 4 Bedroom Homes for Rent | $1,872 | $1,595 | $1,970 |
| Castlewood 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Castlewood Neighborhood of Lexington, KY.
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Castlewood, Lexington, KY Local Guide
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Cheapest Available Castlewood Apartments for Rent
The cheapest available apartment rental in the Castlewood area of Lexington, KY is a Studio unit found at The Dawn Run Apartments priced from $790. Imperial has the second lowest priced unit, which is a 3 Beds apartment currently listed from $796. Here are the most affordable Castlewood apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dawn Run Apartments | Studio XL | Studio,1BA | $790 |
| Imperial | 3 Beds, 2 Baths | 3BR,2BA | $796 |
| Double Tree Apartments | Studio | Studio,1BA | $875 |
| Hub Limestone | 4x3 Lite VIP Balcony | 4BR,3BA | $924 |
| Revive 1749 - All Utilities Incl | 1BR/1.0BA | 1BR,1BA | $975 |
Best Value Apartments for Rent in Castlewood, KY
As of August 23, 2026 the best value apartment in the Castlewood area is the $1.10 price per square foot 4x2 Balcony Model at Hub Lexington Upper in the in the Northside Historic Residential neighborhood starting from $1,159. The second greatest value Castlewood apartment is the 3 Beds, 2 Baths Model at Imperial starting at $796 with a $0.83 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Castlewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hub Lexington Upper | 4x2 Balcony | 4BR,2BA | $1.10 |
| Imperial | 3 Beds, 2 Baths | 3BR,2BA | $0.83 |
| Limestone Square/Medical Villas | 2 Bedroom w/ Study | 2BR,2BA | $1.31 |
| The Lex | 2x2 Deluxe | 2BR,2BA | $1.18 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.41 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.39 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.34 |
| Prime Hamburg Apartments | Elite 1BR - 1BTH | 1BR,1BA | $1.31 |
| Revive 1749 - All Utilities Incl | 1BR/1.0BA | 1BR,1BA | $1.48 |
| The Dawn Run Apartments | Studio XL | Studio ,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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Pet Friendly LifestyleCastlewood, Lexington, KY
Ranked #57
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Castlewood, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Castlewood
What type of rentals are currently available in Castlewood?
There are currently 478 Apartments for Rent in Castlewood, KY with pricing that ranges from $540 to $3,237. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castlewood ranging from $875 to $3,950.
What is the current price range for Rental Homes in Castlewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Castlewood ranges from $875 to $3,950 with an average monthly rent of $1,699.
How much are larger Three and Four Bedroom Rentals in Castlewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Castlewood range from $815 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,000.
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
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
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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.
Articles, How-To's, and Tips
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.