720 E High St
LexingtonKY40502
Cheap Homes for Rent in Castlewood Neighborhood of Lexington, KY from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Castlewood area of Lexington.
445 Davidson Ct
LexingtonKY40508
453 Race St
LexingtonKY40508
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.
192 York St
LexingtonKY40508
529 Smith St
LexingtonKY40508
1811 Dalton Ct
LexingtonKY40505
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.
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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 | $1,687 | $999 | $3,500 |
| Castlewood 3 Bedroom Homes for Rent | $1,544 | $899 | $2,195 |
| Castlewood 4 Bedroom Homes for Rent | $2,234 | $1,599 | $2,799 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 1 Bed unit found at Rose Tower Apartments priced from $850. Ferrill Square Apartments - 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here are the most affordable Castlewood apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $854 |
| Davis Park Station - NOW Leasing! | One Bedroom | 1BR,1BA | $870 |
Best Value Apartments for Rent in Castlewood, KY
As of June 12, 2025 the best value apartment in the Castlewood area is the $1.32 price per square foot One Bedroom Model at The Paddock Apartments in the in the Winburn neighborhood starting from $1,125. The second greatest value Castlewood apartment is the 2BR/1.0BA Model at Revive 1749 - All Utilities Incl starting at $1,090 with a $1.31 price per square foot in the Shriners 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. |
|---|---|---|---|
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
| Revive 1749 - All Utilities Incl | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Double Tree Apartments | 2 Bedroom Traditional-Renovated | 2BR,1BA | $1.11 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.40 |
| Davis Park Station - NOW Leasing! | One Bedroom | 1BR,1BA | $1.18 |
| Hub Limestone | 2x1 A | 2BR,1BA | $1.72 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.29 |
| 1809 at Winchester | A1 Cannock - 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.07 |
| The Flats at 345 | 325 One Bedroom | 1BR,1BA | $2.11 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
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Frequently Asked Questions about Castlewood
What type of rentals are currently available in Castlewood?
There are currently 464 Apartments for Rent in Castlewood, KY with pricing that ranges from $625 to $4,000. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castlewood ranging from $700 to $3,500.
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 $700 to $3,500 with an average monthly rent of $1,640.
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 $875 to $2,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,599 and Four Bedroom Apartments start at $4,000.
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.
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.
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.
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.
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.