342 E High St
LexingtonKY40507
Cheap Homes for Rent in Castlewood Neighborhood of Lexington, KY from $900 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Castlewood area of Lexington.
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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.
532 Chestnut St
LexingtonKY40508
103 Hagerman Ct
LexingtonKY40508
113 Hagerman Ct
LexingtonKY40508
120 Montmullin St
LexingtonKY40508
555 N Limestone
LexingtonKY40508
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.
712 Florence Ave
LexingtonKY40508
858 Whitney Ave
LexingtonKY40508
531 Toner St
LexingtonKY40508
438 Michigan St
LexingtonKY40508
550 Georgetown St
LexingtonKY40508
172 Eddie St
LexingtonKY40508
101 Hagerman Ct
LexingtonKY40508
161 Preston Ave
LexingtonKY40502
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.
363 Aylesford Pl
LexingtonKY40508
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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 | $1,872 | $1,160 | $3,600 |
| Castlewood 3 Bedroom Homes for Rent | $1,864 | $1,150 | $2,625 |
| Castlewood 4 Bedroom Homes for Rent | $2,317 | $1,299 | $4,000 |
| Castlewood 5 Bedroom Homes for Rent | $5,000 | $4,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 Ferrill Square Apartments - 55+ Community priced from $806. 515 S Upper St has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Castlewood apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| 515 S Upper St | Near Campus | Studio,1BA | $825 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $858 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $895 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $900 |
Best Value Apartments for Rent in Castlewood, KY
As of September 19, 2025 the best value apartment in the Castlewood area is the $1.57 price per square foot B1 Justify - 2 Bedroom, 2 Bathroom Model at 1809 at Winchester in the in the Liberty Area neighborhood starting from $1,667. The second greatest value Castlewood apartment is the Elite 2 BR Model at Eastland Hills Apartments starting at $950 with a $1.02 price per square foot in the Liberty Area 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. |
|---|---|---|---|
| 1809 at Winchester | B1 Justify - 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.57 |
| Eastland Hills Apartments | Elite 2 BR | 2BR,1BA | $1.02 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| Double Tree Apartments | 2 Bedroom | 2BR,1BA | $1.06 |
| The Dawn Run Apartments | 2x1 | 2BR,1BA | $1.20 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.20 |
| Revive 1749 - All Utilities Incl | 1BR/1.0BA | 1BR,1BA | $1.48 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
| 515 S Upper St | Near Campus | Studio ,1BA | $1.38 |
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Pet Friendly LifestyleCastlewood, Lexington, KY
Ranked #58
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 468 Apartments for Rent in Castlewood, KY with pricing that ranges from $625 to $4,700. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castlewood ranging from $975 to $5,500.
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 $975 to $5,500 with an average monthly rent of $2,458.
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 $1,000 to $2,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,625. Four Bedroom Single-Family rentals are also available starting from $1,299 and Four Bedroom Apartments start at $1,650.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.