
Cheap 3 Bedroom Apartments for Rent in the Cave Hill Neighborhood of Lexington, KY from $1,035 (11 Rentals)


The Crossings Apartment Homes

Palomar View Apartments

BFA

Rabbit Run Apartments
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.

Prime at Gardenside

1412 Ritchie Ct

Palomar Woods

2266 Alexandria Dr

572 Hadlow St
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.

3845 Pinecrest Way
Cave Hill, Lexington, KY Local Guide

How much does it cost to rent an apartment in Cave Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cave Hill Studio Apartments | $884 | $750 | $950 |
| Cave Hill 1 Bedroom Apartments | $1,260 | $775 | $1,629 |
| Cave Hill 2 Bedroom Apartments | $1,464 | $910 | $1,904 |
Cave Hill 3 Bedroom Apartments | $1,736 | $1,035 | $2,314 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Cave Hill Neighborhood of Lexington, KY.
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Cave Hill, Lexington, KY Local Guide
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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.
Read ArticleReal 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.
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.
Best Local Schools in Cave Hill, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Cave Hill Apartments
What is a cheap apartment in Cave Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cave Hill is under $1,159.
What is the price of a cheap apartment in Cave Hill?
The cheapest apartment in Cave Hill is Palomar View Apartments which is listed at $1,736, while the average apartment in Cave Hill costs $1,772.
What types of apartments are the cheapest in Cave Hill?
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 3 regular apartments in Cave Hill 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 Cave Hill?
Cheap apartments in Cave Hill have an average cost of $103 which is $1,669 cheaper than the average rent for all rentals in Cave Hill.
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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington
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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.

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