Cheap Apartments for Rent in the Cave Hill Neighborhood of Lexington, KY from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cave Hill area of Lexington.

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property at 3852 Nadia Ln

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

3852 Nadia Ln

LexingtonKY40514
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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included
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Palomar Woods
1 to 3 Bedroom Apartments

Palomar Woods

1850 Old Higbee Mill RdLexington, KY 40514

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Showing Results 1-27, Page 1 of 1

Cave Hill, Lexington, KY Local Guide

Cheapest Available Cave Hill Apartments for Rent

 

The cheapest available apartment rental in the Cave Hill area of Lexington, KY is a Studio unit found at Emerson Center 62+ Senior Apartments priced from $750. Wellington Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Cave Hill apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$775
Parkside Apartments2 Bedroom2BR,1BA$910
Flats at BeaumontNewly-Renovated Studio Apartments!Studio,1BA$950
Prime at GardensideA11BR,1BA$975
Flats at TurflandFlat - Open Kitchen1BR,1BA$995
The Wellington1 Bedroom1BR,1BA$1,109
Beaumont Farms Apartments1BR/1.0BA1BR,1BA$1,299
Palomar View Apartments1 Bedroom1BR,1BA$1,449
Palomar Woods2 Bedroom2BR,2BA$1,603

Best Value Apartments for Rent in Cave Hill, KY

As of August 07, 2026 the best value apartment in the Cave Hill area is the $1.51 price per square foot 2 Bedroom Model at Palomar Woods in the in the Rabbit Run neighborhood starting from $1,603. The second greatest value Cave Hill apartment is the 2 Bedroom Model at Parkside Apartments starting at $910 with a $1.13 price per square foot in the Redd Road Rural Historic District neighborhood. Here is today’s list of the best values for Cave Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palomar Woods2 Bedroom2BR,2BA$1.51
Parkside Apartments2 Bedroom2BR,1BA$1.13
Palomar View Apartments1 Bedroom1BR,1BA$1.84
Beaumont Farms Apartments1BR/1.0BA1BR,1BA$1.74
The Wellington1 Bedroom1BR,1BA$1.58
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$1.21
Prime at GardensideA21BR,1BA$1.67
Flats at TurflandFlat - Open Kitchen1BR,1BA$1.83
Emerson Center 62+ Senior ApartmentsStudioStudio ,1BA$2.19
Flats at BeaumontNewly-Renovated Studio Apartments!Studio ,1BA$3.30

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Best Local Schools in
Cave Hill, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Cave Hill Apartments

What is the price of a cheap apartment in Cave Hill?

The cheapest apartment in Cave Hill is Wellington Park Apartments which is listed at $775, while the average apartment in Cave Hill costs $1,364.

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 14 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 $571 which is $793 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

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Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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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.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

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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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