
Cheap Homes for Rent in the Cave Hill Neighborhood of Lexington, KY from $1,700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Cave Hill area of Lexington.


1720 Traveller Rd
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.

2221 Reserve Ct

3334 Nevius Dr
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.

1705 Hatteras Dr
Cave Hill, Lexington, KY Local Guide

How much does it cost to rent a home in Cave Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cave Hill 2 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
| Cave Hill 3 Bedroom Homes for Rent | $2,464 | $1,725 | $4,900 |
| Cave Hill 4 Bedroom Homes for Rent | $2,769 | $2,100 | $3,595 |
| Cave Hill 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Cave Hill Neighborhood of Lexington, KY.
Explore Lexington
Cave Hill, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Wellington Park Apartments | One Bed One Bath | 1BR,1BA | $775 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $910 |
Best Value Apartments for Rent in Cave Hill, KY
As of September 07, 2026 the best value apartment in the Cave Hill area is the $1.64 price per square foot 2x2 With Garage Model at The Tracery Apartments in the in the Stonewall Community neighborhood starting from $1,904. The second greatest value Cave Hill apartment is the 2 Bedroom Model at The Wellington starting at $1,269 with a $1.51 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for Cave Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Tracery Apartments | 2x2 With Garage | 2BR,2BA | $1.64 |
| The Wellington | 2 Bedroom | 2BR,1BA | $1.51 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.13 |
| Palomar Woods | 1 Bedroom | 1BR,1BA | $2.06 |
| Palomar View Apartments | 1 Bedroom | 1BR,1BA | $1.81 |
| Beaumont Farms Apartments | 1BR/1.0BA | 1BR,1BA | $1.72 |
| Wellington Park Apartments | One Bed One Bath | 1BR,1BA | $1.21 |
| Prime at Gardenside | A2 | 1BR,1BA | $1.67 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $1.83 |
| Emerson Center 62+ Senior Apartments | Studio | Studio ,1BA | $2.19 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Cave Hill
What type of rentals are currently available in Cave Hill?
There are currently 38 Apartments for Rent in Cave Hill, KY with pricing that ranges from $750 to $2,280. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cave Hill ranging from $1,700 to $4,900.
What is the current price range for Rental Homes in Cave Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cave Hill ranges from $1,700 to $4,900 with an average monthly rent of $2,628.
How much are larger Three and Four Bedroom Rentals in Cave Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cave Hill range from $1,035 to $2,280, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $4,900. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,525.
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
Written by: Catrina Cowart
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
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.