Cheap Homes for Rent in Cave Hill Neighborhood of Lexington, KY from $700 (9 Rentals)

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

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.

property at 628 Hadlow St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2.5 Bath Home for Rent

Available Now

628 Hadlow St

LexingtonKY40503

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.

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. The Crossings Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. 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
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
Harrods Point Apartments - Newly remodeledSmall one Bedroom1BR,1BA$929

Best Value Apartments for Rent in Cave Hill, KY

As of April 24, 2026 the best value apartment in the Cave Hill area is the $1.51 price per square foot 3 Bedroom Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,989. The second greatest value Cave Hill apartment is the The Derby Model at Prime at Gardenside starting at $1,375 with a $1.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Palomar View Apartments3 Bedroom3BR,2BA$1.51
Prime at GardensideThe Derby2BR,2BA$1.29
The Tracery Apartments1x1 With Garage1BR,1BA$1.95
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.24
The Wellington1 Bedroom1BR,1BA$1.42
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.58
Flats at TurflandFlat - Kitchen Bar1BR,1BA$1.83
Emerson Center 62+ Senior ApartmentsStudioStudio ,1BA$2.19
Flats at Beaumont -Newly-Renovated Condo-Style!Apply Here For Existing Tenants!Studio ,$10.95

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Frequently Asked Questions about Cave Hill

What type of rentals are currently available in Cave Hill?

There are currently 36 Apartments for Rent in Cave Hill, KY with pricing that ranges from $750 to $2,314. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cave Hill ranging from $799 to $5,450.

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 $799 to $5,450 with an average monthly rent of $2,357.

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.

Articles, How-To's, and Tips

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.