
Cheap Homes for Rent in Cave Hill Neighborhood of Lexington, KY from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Cave Hill area of Lexington.

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.

1025 Cross Keys Rd
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.
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 3 Bedroom Homes for Rent | $1,908 | $1,550 | $2,350 |
Cave Hill 4 Bedroom Homes for Rent | $2,239 | $1,750 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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
- School Districts
Best Value Apartments for Rent in Cave Hill, KY
As of July 30, 2025 the best value apartment in the Cave Hill area is the $1.43 price per square foot RM-20G Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,690. The second greatest value Cave Hill apartment is the 2 Bed 2 Bath Model at Shillito Park Apartments starting at $1,400 with a $1.24 price per square foot in the The Meadows At Brannon Crossing 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. |
---|---|---|---|
rmLexington | RM-20G | 2BR,2BA | $1.43 |
Shillito Park Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.24 |
The Alexandra | The Fritz Elite | 2BR,1BA | $1.31 |
The Wellington | 2 Bedroom | 2BR,1BA | $1.49 |
Harrods Point Apartments - Newly remodeled | 1 Bedroom FULLY RENOVATED | 1BR,1BA | $1.60 |
Bridle Creek Apartments | A1 Chevy Chase - One Bedroom, One Bathroom | 1BR,1BA | $1.56 |
Beaumont Farms Apartments | Ashbecca | 1BR,1BA | $2.06 |
Preakness Apartments | P11 | 1BR,1BA | $1.12 |
The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.38 |
Flats at Turfland | Newly-Renovated One Bedroom Apartments! | 1BR,1BA | $1.74 |
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.
Frequently Asked Questions about Cave Hill
What type of rentals are currently available in Cave Hill?
There are currently 43 Apartments for Rent in Cave Hill, KY with pricing that ranges from $700 to $2,978. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cave Hill ranging from $799 to $2,995.
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 $2,995 with an average monthly rent of $1,678.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.