Cheap Homes for Rent in Cave Hill Neighborhood of Lexington, KY from $1,500 (5 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.

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property at 3531 Winthrop Dr

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

3531 Winthrop Dr

LexingtonKY40503

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. Harrods Point Apartments - Newly remodeled has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. 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
Harrods Point Apartments - Newly remodeledSmall one Bedroom1BR,1BA$929
Flats at Beaumont -Newly-Renovated Condo-Style!Newly-Renovated Studio Apartments!Studio,1BA$950

Best Value Apartments for Rent in Cave Hill, KY

As of June 09, 2026 the best value apartment in the Cave Hill area is the $1.32 price per square foot 3 Bedroom Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,734. The second greatest value Cave Hill apartment is the 2BR/1.0BA Model at BFA starting at $1,399 with a $1.54 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$1.32
BFA2BR/1.0BA2BR,1BA$1.54
2204 Winterberry Dr, Unit Side A2204 Winterberry Dr2BR,1BA$1.11
The Tracery Apartments1x1 With Garage1BR,1BA$1.95
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.24
The Wellington1 Bedroom1BR,1BA$1.58
Prime at GardensideThe Summit1BR,1BA$1.67
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66
Flats at TurflandFlat - Kitchen Bar1BR,1BA$1.83
Emerson Center 62+ Senior ApartmentsStudioStudio ,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.

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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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Quick Rent Budget Calculator

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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 39 Apartments for Rent in Cave Hill, KY with pricing that ranges from $750 to $2,314. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cave Hill ranging from $1,595 to $5,250.

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 $1,595 to $5,250 with an average monthly rent of $2,945.

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

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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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.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.