Cheap Apartments for Rent in the Columbia Heights Neighborhood of Lexington, KY from $500 (15 Rentals)

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

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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included

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.

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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
  • Utilities Included
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508
Student Housing

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.

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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
Student Housing
  • Utilities Included
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
  • Utilities Included
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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Columbia Heights, Lexington, KY Local Guide

Cheapest Available Columbia Heights Apartments for Rent

 

The cheapest available apartment rental in the Columbia Heights area of Lexington, KY is a 1 Bed unit found at Rose Tower Apartments priced from $950. Hub Lexington Upper has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,115. Here are the most affordable Columbia Heights apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Rose Tower ApartmentsOne Bedroom1BR,1BA$950
Hub Lexington Upper4x2 Mansion4BR,2BA$1,115
Park Plaza ApartmentsMaxwellStudio,1BA$1,264
260 Lexington Avenue1BR/1.0BA1BR,1BA$1,450

Best Value Apartments for Rent in Columbia Heights, KY

As of January 08, 2026 the best value apartment in the Columbia Heights area is the $1.83 price per square foot 326 E High St Model at 326 E High St, Unit 2 in the in the Northside Historic Residential neighborhood starting from $1,650. The second greatest value Columbia Heights apartment is the 545 S Limestone Model at 545 S Limestone, Unit 2 starting at $1,650 with a $2.06 price per square foot in the Aylesford Place neighborhood. Here is today’s list of the best values for Columbia Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
326 E High St, Unit 2326 E High St3BR,1BA$1.83
545 S Limestone, Unit 2545 S Limestone2BR,1BA$2.06
Hub Lexington Upper2x2 VIP2BR,2BA$1.85
260 Lexington Avenue1BR/1.0BA1BR,1BA$1.94
559 Limestone S, Unit 201559 Limestone S1BR,1BA$2.40
Rose Tower ApartmentsOne Bedroom1BR,1BA$2.11
444 S Ashland Ave, Unit C15444 S Ashland AveStudio ,1BA$1.89
Park Plaza ApartmentsMaxwellStudio ,1BA$3.31

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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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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Pet Friendly Lifestyle
Columbia Heights, Lexington, KY

Ranked #76

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Columbia Heights, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Columbia Heights Apartments

What is a cheap apartment in Columbia Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Columbia Heights is under $1,450.

What is the price of a cheap apartment in Columbia Heights?

The cheapest apartment in Columbia Heights is Rose Tower Apartments which is listed at $950, while the average apartment in Columbia Heights costs $1,650.

What types of apartments are the cheapest in Columbia Heights?

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 13 regular apartments in Columbia Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.