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$745 - $1,4001 Bedroom Apartments Available Now
VELO - Waller Avenue
353 Waller AveLexington, KY 40504
Cheap Apartments for Rent in the Deerfield Neighborhood of Lexington, KY from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Deerfield area of Lexington.
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Rent Specials
$750 - $979Studio to 1 Bedroom Apartments Available Now
Emerson Center 62+ Senior Apartments
2050 Garden Springs DrLexington, KY 40504
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$785 - $1,0351 to 3 Bedroom Apartments Contact Us For Availability
Parkside Apartments
1060 Cross Keys RdLexington, KY 40504
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$810 - $890Studio Apartments Available Aug 13
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
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$815 - $1,8651 to 2 Bedroom Apartments Available Now
Breckinridge Court
420 Redding RdLexington, KY 40517
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$8252 Bedroom Apartments Available Now
4044 Expo Ct, Lexington, KY, 40515-4682
4040 Expo CtLexington, KY 40515
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$850 - $1,650Studio to 3 Bedroom Apartments Available Now
Tates Creek Village
3051 Kirklevington DrLexington, KY 40517
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$860 - $1,1751 to 3 Bedroom Apartments Available Now
The Crossings Apartment Homes
1040 Cross Keys RdLexington, KY 40504
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Rent Specials
$889 - $1,8381 to 3 Bedroom Apartments Available Now
Tates Creek Crossings
1123-1143 Centre PkyLexington, KY 40517
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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$895 - $945
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $825
Required Monthly Fees
$120
Total Monthly Price
$895 - $945
Flats at Turfland
2315 Harrodsburg RdLexington, KY 40504
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$895 - $1,0951 to 2 Bedroom Apartments Available Now
Chelsea Apartments
2640 Wilhite CtLexington, KY 40503
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$8951 Bedroom Apartments Available Now
Brookhaven Apartments
147 Malabu DrLexington, KY 40503
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$895 - $945
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $825
Required Monthly Fees
$120
Total Monthly Price
$895 - $945
Landing at Malabu
848 Malabu DrLexington, KY 40502
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$920 - $1,199
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$899 - $1,178
Required Monthly Fees
$21
Total Monthly Price
$920 - $1,199
The Callaway
3745 Camelot DrLexington, KY 40517
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$935 - $965
Total Monthly Price
Studio Apartments Available Jul 8Total Monthly Price
Base Rent
$905 - $935
Required Monthly Fees
$30
Total Monthly Price
$935 - $965
The Studios at Belmont - MAJOR UTILITIES INCL
333 Legion DrLexington, KY 40504
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$940 - $1,7251 to 2 Bedroom Apartments Available Now
Canter Pointe
3650 Tates Creek RdLexington, KY 40517
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$949 - $1,0991 to 2 Bedroom Apartments Available Mar 13
Park Thirty99
3099 Kirklevington DrLexington, KY 40517
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$964 - $1,910
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$943 - $1,889
Required Monthly Fees
$21
Total Monthly Price
$964 - $1,910
Creeks on Kirklevington
3050 Kirklevington DrLexington, KY 40517
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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$969 - $1,399
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$969 - $1,399
Total Monthly Price
$969 - $1,399
Barrel Oaks Apartments
249 E Reynolds RdLexington, KY 40517
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$970 - $1,125
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$830 - $985
Required Monthly Fees
$140
Total Monthly Price
$970 - $1,125
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
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$975 - $1,5251 to 3 Bedroom Apartments Available Now
Prime at Gardenside
2044 Georgian WayLexington, KY 40504
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$975 - $1,7051 to 2 Bedroom Apartments Available Now
Spring House on the Park
3851 Belleau Wood DrLexington, KY 40517
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$995 - $1,5001 to 2 Bedroom Apartments Available Now
Regency Apartments at Southland
2075 Regency RdLexington, KY 40503
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$995 - $1,150
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$861 - $1,016
Required Monthly Fees
$134
Total Monthly Price
$995 - $1,150
The Vue Lexington
2070 Garden Springs DrLexington, KY 40504
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$995 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$941 - $1,241
Required Monthly Fees
$54
Total Monthly Price
$995 - $1,295
Shillito Park Apartments
3500 Beaver Place RdLexington, KY 40503
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$998 - $3,5431 to 2 Bedroom Apartments Available Now
MAA Mansion
3820 Nicholasville RdLexington, KY 40503
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$999 - $1,5781 to 3 Bedroom Apartments Available Now
Vetra Lexington
4070 Victoria WayLexington, KY 40515
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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$999 - $1,3691 to 2 Bedroom Apartments Available Now
The Wellington
3312 Keithshire WayLexington, KY 40503
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$1,024 - $1,1741 to 2 Bedroom Apartments Available Now
Rivers at Bluegrass
2504 Larkin RdLexington, KY 40503
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$1,030 - $1,773
Total Monthly Price
1 to 2 Bedroom Apartments Available Feb 21Total Monthly Price
Base Rent
$1,010 - $1,753
Required Monthly Fees
$20
Total Monthly Price
$1,030 - $1,773
The Colony at the Oaks
385 Redding RdLexington, KY 40517
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$1,045 - $1,6351 to 3 Bedroom Apartments Available Now
The Reserve At Merrick
3300 Montavesta RdLexington, KY 40502
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$1,057 - $2,835
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$967 - $2,745
Required Monthly Fees
$90
Total Monthly Price
$1,057 - $2,835
The Metropolitan
3751 Appian WayLexington, KY 40517
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$1,075 - $1,2251 to 2 Bedroom Apartments Available Now
Belmont Run Apartments
1232 Man O War PlLexington, KY 40504
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$1,089 - $1,5141 to 2 Bedroom Apartments Available Now
Element
3200 Loch Ness DrLexington, KY 40517
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Rent Specials
$1,095 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available Mar 6Total Monthly Price
Base Rent
$210 - $410
Required Monthly Fees
$885
Total Monthly Price
$1,095 - $1,295
Landing at Tates Creek
3565 Tates Creek RdLexington, KY 40517
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Studio Apartments
Zandale/Lowry Studio Apartments
133 Zandale DrLexington, KY 40503
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-36, Page 1 of 1
Deerfield, Lexington, KY Local Guide
How much does it cost to rent an apartment in Deerfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield Studio Apartments | $1,356 | $750 | $2,399 |
| Deerfield 1 Bedroom Apartments | $1,313 | $745 | $3,907 |
| Deerfield 2 Bedroom Apartments | $1,481 | $825 | $3,470 |
| Deerfield 3 Bedroom Apartments | $1,943 | $1,035 | $3,591 |
| Deerfield 4 Bedroom Apartments | $2,110 | $1,620 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 1 mile radius of the Deerfield Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Deerfield, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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Cheapest Available Deerfield Apartments for Rent
The cheapest available apartment rental in the Deerfield area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Emerson Center 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Deerfield apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Breckinridge Court | Studio 460 sf (st1) | 1BR,1BA | $825 |
| 4044 Expo Ct, Lexington, KY, 40515-4682 | Covered front porch | 2BR,1BA | $825 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $860 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Landing at Malabu | Malabu Flat 852 | 1BR,1BA | $895 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $895 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Deerfield, KY
As of February 19, 2026 the best value apartment in the Deerfield area is the $0.92 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,445. The second greatest value Deerfield apartment is the 2 Bedroom 1.5 Bath Den Model at Tates Creek Crossings starting at $1,288 with a $1.23 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Deerfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| MidTown Apartments | House | 4BR,4BA | $0.92 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath Den | 2BR,1.5BA | $1.23 |
| The Metropolitan | Bluegrass | 2BR,1BA | $1.21 |
| 4044 Expo Ct, Lexington, KY, 40515-4682 | Covered front porch | 2BR,1BA | $0.97 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.34 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.38 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
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.
Read ArticleCash 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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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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Pet Friendly LifestyleDeerfield, Lexington, KY
Ranked #8
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Deerfield Apartments
What is a cheap apartment in Deerfield?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deerfield is under $895.
What is the price of a cheap apartment in Deerfield?
The cheapest apartment in Deerfield is VELO - Waller Avenue which is listed at $745, while the average apartment in Deerfield costs $3,345.
What types of apartments are the cheapest in Deerfield?
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 43 regular apartments in Deerfield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Deerfield?
Cheap apartments in Deerfield have an average cost of $1,108 which is $2,237 cheaper than the average rent for all rentals in Deerfield.
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
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.