
Cheap Apartments for Rent in the Deerfield Neighborhood of Lexington, KY from $700 (52 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Deerfield area of Lexington.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

510 Hill N Dale Rd
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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 | $1,212 | $859 | $1,895 |
| Deerfield 1 Bedroom Apartments | $1,249 | $745 | $2,176 |
| Deerfield 2 Bedroom Apartments | $1,508 | $910 | $2,725 |
| Deerfield 3 Bedroom Apartments | $1,893 | $1,035 | $3,555 |
| Deerfield 4 Bedroom Apartments | $2,150 | $1,525 | $2,475 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 1 mile radius of the Deerfield Neighborhood of Lexington, KY.
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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 $949.
What is the price of a cheap apartment in Deerfield?
The cheapest apartment in Deerfield is Wellington Park Apartments which is listed at $775, while the average apartment in Deerfield costs $1,341.
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 24 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 $1,102 which is $239 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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.