1901 Nicholasville Rd
LexingtonKY40503
Cheap Homes for Rent in Deerfield Neighborhood of Lexington, KY from $1,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Deerfield 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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$1,620Studio Apartments Available Now
Furnished Studio-Lexington - Nicholasville Road
2650 Wilhite DrLexington, KY 40503
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.
246 Medlock Rd
LexingtonKY40517
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Deerfield, Lexington, KY Local Guide
How much does it cost to rent a home in Deerfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield 2 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Deerfield 3 Bedroom Homes for Rent | $2,167 | $1,795 | $2,500 |
| Deerfield 4 Bedroom Homes for Rent | $3,250 | $2,300 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Deerfield Neighborhood of Lexington, KY.
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Deerfield, Lexington, KY Local Guide
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Best Value Apartments for Rent in Deerfield, KY
As of June 08, 2026 the best value apartment in the Deerfield area is the $1.46 price per square foot C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,776. The second greatest value Deerfield apartment is the 3 Bedroom 1 Bath Model at Vetra Lexington starting at $1,299 with a $1.34 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. |
|---|---|---|---|
| Bridle Creek Apartments | C1 University - 3br - Three Bedroom, Two Bathroom | 3BR,2BA | $1.46 |
| Vetra Lexington | 3 Bedroom 1 Bath | 3BR,1BA | $1.34 |
| Breckinridge Court | 2 Bd 2 Bth 858 sf (b1) | 2BR,2BA | $1.37 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| The Colony at the Oaks | The Willow | 1BR,1BA | $1.44 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.20 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.36 |
| Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $1.25 |
| The Callaway | 1x1-A | 1BR,1BA | $1.34 |
| 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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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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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 #10
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Deerfield
What type of rentals are currently available in Deerfield?
There are currently 73 Apartments for Rent in Deerfield, KY with pricing that ranges from $745 to $11,680. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerfield ranging from $1,450 to $4,200.
What is the current price range for Rental Homes in Deerfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deerfield ranges from $1,450 to $4,200 with an average monthly rent of $2,289.
How much are larger Three and Four Bedroom Rentals in Deerfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Deerfield range from $1,035 to $3,491, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,770.
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
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.
The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
Articles, How-To's, and Tips
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.
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.
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.
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.