149 Regency Point Path
LexingtonKY40503
Cheap Homes for Rent in Deerfield Neighborhood of Lexington, KY from $1,900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Deerfield area of Lexington.
2457 Eastway Dr
LexingtonKY40503
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.
305 Hightower Rd
LexingtonKY40517
2346 Heather Way
LexingtonKY40503
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.
2580 Millbrook Dr
LexingtonKY40503
Showing Results 1-5, Page 1 of 1
Deerfield, Lexington, KY Local Guide
How much does it cost to rent a home in Deerfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield 3 Bedroom Homes for Rent | $2,337 | $1,900 | $2,900 |
| Deerfield 4 Bedroom Homes for Rent | $2,250 | $2,000 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Deerfield Neighborhood of Lexington, KY.
Explore Lexington
Deerfield, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Crescent at Shadeland Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $819. 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 |
| Crescent at Shadeland Apartments | 0BR/1.0BA | Studio,1BA | $819 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $825 |
Best Value Apartments for Rent in Deerfield, KY
As of June 22, 2025 the best value apartment in the Deerfield area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Deerfield apartment is the The Oakland Model at Saddlebrook at Tates Creek starting at $1,603 with a $1.32 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. |
|---|---|---|---|
| Tates Creek Village | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
| Saddlebrook at Tates Creek | The Oakland | 2BR,2BA | $1.32 |
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.28 |
| The Stretch | Two Bedroom | 2BR,2BA | $0.88 |
| Canter Pointe | Secretariat - 2x2 | 2BR,2BA | $1.21 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.15 |
| Park Thirty99 | 2 Bedrooms 2 Bathrooms | 2BR,2BA | $1.15 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.30 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
Quick Rent Budget Calculator
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.
Let everyone know!
Do you know the Deerfield area?
If you’re an expert on all things Deerfield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Deerfield
What type of rentals are currently available in Deerfield?
There are currently 71 Apartments for Rent in Deerfield, KY with pricing that ranges from $610 to $3,971. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerfield ranging from $1,900 to $2,900.
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 $1,900 to $2,900 with an average monthly rent of $2,293.
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 $950 to $3,971, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,450.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.