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1 to 3 Bedroom Apartments
330 Newtown Apartments
330 Newtown PikeLexington, KY 40508
Cheap Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY from $495 (78 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown Lexington area of Lexington.
528 Booker St
LexingtonKY40508
445 Davidson Ct
LexingtonKY40508
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1 Bedroom Apartments
1340 Royalty Court
1340 Royalty CtLexington, KY 40504
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1 Bedroom Apartments
Rose Tower Apartments
137 Rose StLexington, KY 40507
557 N Limestone
LexingtonKY40508
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Studio to 1 Bedroom Apartments
Central Christian Church Apartments
249 E Short StLexington, KY 40507
Downtown Lexington - One of the Best Affordable Neighborhoods in Lexington
Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!
566 N Martin Luther King Blvd
LexingtonKY40508
531 Smith St
LexingtonKY40508
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2 to 4 Bedroom Apartments
University Flats
1160 University DrLexington, KY 40526
529 Smith St
LexingtonKY40508
335 American Ave
LexingtonKY40503
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1 to 2 Bedroom Apartments
Lincoln Terrace Apartments
536 Georgetown StLexington, KY 40508
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1 Bedroom Apartments
524 W Third St
524 W Third StLexington, KY 40508
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.
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1 to 4 Bedroom Apartments
Preserve Lexington
845 Red Mile RdLexington, KY 40504
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1 Bedroom Apartments
Medical Villas
180 Leader AveLexington, KY 40508
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2 Bedroom Apartments
Kampus Townhouses
429-460 E Euclid AveLexington, KY 40508
770 Maple Ave
LexingtonKY40508
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2 Bedroom Apartments
Kampus Park
400 Transylvania ParkLexington, KY 40508
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2 Bedroom Apartments
271 Lexington Ave
271 Lexington AveLexington, KY 40508
493 Bob O Link Dr
LexingtonKY40503
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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Studio to 1 Bedroom Apartments
620 N Limestone
620 N LimestoneLexington, KY 40508
409 Roosevelt Blvd
LexingtonKY40508
405 Roosevelt Blvd
LexingtonKY40508
443 Hawkins Ave
LexingtonKY40508
401 Springhill Dr
LexingtonKY40503
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4 to 5 Bedroom Apartments
Red Mile Square Townhomes
1125 Unity DrLexington, KY 40504
901 N Limestone
LexingtonKY40505
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.
Showing Results 51-78, Page 2 of 2
Downtown Lexington, Lexington, KY Local Guide
How much does it cost to rent an apartment in Downtown Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lexington Studio Apartments | $1,357 | $935 | $1,855 |
| Downtown Lexington 1 Bedroom Apartments | $1,375 | $765 | $3,237 |
| Downtown Lexington 2 Bedroom Apartments | $1,526 | $895 | $2,632 |
| Downtown Lexington 3 Bedroom Apartments | $1,426 | $995 | $2,450 |
| Downtown Lexington 4 Bedroom Apartments | $1,346 | $799 | $2,900 |
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 78 rentals with your search options within a 2 mile radius of the Downtown Lexington Neighborhood of Lexington, KY.
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Frequently Asked Questions about Cheap Downtown Lexington Apartments
What is a cheap apartment in Downtown Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lexington is under $1,133.
What is the price of a cheap apartment in Downtown Lexington?
The cheapest apartment in Downtown Lexington is Meadowthorpe Landing - Senior Housing which is listed at $770, while the average apartment in Downtown Lexington costs $1,419.
What types of apartments are the cheapest in Downtown Lexington?
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 28 regular apartments in Downtown Lexington 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 Downtown Lexington?
Cheap apartments in Downtown Lexington have an average cost of $1,096 which is $323 cheaper than the average rent for all rentals in Downtown Lexington.
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
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.