Cheap Studio Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY from $825 (10 Rentals)

The Studios at Belmont - MAJOR UTILITIES INCL
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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 | $1,326 | $825 | $2,003 |
Downtown Lexington 1 Bedroom Apartments | $1,233 | $610 | $2,060 |
Downtown Lexington 2 Bedroom Apartments | $1,340 | $854 | $2,885 |
Downtown Lexington 3 Bedroom Apartments | $1,546 | $899 | $2,625 |
Downtown Lexington 4 Bedroom Apartments | $1,338 | $739 | $2,780 |
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Downtown Lexington, Lexington, KY Local Guide
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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.
Pet Friendly LifestyleDowntown Lexington, Lexington, KY
Ranked #45
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Lexington, Lexington, KY
School data provided by Great Schools
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 $1,095.
What is the price of a cheap apartment in Downtown Lexington?
The cheapest apartment in Downtown Lexington is 515 S Upper St which is listed at $825, while the average apartment in Downtown Lexington costs $3,680.
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 37 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 $1,575 which is $2,105 cheaper than the average rent for all rentals in Downtown Lexington.
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.

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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.

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