562 Woodland Ave
LexingtonKY40508
Cheap Studio Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY from $875 (17 Rentals)
close
View Me
$935Studio Apartments Available Now
The Studios at Belmont - MAJOR UTILITIES INCL
333 Legion DrLexington, KY 40504
close
View Me
$970 - $1,020Studio Apartments Available Now
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
close
View Me
$1,000Studio Apartments Available Now
MXWL
201 E Maxwell StLexington, KY 40508
close
View Me
$1,195 - $1,795
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,795
Total Monthly Price
$1,195 - $1,795
Studios180 - Short/Long Term Leases
180 N Martin Luther King BlvdLexington, KY 40507
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.
close
View Me
$1,255 - $1,855
Total Monthly Price
Studio Apartments Available Aug 19Total Monthly Price
Base Rent
$1,255 - $1,995
Total Monthly Price
$1,255 - $1,995
Studios340 - All Inclusive Pricing
340 Legion DrLexington, KY 40504
close
View Me
$1,299 - $1,593
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,299 - $3,695
Total Monthly Price
$1,299 - $3,695
Park Plaza Apartments
120 E Main StLexington, KY 40507
close
View Me
$1,350 - $1,380Studio Apartments Available Now
Gateway Lofts Lexington
380 Virginia AveLexington, KY 40504
close
View Me
Studio Apartments
Stonehurst Studios
256 Lyndhurst PlLexington, KY 40508
close
View Me
Studio Apartments
Imperial Studio Apartments
381 Elaine DrLexington, KY 40504
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
Studio Apartments
Kampus Terraces
317 Transylvania ParkLexington, KY 40508
close
View Me
Studio Apartments
Kampus Heights
350 Linden WalkLexington, KY 40508
close
View Me
Studio Apartments
Bluegrass Commons
165 Virginia AveLexington, KY 40508
close
View Me
Studio Apartments
Arlington Lofts
1001-1021 N Limestone StLexington, KY 40505
close
View Me
Studio Apartments
562 Woodland Ave
562 Woodland AveLexington, KY 40508
The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent
Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.
close
View Me
Studio Apartments
Central Christian Church Apartments
249 E Short StLexington, KY 40507
close
View Me
Studio Apartments
620 N Limestone
620 N LimestoneLexington, KY 40508
Showing Results 1-17, Page 1 of 1
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 | $1,332 | $875 | $1,855 |
| Downtown Lexington 1 Bedroom Apartments | $1,360 | $700 | $2,486 |
| Downtown Lexington 2 Bedroom Apartments | $1,525 | $895 | $2,632 |
| Downtown Lexington 3 Bedroom Apartments | $1,179 | $1,000 | $1,875 |
| Downtown Lexington 4 Bedroom Apartments | $1,354 | $739 | $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 17 rentals with your search options within a 2 mile radius of the Downtown Lexington Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Downtown Lexington, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read Article
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.
Read ArticleQuick 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 Downtown Lexington area?
If you’re an expert on all things Downtown Lexington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $1,171.
What is the price of a cheap apartment in Downtown Lexington?
The cheapest apartment in Downtown Lexington is 562 Woodland Ave which is listed at $875, while the average apartment in Downtown Lexington costs $3,345.
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 $1,097 which is $2,248 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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.