Cheap Apartments for Rent in the East Lexington Neighborhood of Lexington, KY from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Lexington area of Lexington.

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.

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Idle Hour Villas
1 Bedroom Apartments

Idle Hour Villas

2129-2213 Coburn BlvdLexington, KY 40502

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.

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Hartford Place
Studio to 2 Bedroom Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
  • Utilities Included
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Lakeview Estates
1 to 2 Bedroom Apartments

Lakeview Estates

164 Lakeshore DrLexington, KY 40502
  • Utilities Included
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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Heritage Hills
1 to 2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
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Covington Place
2 to 3 Bedroom Apartments

Covington Place

2400 Woodhill DrLexington, KY 40509
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Parkway Manor
1 to 3 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
  • Utilities Included
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
  • Utilities Included
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Forest View Apartments
1 to 2 Bedroom Apartments

Forest View Apartments

2035 Altamont CtLexington, KY 40502
  • Utilities Included

East Lexington, Lexington, KY Local Guide

Cheapest Available East Lexington Apartments for Rent

 

The cheapest available apartment rental in the East Lexington area of Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes priced from $685. The Landing at Lex has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable East Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
The Landing at LexLand1.11BR,1BA$745
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$895
Eastland Hills ApartmentsElite 1 BR1BR,1BA$900
Rosetown ApartmentsTwo Bedroom2BR,1BA$900
The Dawn Run Apartments2x1 SM2BR,1BA$920
Double Tree Apartments2 Bedroom2BR,1BA$935
Rose Tower ApartmentsOne Bedroom1BR,1BA$950
Revive 1749 - All Utilities Incl1BR/1.0BA1BR,1BA$975

Best Value Apartments for Rent in East Lexington, KY

As of September 17, 2025 the best value apartment in the East Lexington area is the $1.57 price per square foot B1 Justify - 2 Bedroom, 2 Bathroom Model at 1809 at Winchester in the in the Liberty Area neighborhood starting from $1,667. The second greatest value East Lexington apartment is the Classic Model at Townhomes & Flats at Fontaine starting at $1,245 with a $1.31 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for East Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1809 at WinchesterB1 Justify - 2 Bedroom, 2 Bathroom2BR,2BA$1.57
Townhomes & Flats at FontaineClassic2BR,1.5BA$1.31
Double Tree Apartments2 Bedroom2BR,1BA$1.06
The Dawn Run Apartments2x12BR,1BA$1.20
Rosetown ApartmentsTwo Bedroom2BR,1BA$1.19
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$1.20
Eastland Hills ApartmentsElite 1 BR1BR,1BA$1.21
The Landing at LexLand1.11BR,1BA$1.10
Revive 1749 - All Utilities Incl1BR/1.0BA1BR,1BA$1.48
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$1.34

Quick Rent Budget Calculator

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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 Lifestyle
East Lexington, Lexington, KY

Ranked #49

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Kentucky including East Lexington, Lexington, and the greater Lexington area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the East Lexington Neighborhood in Lexington, KY

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap East Lexington Apartments

What is the Cheapest Studio apartment in East Lexington?

Currently the most affordable Cheap Studio Apartment in East Lexington is at BelleFontaine Apartment Homes listed at $685.

How much is rent for a Cheap One Bedroom East Lexington Apartment?

The lowest price for a Cheap One Bedroom East Lexington Apartment is $735 at BelleFontaine Apartment Homes.

What is the lowest price for a Cheap Two Bedroom East Lexington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Lexington is starting from $900 at Rosetown Apartments.

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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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.