
Cheap Homes for Rent in East Lexington Neighborhood of Lexington, KY from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the East Lexington area of Lexington.


168 Woodland Ave

633 Ohio St

1833 1/2 Marietta Dr

426 E Fifth St

356 Radcliffe Rd
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.

811 Shelby Ave

246 Warnock St

419 E Fifth St

801 Marcellus Dr

653 Jackson St

537 Asbury Ln
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.

161 E Loudon Ave
East Lexington, Lexington, KY Local Guide

How much does it cost to rent a home in East Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Lexington 2 Bedroom Homes for Rent | $1,434 | $950 | $3,300 |
| East Lexington 3 Bedroom Homes for Rent | $1,784 | $1,295 | $2,800 |
| East Lexington 4 Bedroom Homes for Rent | $2,715 | $1,600 | $3,500 |
| East Lexington 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| East Lexington 6 Bedroom Homes for Rent | $4,150 | $3,800 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the East Lexington Neighborhood of Lexington, KY.
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East Lexington, Lexington, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $745 |
| The Dawn Run Apartments | Studio XL | Studio,1BA | $790 |
| Townhomes & Flats at Fontaine | Building C | Studio,1BA | $825 |
| The Ascent1555 | Renovated Studio | Studio,1BA | $925 |
Best Value Apartments for Rent in East Lexington, KY
As of May 24, 2026 the best value apartment in the East Lexington area is the $1.21 price per square foot 2 Bedroom 2 Bath Model at Alcove at Russell Cave in the in the Winburn neighborhood starting from $1,293. The second greatest value East Lexington apartment is the 2 Bedroom Deluxe-Renovated Model at Double Tree Apartments starting at $1,035 with a $1.18 price per square foot in the Shriners neighborhood. Here is today’s list of the best values for East Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Alcove at Russell Cave | 2 Bedroom 2 Bath | 2BR,2BA | $1.21 |
| Double Tree Apartments | 2 Bedroom Deluxe-Renovated | 2BR,1BA | $1.18 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1.43 |
| Prime Hamburg Apartments | Elite 1 BR | 1BR,1BA | $1.31 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.34 |
| Lexington Square | Cypress | 1BR,1BA | $1.57 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $1.10 |
| The Dawn Run Apartments | Studio XL | Studio ,1BA | $1.32 |
| BelleFontaine Apartment Homes | 1-1 | 1BR,1BA | $1.60 |
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 ArticleReal 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.
Best Local Schools in East Lexington, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about East Lexington
What type of rentals are currently available in East Lexington?
There are currently 300 Apartments for Rent in East Lexington, KY with pricing that ranges from $625 to $2,121. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lexington ranging from $850 to $4,500.
What is the current price range for Rental Homes in East Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lexington ranges from $850 to $4,500 with an average monthly rent of $2,298.
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

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
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I'm Catrina, your ApartmentHomeLiving.

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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.