
Cheap Homes for Rent in the East Lexington Neighborhood of Lexington, KY from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the East Lexington area of Lexington.


1809 Gerald Dr

311 Christy Allyn Ct

627 Silverleaf Dr
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.

633 Ohio St

265 N Limestone

523 1/2 Ohio St

1811 Dalton Ct
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.
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 | $1,133 | $795 | $1,450 |
| East Lexington 3 Bedroom Homes for Rent | $1,847 | $1,450 | $2,800 |
| East Lexington 4 Bedroom Homes for Rent | $2,350 | $1,695 | $3,200 |
| East Lexington 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Dawn Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. 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 Dawn Run Apartments | Studio XL | Studio,1BA | $790 |
| Valore at the Baxter | 1 Bed | 1 Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in East Lexington, KY
As of July 09, 2026 the best value apartment in the East Lexington area is the $1.00 price per square foot 2 Bedroom 1 Bath Model at Caballo Crossing in the in the Winburn neighborhood starting from $900. 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. |
|---|---|---|---|
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $1.00 |
| Double Tree Apartments | 2 Bedroom Deluxe-Renovated | 2BR,1BA | $1.18 |
| Revive 1749 - All Utilities Incl | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1.43 |
| Alcove at Russell Cave | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Prime Hamburg Apartments | Elite 1 BR | 1BR,1BA | $1.31 |
| Lexington Square | Cypress | 1BR,1BA | $1.30 |
| The Dawn Run Apartments | Studio XL | Studio ,1BA | $1.32 |
| Valore at the Baxter | 1 Bed | 1 Bath | 1BR,1BA | $1.34 |
| Courtside Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.39 |
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 296 Apartments for Rent in East Lexington, KY with pricing that ranges from $625 to $2,400. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lexington ranging from $750 to $3,200.
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 $750 to $3,200 with an average monthly rent of $1,825.
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
Written by: Catrina Cowart
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.

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.
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.