Cheap Homes for Rent in East Lexington Neighborhood of Lexington, KY from $700 (6 Rentals)

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

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.

property at 1135 Cooper Dr

1135 Cooper Dr

LexingtonKY40502

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Apartments - Recently Remodeled!Medium 1 Bedroom1BR,1BA$845

Best Value Apartments for Rent in East Lexington, KY

As of June 13, 2025 the best value apartment in the East Lexington area is the $1.15 price per square foot Three Bedroom Model at Alcove at Russell in the in the Winburn neighborhood starting from $1,488. The second greatest value East Lexington apartment is the Euclid Model at MidTown Apartments starting at $1,570 with a $1.84 price per square foot in the Montclair 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.
Alcove at RussellThree Bedroom3BR,2BA$1.15
MidTown ApartmentsEuclid2BR,2BA$1.84
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Revive 1749 - All Utilities Incl2BR/1.0BA2BR,1BA$1.31
Double Tree Apartments2 Bedroom Traditional-Renovated2BR,1BA$1.11
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$0.93
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$1.40
The Landing at LexLand1.11BR,1BA$1.10
Shorelake Apartments - Recently Remodeled!Medium 1 Bedroom1BR,1BA$1.32
BelleFontaine Apartment Homes1-11BR,1BA$1.60

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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 $3,347. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lexington ranging from $700 to $3,500.

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 $700 to $3,500 with an average monthly rent of $1,628.

How much are larger Three and Four Bedroom Rentals in East Lexington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Lexington range from $875 to $2,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,599 and Four Bedroom Apartments start at $2,450.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.