Cheap Apartments for Rent in the Gainesway Neighborhood of Lexington, KY from $600 (17 Rentals)

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

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Malabu Bridge Condos
1 Bedroom Apartments

Malabu Bridge Condos

828 Malabu DrLexington, KY 40502
  • Utilities Included
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Gainesway, Lexington, KY Local Guide

Cheapest Available Gainesway Apartments for Rent

 

The cheapest available apartment rental in the Gainesway area of Lexington, KY is a 1 Bed unit found at Tates Creek Village priced from $850. Landing at Malabu has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Gainesway apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850
Landing at Malabu852 Malabu - Newly-Renovated One Bedroom Apartm...1BR,1BA$895
HideawaySudioStudio,1BA$940
Lansdowne ApartmentsLarge 1BR/1BA1BR,1BA$940
The MetropolitanWoodford1BR,1BA$966

Best Value Apartments for Rent in Gainesway, KY

As of November 09, 2025 the best value apartment in the Gainesway area is the $1.16 price per square foot 2 Bedroom 1.5 Bath Den Model at Tates Creek Crossings in the in the The Meadows At Brannon Crossing neighborhood starting from $1,222. The second greatest value Gainesway apartment is the The Arlington Model at Saddlebrook at Tates Creek starting at $1,385 with a $1.40 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Gainesway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tates Creek Crossings2 Bedroom 1.5 Bath Den2BR,1.5BA$1.16
Saddlebrook at Tates CreekThe Arlington1BR,1.5BA$1.40
Lansdowne ApartmentsLarge 2BR/1BA2BR,1BA$1.51
The MetropolitanWoodford1BR,1BA$1.36
Canter PointeAffirmed - 1x11BR,1BA$1.46
Landing at Tates CreekNewly Remodeled! 1 Bed, 1 Bath Apartments1BR,1BA$1.67
Breckinridge Court1 Bed 1 Bath 675 sf (a2)1BR,1BA$1.45
Park Thirty991 Bedroom 1 Bathroom1BR,1BA$1.48
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$1.37
Landing at Malabu852 Malabu - Newly-Renovated One Bedroom Apartm...1BR,1BA$1.75

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Pet Friendly Lifestyle
Gainesway, Lexington, KY

Ranked #48

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Gainesway, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Gainesway, Lexington, and the greater Lexington area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Gainesway Apartments

What is a cheap apartment in Gainesway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gainesway is under $1,145.

What is the price of a cheap apartment in Gainesway?

The cheapest apartment in Gainesway is Tates Creek Village which is listed at $850, while the average apartment in Gainesway costs $1,750.

What types of apartments are the cheapest in Gainesway?

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 10 regular apartments in Gainesway 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 Gainesway?

Cheap apartments in Gainesway have an average cost of $257 which is $1,493 cheaper than the average rent for all rentals in Gainesway.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.