
Cheap Apartments for Rent in the Gainesway Neighborhood of Lexington, KY from $695 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gainesway area of Lexington.


3475 Pimlico Pkwy

Lansdowne Apartments

Tates Creek Crossings

1197 Appian Crossing Way

Breckinridge Court

The Metropolitan
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
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Landing at Malabu

Canter Pointe

Park Thirty99

Prime Apartments

Hideaway

Creeks on Kirklevington

The Reserve At Merrick
Rent According to Income: A Look at Income-Restricted Rentals
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3455 Pimlico Pkwy

Landing at Tates Creek

Saddlebrook at Tates Creek

Millcreek Apartments - BRAND NEW

Malabu Bridge Condos

Lakeside Manor Apartments -Affordable Housing

Forest Creek Apartments
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Merrick Place

Chinoe Creek

3411 Sutherland Dr

807 Malabu Dr

1138 Gainesway Dr

1351 Stephen Foster Dr

3479 Sutherland Dr
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

644 Sherard Cir
Gainesway, Lexington, KY Local Guide

How much does it cost to rent an apartment in Gainesway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gainesway Studio Apartments | $1,166 | $1,005 | $1,650 |
| Gainesway 1 Bedroom Apartments | $1,118 | $850 | $1,477 |
| Gainesway 2 Bedroom Apartments | $1,409 | $957 | $2,070 |
| Gainesway 3 Bedroom Apartments | $1,522 | $1,192 | $2,891 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Gainesway Neighborhood of Lexington, KY.
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Gainesway, Lexington, KY Local Guide
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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. Lansdowne Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here are the most affordable Gainesway apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $865 |
| Breckinridge Court | Studio 460 sf (st1) | 1BR,1BA | $980 |
| The Metropolitan | Woodford | 1BR,1BA | $982 |
| Landing at Malabu | Malabu Flat 852 | 1BR,1BA | $995 |
| Hideaway | Studio | Studio,1BA | $1,005 |
| Prime Apartments | 1 Bed | 1BR,1BA | $1,005 |
| Creeks on Kirklevington | The Calloway | 1BR,1BA | $1,095 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,108 |
| Landing at Tates Creek | 1 Bedroom Garden (686) | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Gainesway, KY
As of September 09, 2026 the best value apartment in the Gainesway area is the $1.25 price per square foot The Woodford Townhome Model at Merrick Place in the in the Lansdowne neighborhood starting from $2,295. The second greatest value Gainesway apartment is the Secretariat - 2x2 Model at Canter Pointe starting at $1,350 with a $1.42 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Merrick Place | The Woodford Townhome | 3BR,2.5BA | $1.25 |
| Canter Pointe | Secretariat - 2x2 | 2BR,2BA | $1.42 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.20 |
| Creeks on Kirklevington | The Ellicott | 2BR,1BA | $1.55 |
| Chinoe Creek | The Overbrook | 2BR,1BA | $1.61 |
| The Metropolitan | Woodford | 1BR,1BA | $1.39 |
| Landing at Tates Creek | 1 Bedroom Garden (686) | 1BR,1BA | $1.74 |
| Prime Apartments | 1 Bed | 1BR,1BA | $1.55 |
| Tates Creek Village | Studio | Studio ,1BA | $1.64 |
| Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $1.62 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Pet Friendly LifestyleGainesway, Lexington, KY
Ranked #47
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 the Cheapest Studio apartment in Gainesway?
Currently the most affordable Cheap Studio Apartment in Gainesway is at Tates Creek Village listed at $900.
How much is rent for a Cheap One Bedroom Gainesway Apartment?
The lowest price for a Cheap One Bedroom Gainesway Apartment is $850 at Tates Creek Village.
What is the lowest price for a Cheap Two Bedroom Gainesway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gainesway is starting from $1,065 at Lansdowne Apartments.
What is the most affordable Gainesway Three Bedroom Apartment?
The best deal on a cheap Gainesway Three Bedroom Apartment rental is at Tates Creek Crossings and starts from $1,192.
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

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.

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.

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

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.