Cheap Apartments for Rent in the Gainesway Neighborhood of Lexington, KY from $600 (16 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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property at 421 Redding Rd

$895 - $1,150

1 To 2 Bedroom Rentals

Available Now

421 Redding Rd

LexingtonKY40517
Showing Results 1-16, Page 1 of 1

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. Tates Creek Crossings has the second lowest priced unit, which is a 2 Beds apartment currently listed from $917. 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
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$917
The MetropolitanWoodford1BR,1BA$926
Lansdowne ApartmentsLarge 1BR/1BA1BR,1BA$940
Landing at MalabuMalabu Flat 8481BR,1BA$945

Best Value Apartments for Rent in Gainesway, KY

As of January 03, 2026 the best value apartment in the Gainesway area is the $1.18 price per square foot 2 Bedroom 1.5 Bath Model at Tates Creek Crossings in the in the The Meadows At Brannon Crossing neighborhood starting from $1,088. The second greatest value Gainesway apartment is the 2 Bd 2 Bth 858 sf (b1) Model at Breckinridge Court starting at $1,265 with a $1.47 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 Bath2BR,1.5BA$1.18
Breckinridge Court2 Bd 2 Bth 858 sf (b1)2BR,2BA$1.47
Lansdowne ApartmentsLarge 2BR/1BA2BR,1BA$1.51
The MetropolitanWoodford1BR,1BA$1.31
Canter PointeAffirmed - 1x11BR,1BA$1.36
Chinoe CreekThe Calumet1BR,1BA$1.83
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$1.37
Merrick PlaceThe Ashland1BR,1BA$2.11
Landing at MalabuMalabu Flat 8481BR,1BA$1.65
Creeks on KirklevingtonThe ElkhornStudio ,1BA$2.20

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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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 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 $255 which is $1,495 cheaper than the average rent for all rentals in Gainesway.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.