Cheap Apartments for Rent in the Gainesway Neighborhood of Lexington, KY from $600 (53 Rentals)

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

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers

Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent

Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.

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Lakewood Park Apartments
Rent Specials
$1,419 - $1,979
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $1,979
Total Monthly Price
$1,419 - $1,979
1 to 3 Bedroom Apartments Available Now

Lakewood Park Apartments

495 Laketower DrLexington, KY 40502
Corporate Housing
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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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Malabu Bridge Condos
1 Bedroom Apartments

Malabu Bridge Condos

828 Malabu DrLexington, KY 40502
  • Utilities Included
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Merrick Place
1 to 3 Bedroom Apartments

Merrick Place

3260 Commodore DrLexington, KY 40502
  • Utilities Included
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Chinoe Creek
1 to 2 Bedroom Apartments

Chinoe Creek

3522 Creekwood DrLexington, KY 40502

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 Lansdowne Apartments priced from $865. Rivers at Bluegrass has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Gainesway apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$865
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$900
Lexington SquareCypress1BR,1BA$912
Canter PointeAffirmed - 1x11BR,1BA$975
Brandywine1 Bed1BR,1BA$995
ElementThe Keeneland1BR,1BA$999
Crescent at Shadeland Apartments1BR/1.0BA1BR,1BA$999
Park Thirty991 Bedroom 1 Bathroom1BR,1BA$999
Prime Apartments1 Bed1BR,1BA$1,005
The MetropolitanWoodford1BR,1BA$1,018

Best Value Apartments for Rent in Gainesway, KY

As of July 26, 2026 the best value apartment in the Gainesway area is the $1.31 price per square foot Stretch Out and Settle In To This 3 Bedroom, 2 ... Model at Barrel Oaks Apartments in the in the Stonewall Community neighborhood starting from $1,399. The second greatest value Gainesway apartment is the 2 Bed, 1.5 Bath Townhome Model at Mt. Tabor Apartments starting at $1,389 with a $1.39 price per square foot in the Boone Creek 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.
Barrel Oaks ApartmentsStretch Out and Settle In To This 3 Bedroom, 2 ...3BR,2BA$1.31
Mt. Tabor Apartments2 Bed, 1.5 Bath Townhome2BR,1.5BA$1.39
Brandywine2 Bed Small2BR,2BA$1.37
The Callaway2x1-A2BR,1BA$1.31
Breckinridge Court2 Bd 2 Bth 858 sf (b1)2BR,2BA$1.34
Lexington SquarePecan1BR,1BA$1.31
Hideaway1 Bedroom 1 Bathroom1BR,1BA$1.41
The Colony at the OaksThe Willow1BR,1BA$1.38
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$1.20
Canter PointeAffirmed - 1x11BR,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.

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Real 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.

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Quick Rent Budget Calculator

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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 #8

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

Pet Friendliness Lifestyle Score

4.0
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 Cheapest Studio apartment in Gainesway?

Currently the most affordable Cheap Studio Apartment in Gainesway is at The Studios at Patchen - FREE Utilities listed at $1,025.

How much is rent for a Cheap One Bedroom Gainesway Apartment?

The lowest price for a Cheap One Bedroom Gainesway Apartment is $865 at Lansdowne Apartments.

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 Barrel Oaks Apartments and starts from $1,399.

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

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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.

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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.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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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.

Articles, How-To's, and Tips

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.