
Cheap Apartments for Rent in the Georgetown Neighborhood of Lexington, KY from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Georgetown area of Lexington.


Rosetown Apartments

524 & 525 Angliana

Meadowthorpe Landing - Senior Housing

Preakness Apartments

Kampus Properties STUDENT HOUSING - 2024-'25
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.

1005 N Broadway

921 N Broadway

Ferrill Square Apartments - 55+ Community

Davis Park Station

Westchester on the Circle - NO VACANCY

Senior Housing 55+ - Christian Towers II
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.

Victory Point Apartments & Townhomes
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Woodland Park Apartments - UTILITIES INCLUDED
Navigating 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.

Westminster Village - Affordable Housing
Georgetown, Lexington, KY Local Guide

How much does it cost to rent an apartment in Georgetown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Georgetown Studio Apartments | $1,381 | $795 | $1,745 |
Georgetown 1 Bedroom Apartments | $1,386 | $700 | $3,997 |
Georgetown 2 Bedroom Apartments | $1,800 | $800 | $5,252 |
Georgetown 3 Bedroom Apartments | $1,838 | $875 | $7,431 |
Georgetown 4 Bedroom Apartments | $760 | $739 | $774 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Georgetown Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Georgetown, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Georgetown Apartments for Rent
 The cheapest available apartment rental in the Georgetown area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. Oxford Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Georgetown apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
Oxford Circle | oxf 1.1 | 1BR,1BA | $735 |
524 & 525 Angliana | 524: 4 Bed - 4 Bath | 4BR,4BA | $739 |
Preakness Apartments | P11 | 1BR,1BA | $750 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $854 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $900 |
Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
The Paddock Apartments | One Bedroom | 1BR,1BA | $1,125 |
Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,160 |
Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Georgetown, KY
As of July 11, 2025 the best value apartment in the Georgetown area is the $1.35 price per square foot 3 BR Apt w/1 car garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,880. The second greatest value Georgetown apartment is the Two Bedroom Model at The Stretch starting at $865 with a $0.88 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for Georgetown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Emerald Twenty Four | 3 BR Apt w/1 car garage | 3BR,2BA | $1.35 |
The Stretch | Two Bedroom | 2BR,2BA | $0.88 |
Signature | The Secretariat | 2BR,2BA | $1.13 |
Yugo Lexington Campus Court | 2 Bed, 2 Bath Standard | 2BR,2BA | $0.89 |
The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
Townley Park Apartments | Savannah | 2BR,2BA | $1.67 |
Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $0.93 |
Preakness Apartments | P11 | 1BR,1BA | $1.12 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.29 |
Oxford Circle | oxf 1.1 | 1BR,1BA | $1.32 |
Quick 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 LifestyleGeorgetown, Lexington, KY
Ranked #45
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Georgetown, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Lexington. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Georgetown Neighborhood in Lexington, KY
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Georgetown Apartments
What is a cheap apartment in Georgetown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Georgetown is under $1,195.
What is the price of a cheap apartment in Georgetown?
The cheapest apartment in Georgetown is Caballo Crossing which is listed at $700, while the average apartment in Georgetown costs $1,724.
What types of apartments are the cheapest in Georgetown?
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 18 regular apartments in Georgetown 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 Georgetown?
Cheap apartments in Georgetown have an average cost of $617 which is $1,107 cheaper than the average rent for all rentals in Georgetown.
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.

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.

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.

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.

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.