
Cheap Homes for Rent in Georgetown Neighborhood of Lexington, KY from $700 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Georgetown area of Lexington.


168 Woodland Ave

633 Ohio St

811 Shelby Ave

653 Jackson St

419 E Fifth St

1029 St Martins Ave

152 E Fifth St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

163 Old Georgetown St, Unit 202

301 Thompson Rd

122 Fairlawn Ave

1072 Hudson Ave

405 Roosevelt Blvd

434 N Martin Luther King Blvd

409 Roosevelt Blvd

1861 Dunkirk Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

211 E Sixth St

1100 Horsemans Ln

425 Gibson Ave

125 Devonia Ave

444 N Broadway

752 Addison Ave

208 Linwood Dr

1885 Dunkirk Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Georgetown, Lexington, KY Local Guide

How much does it cost to rent a home in Georgetown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Georgetown 2 Bedroom Homes for Rent | $1,962 | $795 | $4,900 |
| Georgetown 3 Bedroom Homes for Rent | $1,745 | $1,450 | $2,400 |
| Georgetown 4 Bedroom Homes for Rent | $2,631 | $1,550 | $4,500 |
| Georgetown 5 Bedroom Homes for Rent | $4,100 | $2,800 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Georgetown Neighborhood of Lexington, KY.
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Georgetown, Lexington, KY Local Guide
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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 Preakness Apartments priced from $750. Meadowthorpe Landing - Senior Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Georgetown apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preakness Apartments | P11 | 1BR,1BA | $750 |
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $770 |
| Senior Housing 55+ - Christian Towers II | Standard | 1BR,1BA | $992 |
| Preserve Lexington | A1 | 1BR,1BA | $1,021 |
| Oxford Circle | oxf 1.1 | 1BR,1BA | $1,022 |
Best Value Apartments for Rent in Georgetown, KY
As of June 13, 2026 the best value apartment in the Georgetown area is the $1.16 price per square foot 3 bedroom townhome w garage Model at The Artisan in the in the Georgetown neighborhood starting from $1,924. The second greatest value Georgetown apartment is the 3 BR Townhome + Garage Model at Emerald Twenty Four starting at $1,936 with a $1.29 price per square foot in the Georgetown 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. |
|---|---|---|---|
| The Artisan | 3 bedroom townhome w garage | 3BR,2BA | $1.16 |
| Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.29 |
| Latitude Lexington | 525: 4 bed - 4.5 Bath | 4BR,4.5BA | $0.53 |
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1.43 |
| Alcove at Russell Cave | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Trifecta on Red Mile - Newly Renovated! | Trifecta on Red Mile - Two Bedroom | 2BR,1BA | $1.75 |
| Oxford Circle | oxf 1.1 | 1BR,1BA | $1.46 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $1.17 |
| Senior Housing 55+ - Christian Towers II | Standard | 1BR,1BA | $1.59 |
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 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.
Best Local Schools in Georgetown, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Georgetown
What type of rentals are currently available in Georgetown?
There are currently 393 Apartments for Rent in Georgetown, KY with pricing that ranges from $525 to $11,625. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Georgetown ranging from $795 to $5,000.
What is the current price range for Rental Homes in Georgetown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Georgetown ranges from $795 to $5,000 with an average monthly rent of $2,338.
How much are larger Three and Four Bedroom Rentals in Georgetown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Georgetown range from $1,000 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $739.
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

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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Articles, How-To's, and Tips

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.