Cheap Apartments for Rent in the Green Acres Neighborhood of Lexington, KY from $500 (30 Rentals)

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

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The Paddock Apartments
$1,195 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,345

Total Monthly Price
$1,195 - $1,345
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
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  • Customer Reviewed
  • Utilities Included
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Parkway Manor
1 to 3 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
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Imperial
1 to 3 Bedroom Apartments

Imperial

115 W Loudon AveLexington, KY 40508

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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
  • Utilities Included
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
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Fox Run Apartments
Studio to 3 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
  • Utilities Included

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

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524 W Third St
1 Bedroom Apartments

524 W Third St

524 W Third StLexington, KY 40508
  • Utilities Included
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Cottages of Laclede
2 to 3 Bedroom Apartments

Cottages of Laclede

268 Laclede AveLexington, KY 40505
  • Utilities Included

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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620 N Limestone
Studio to 1 Bedroom Apartments

620 N Limestone

620 N LimestoneLexington, KY 40508
Corporate Housing
  • Utilities Included
property at 616 Bellaire Ave

$1,300 - $1,590

1 To 2 Bedroom Rentals

Available Now

616 Bellaire Ave

LexingtonKY40508

Green Acres, Lexington, KY Local Guide

Cheapest Available Green Acres Apartments for Rent

 

The cheapest available apartment rental in the Green Acres area of Lexington, KY is a Studio unit found at The Dawn Run Apartments priced from $790. Imperial has the second lowest priced unit, which is a 3 Beds apartment currently listed from $796. Here are the most affordable Green Acres apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Dawn Run ApartmentsStudio XLStudio,1BA$790
Imperial3 Beds, 2 Baths3BR,2BA$796
Alcove at Russell1 Bedroom1BR,1BA$1,075
Alcove at Russell Cave1 Bedroom 1 Bath1BR,1BA$1,078
The Paddock ApartmentsOne Bedroom1BR,1BA$1,195
FIFTEEN51 Apartments of LexingtonBarrelStudio,1BA$1,374
The Charles at CoventryThe Whirlaway1BR,1BA$1,401
The Flats at 345Two Bedroom2BR,2BA$1,775
Artek Lofts2 Bed 1 Bath2BR,1BA$1,850

Best Value Apartments for Rent in Green Acres, KY

As of July 26, 2026 the best value apartment in the Green Acres area is the $0.83 price per square foot 3 Beds, 2 Baths Model at Imperial in the in the Northside Historic Residential neighborhood starting from $796. The second greatest value Green Acres apartment is the Two Bedroom Model at The Flats at 345 starting at $1,775 with a $1.88 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Green Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Imperial3 Beds, 2 Baths3BR,2BA$0.83
The Flats at 345Two Bedroom2BR,2BA$1.88
The Paddock ApartmentsOne Bedroom1BR,1BA$1.41
The Charles at CoventryThe Whirlaway1BR,1BA$1.76
Alcove at Russell1 Bedroom1BR,1BA$1.43
Alcove at Russell Cave1 Bedroom 1 Bath1BR,1BA$1.44
The Dawn Run ApartmentsStudio XLStudio ,1BA$1.32
FIFTEEN51 Apartments of LexingtonBarrelStudio ,1BA$2.74
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.36

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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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
Green Acres, Lexington, KY

Ranked #73

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Green Acres Apartments

What is a cheap apartment in Green Acres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Green Acres is under $1,850.

What is the price of a cheap apartment in Green Acres?

The cheapest apartment in Green Acres is Alcove at Russell which is listed at $1,075, while the average apartment in Green Acres costs $1,838.

What types of apartments are the cheapest in Green Acres?

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 5 regular apartments in Green Acres that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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