Cheap Homes for Rent in Green Acres Neighborhood of Lexington, KY from $900 (6 Rentals)

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

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.

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.

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. Alcove at Russell has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. 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
Alcove at Russell1 Bedroom1BR,1BA$1,075
The Paddock ApartmentsOne Bedroom1BR,1BA$1,125

Best Value Apartments for Rent in Green Acres, KY

As of May 24, 2026 the best value apartment in the Green Acres area is the $1.21 price per square foot 2 Bedroom 2 Bath Model at Alcove at Russell Cave in the in the Winburn neighborhood starting from $1,293. The second greatest value Green Acres apartment is the Maple Model at FIFTEEN51 Apartments of Lexington starting at $1,799 with a $1.76 price per square foot in the Winburn 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.
Alcove at Russell Cave2 Bedroom 2 Bath2BR,2BA$1.21
FIFTEEN51 Apartments of LexingtonMaple2BR,2BA$1.76
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Alcove at Russell1 Bedroom1BR,1BA$1.43
The Dawn Run ApartmentsStudio XLStudio ,1BA$1.32
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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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.

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Pet Friendly Lifestyle
Green Acres, Lexington, KY

Ranked #69

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Green Acres

What type of rentals are currently available in Green Acres?

There are currently 135 Apartments for Rent in Green Acres, KY with pricing that ranges from $625 to $2,200. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Green Acres ranging from $950 to $3,800.

What is the current price range for Rental Homes in Green Acres?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Green Acres ranges from $950 to $3,800 with an average monthly rent of $1,899.

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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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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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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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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.