Cheap Apartments for Rent in the Highlands Neighborhood of Lexington, KY from $600 (16 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Wood Edge Villas
1 to 3 Bedroom Apartments

Wood Edge Villas

2781 Jacquelyn LnLexington, KY 40511
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
  • Utilities Included
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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
  • Utilities Included

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.

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Fox Run Apartments
1 to 3 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
  • Utilities Included

Highlands, Lexington, KY Local Guide

Cheapest Available Highlands Apartments for Rent

 

The cheapest available apartment rental in the Highlands area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. Ferrill Square Apartments - 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here are the most affordable Highlands apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$854
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$870
FIFTEEN51 Apartments of LexingtonBarrelStudio,1BA$1,339
Emerald Twenty Four3 BR Apt.3BR,2BA$1,714

Best Value Apartments for Rent in Highlands, KY

As of July 31, 2025 the best value apartment in the Highlands 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 Highlands apartment is the 201 Price Rd Model at 201 Price Rd, Unit Apt 223 starting at $1,375 with a $1.22 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Twenty Four3 BR Apt w/1 car garage3BR,2BA$1.35
201 Price Rd, Unit Apt 223201 Price Rd1BR,1BA$1.22
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$1.19
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.29
FIFTEEN51 Apartments of LexingtonBarrelStudio ,1BA$2.67

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Frequently Asked Questions about Cheap Highlands Apartments

What is the price of a cheap apartment in Highlands?

The cheapest apartment in Highlands is Caballo Crossing which is listed at $700, while the average apartment in Highlands costs $1,797.

How do the prices of cheap apartments compare to the average apartment in Highlands?

Cheap apartments in Highlands have an average cost of $152 which is $1,645 cheaper than the average rent for all rentals in Highlands.

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.

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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 Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.