Cheap Apartments for Rent in the Highlands Neighborhood of Lexington, KY from $600 (15 Rentals)

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

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Wood Edge Villas
1 to 3 Bedroom Apartments

Wood Edge Villas

2781 Jacquelyn LnLexington, KY 40511
  • Utilities Included
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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

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Fox Run Apartments
Studio 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 Ferrill Square Apartments - 55+ Community priced from $806. Kearney Ridge - Affordable Housing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,033. Here are the most affordable Highlands apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$806
Kearney Ridge - Affordable HousingTwo Bedroom2BR,2BA$1,033
Townley Park ApartmentsChurchill2BR,2BA$1,335
FIFTEEN51 Apartments of LexingtonBarrelStudio,1BA$1,359
Emerald Twenty Four3 BR Townhome + Garage3BR,2BA$1,909

Best Value Apartments for Rent in Highlands, KY

As of September 14, 2025 the best value apartment in the Highlands area is the $1.27 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,909. The second greatest value Highlands apartment is the Three Bedroom Model at Kearney Ridge - Affordable Housing starting at $1,240 with a $1.17 price per square foot in the Highlands 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 Townhome + Garage3BR,2.5BA$1.27
Kearney Ridge - Affordable HousingThree Bedroom3BR,2BA$1.17
Townley Park ApartmentsChurchill2BR,2BA$1.57
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22
FIFTEEN51 Apartments of LexingtonBarrelStudio ,1BA$2.71

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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 Ferrill Square Apartments - 55+ Community which is listed at $806, while the average apartment in Highlands costs $1,797.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.