1435 N Forbes Rd
LexingtonKY40511
Cheap Homes for Rent in Highlands Neighborhood of Lexington, KY from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Highlands area of Lexington.
537 Asbury Ln
LexingtonKY40511
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.
915 Whitney Ave
LexingtonKY40508
234 Broadview Dr
LexingtonKY40505
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.
1840 Costigan Dr
LexingtonKY40511
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Highlands, Lexington, KY Local Guide
How much does it cost to rent a home in Highlands?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highlands 2 Bedroom Homes for Rent | $1,295 | $1,295 | $1,295 |
| Highlands 3 Bedroom Homes for Rent | $1,798 | $1,295 | $2,295 |
| Highlands 4 Bedroom Homes for Rent | $2,578 | $1,945 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Highlands Neighborhood of Lexington, KY.
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Highlands, Lexington, KY Local Guide
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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. Caballo Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $858. Here are the most affordable Highlands apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $858 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $885 |
Best Value Apartments for Rent in Highlands, KY
As of April 15, 2026 the best value apartment in the Highlands area is the $1.47 price per square foot 2609 Bourbon Walk Model at Citation Lofts in the in the St. Martins Village neighborhood starting from $2,200. The second greatest value Highlands apartment is the Rye Model at FIFTEEN51 Apartments of Lexington starting at $1,999 with a $1.78 price per square foot in the Winburn neighborhood. Here is today’s list of the best values for Highlands apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Citation Lofts | 2609 Bourbon Walk | 2BR,2BA | $1.47 |
| FIFTEEN51 Apartments of Lexington | Rye | 2BR,2BA | $1.78 |
| Ashton Park Apartments | Acacia | 2BR,2BA | $1.52 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
| Gated Villa Apartments at Kearney | 1 BR / 1 BA | 1BR,1BA | $1.49 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $1.21 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
| Emerald Twenty Four | Studio | Studio ,1BA | $2.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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Pet Friendly LifestyleHighlands, Lexington, KY
Ranked #77
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Highlands, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Highlands
What type of rentals are currently available in Highlands?
There are currently 69 Apartments for Rent in Highlands, KY with pricing that ranges from $730 to $2,200. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highlands ranging from $1,295 to $3,400.
What is the current price range for Rental Homes in Highlands?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Highlands ranges from $1,295 to $3,400 with an average monthly rent of $1,890.
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.
Articles, How-To's, and Tips
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.
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.