Cheap Homes for Rent in Highlands Neighborhood of Lexington, KY from $700 (6 Rentals)

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

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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 Studio unit found at Matador North Apartments priced from $800. Ferrill Square Apartments - 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here are the most affordable Highlands apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Matador North ApartmentsStudioStudio,1BA$800
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$806
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$858

Best Value Apartments for Rent in Highlands, KY

As of November 28, 2025 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 2 bedroom apt Model at The Artisan starting at $1,539 with a $1.29 price per square foot in the Georgetown 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.
Citation Lofts2609 Bourbon Walk2BR,2BA$1.47
The Artisan2 bedroom apt2BR,2BA$1.29
Gated Villa Apartments at KearneyTwo Bedroom2BR,2BA$1.38
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Matador North Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.25
Kearney Ridge - Affordable HousingOne Bedroom1BR,1BA$1.19
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22
Emerald Twenty FourStudioStudio ,1BA$1.94
Townley Park ApartmentsThoroughbred1BR,1BA$1.86

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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Frequently Asked Questions about Highlands

What type of rentals are currently available in Highlands?

There are currently 70 Apartments for Rent in Highlands, KY with pricing that ranges from $700 to $2,200. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highlands ranging from $750 to $2,499.

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 $750 to $2,499 with an average monthly rent of $1,793.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.