
Cheap Apartments for Rent in the Hollywood Neighborhood of Lexington, KY from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hollywood area of Lexington.


The Axis at 1435

Prall Place Apartments - Affordable Housing

Woodland Park Apartments - UTILITIES INCLUDED
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
The 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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Hollywood, Lexington, KY Local Guide

How much does it cost to rent an apartment in Hollywood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hollywood Studio Apartments | $945 | $920 | $970 |
Hollywood 1 Bedroom Apartments | $1,066 | $1,050 | $1,080 |
Hollywood 2 Bedroom Apartments | $1,279 | $998 | $1,850 |
Hollywood 3 Bedroom Apartments | $1,665 | $1,620 | $1,710 |
Hollywood 4 Bedroom Apartments | $2,380 | $1,980 | $2,780 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 1 mile radius of the Hollywood Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Hollywood, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Hollywood Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Axis at 1435 | Studio | Studio,1BA | $920 |
Kampus Properties STUDENT HOUSING - 2024-'25 | 416 Aylesford Place #6 | 2BR,1BA | $998 |
Best Value Apartments for Rent in Hollywood, KY
As of September 12, 2025 the best value apartment in the Hollywood area is the $2.12 price per square foot STUDENTS ONLY 5 BR Model at Kampus Properties STUDENT HOUSING - 2024-'25 in the in the Montclair neighborhood starting from $2,750. The second greatest value Hollywood apartment is the Studio Courtyard Model at The Axis at 1435 starting at $970 with a $2.46 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kampus Properties STUDENT HOUSING - 2024-'25 | STUDENTS ONLY 5 BR | 5BR,3BA | $2.12 |
The Axis at 1435 | Studio Courtyard | Studio ,1BA | $2.46 |
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.
Pet Friendly LifestyleHollywood, Lexington, KY
Ranked #79
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Hollywood, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Hollywood Apartments
What is the price of a cheap apartment in Hollywood?
The cheapest apartment in Hollywood is The Axis at 1435 which is listed at $1,050, while the average apartment in Hollywood costs $3,680.
What types of apartments are the cheapest in Hollywood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Hollywood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

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.

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.