
Cheap Apartments for Rent in the Hollywood Neighborhood of Lexington, KY from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hollywood area of Lexington.


268 Clay Ave, Unit 268 Clay Ave.

The Studios at Belmont - MAJOR UTILITIES INCL

The Axis at 1435
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Woodland Park Apartments - UTILITIES INCLUDED
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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 | $1,385 | $795 | $2,380 |
Hollywood 1 Bedroom Apartments | $1,430 | $785 | $2,268 |
Hollywood 2 Bedroom Apartments | $1,583 | $850 | $1,988 |
Hollywood 3 Bedroom Apartments | $2,058 | $1,450 | $2,500 |
Hollywood 4 Bedroom Apartments | $2,512 | $2,450 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Hollywood Neighborhood of Lexington, KY.
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Hollywood, Lexington, KY Local Guide
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Cheapest Available Hollywood Apartments for Rent
 The cheapest available apartment rental in the Hollywood area of Lexington, KY is a 1 Bed unit found at Trifecta on Red Mile priced from $1,095. Park Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Hollywood apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Trifecta on Red Mile | Trifecta on Red Mile - One Bedroom | 1BR,1BA | $1,095 |
Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
Studios340 - All Inclusive Pricing | Studio | Studio,1BA | $1,255 |
MidTown Apartments | Bluegrass | 1BR,1BA | $1,280 |
Best Value Apartments for Rent in Hollywood, KY
As of May 29, 2025 the best value apartment in the Hollywood area is the $1.72 price per square foot 2x1 A Model at Hub Limestone in the in the Montclair neighborhood starting from $1,255. The second greatest value Hollywood apartment is the Trifecta on Red Mile - One Bedroom Model at Trifecta on Red Mile starting at $1,095 with a $1.66 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. |
---|---|---|---|
Hub Limestone | 2x1 A | 2BR,1BA | $1.72 |
Trifecta on Red Mile | Trifecta on Red Mile - One Bedroom | 1BR,1BA | $1.66 |
1729 Midtown (Pre-Leasing for June 2025) | 1x1 B 11U-Reg) | 1BR,1BA | $2.95 |
MidTown Apartments | Bluegrass | 1BR,1BA | $2.38 |
Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
Studios340 - All Inclusive Pricing | Furnished Studio | Studio ,1BA | $4.16 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleHollywood, Lexington, KY
Ranked #79
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Hollywood, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Hollywood Apartments
What is a cheap apartment in Hollywood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hollywood is under $1,325.
What is the price of a cheap apartment in Hollywood?
The cheapest apartment in Hollywood is Trifecta on Red Mile which is listed at $1,095, while the average apartment in Hollywood costs $3,345.
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 12 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.

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