
Cheap Apartments for Rent in the Hollywood Neighborhood of Lexington, KY from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hollywood area of Lexington.


The Axis at 1435

Total Monthly Price
807 Press Ave, Unit 1

51 Mentelle Park

The Oaks at Woodland

Total Monthly Price
127 Gazette Ave, Unit 1
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.

Walton Place Apartments

Central Park Apartments

Kampus Terraces

3Fifty8

Kampus Heights

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.

426 E High St

Medical View Properties

Bluegrass Commons

Romany Road Apartments

168 Woodland Ave

University Flats
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.

Medical Villas

Kampus Townhouses

Kampus Park

101 S Hanover Ave

316 Transylvania Park

161 Preston Ave
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.

653 Montclair Dr
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 | $923 | $780 | $1,020 |
| Hollywood 1 Bedroom Apartments | $1,100 | $995 | $1,171 |
| Hollywood 2 Bedroom Apartments | $1,515 | $1,195 | $1,700 |
| Hollywood 3 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 25 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
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Cheapest Available Hollywood Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Axis at 1435 | Studio | Studio,1BA | $970 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1,171 |
Best Value Apartments for Rent in Hollywood, KY
As of June 13, 2026 the best value apartment in the Hollywood area is the $1.95 price per square foot 1 Bed, 1 bath Model at The Oaks at Woodland in the in the Montclair neighborhood starting from $1,171. The second greatest value Hollywood apartment is the Studio Courtyard Model at The Axis at 1435 starting at $1,020 with a $2.58 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. |
|---|---|---|---|
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1.95 |
| The Axis at 1435 | Studio Courtyard | Studio ,1BA | $2.58 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleHollywood, Lexington, KY
Ranked #91
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
How much is rent for a Cheap One Bedroom Hollywood Apartment?
The lowest price for a Cheap One Bedroom Hollywood Apartment is $1,095 at The Axis at 1435.
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.
Helpful Local Expert Guides

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 Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.