1972 Cambridge Dr
LexingtonKY40504
Cheap Homes for Rent in Lexington, KY from $700 (41 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
1021 Cross Keys Rd
LexingtonKY40504
704 Jackson St
LexingtonKY40505
313 Mockingbird Ln
LexingtonKY40503
633 Ohio St
LexingtonKY40508
168 Woodland Ave
LexingtonKY40502
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$9602 Bedroom Apartments Available Now
147 Lakeshore Dr
147 Lakeshore DrLexington, KY 40502
1025 Cross Keys Rd
LexingtonKY40504
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.
308 E 7th St
LexingtonKY40508
614 Ohio St
LexingtonKY40508
123 Montmullin St
LexingtonKY40508
108 Grapevine Ct
NicholasvilleKY40356
589 Delzan Plz, Unit 4
589 Delzan Plz
LexingtonKY40503
223 John Sutherland Dr
NicholasvilleKY40356
3573 Laredo Dr
LexingtonKY40517
356 Radcliffe Rd
LexingtonKY40505
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.
342 Waller Ave
LexingtonKY40504
244 Warnock St
LexingtonKY40508
408 Bainbridge Ct
LexingtonKY40509
1435 N Forbes Rd
LexingtonKY40511
615 N Upper St
LexingtonKY40508
2113 Saint Michael Dr
LexingtonKY40502
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$1,3003 Bedroom Apartments Available Now
521 Bell Pl Dr
521 Bell Pl DrNicholasville, KY 40356
145 Newcastle St
LexingtonKY40504
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.
650 S Mill St
LexingtonKY40508
217 Creekside Ct
LexingtonKY40504
179 Hedgewood Ct
LexingtonKY40509
3312 Valhalla Dr
LexingtonKY40515
1257 Golden Gate Park
LexingtonKY40517
3685 Squires Woods Way
LexingtonKY40515
486 Price Rd
LexingtonKY40508
433 Lindberg Dr
LexingtonKY40508
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
3493 Sutherland Dr
LexingtonKY40517
2306 Pierson Dr
LexingtonKY40505
262 Osage Ct
LexingtonKY40509
1470 Vintage Cir
LexingtonKY40517
638 Breckenridge St
LexingtonKY40508
3320 Pittman Creek Ct
LexingtonKY40515
915 Whitney Ave
LexingtonKY40508
103 Chippendale Ct, Unit 101 Chippendale Court
103 Chippendale Ct
LexingtonKY40517
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1100 Horsemans Ln
LexingtonKY40504
Showing Results 1-41, Page 1 of 1
Lexington, KY Local Guide
How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $1,602 | $899 | $3,300 |
| Lexington 3 Bedroom Homes for Rent | $1,911 | $1,350 | $5,450 |
| Lexington 4 Bedroom Homes for Rent | $2,690 | $1,620 | $4,500 |
| Lexington 5 Bedroom Homes for Rent | $3,137 | $2,999 | $3,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lexington
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Lexington, KY Local Guide
- Lexington Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lexington, KY
Pricing Updated: 04/06/2026Current apartment rentals in the Lexington, KY area range in price from $525 to $7,999 with an overall median price of $2,555. The three Lexington neighborhoods with the lowest median rent pricing are Meadows - Loudon at $750, Calumet at $620, and Melrose-oak Park at $525. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lexington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Meadows - Loudon | $1,160 | $750 | 18 |
| Calumet | $1,220 | $620 | 14 |
| Melrose-oak Park | $1,229 | $525 | 12 |
| Outer East Lexington | $1,339 | $625 | 54 |
| Ohio Chestnut Street | $1,345 | $800 | 13 |
| Bryan Station | $1,419 | $625 | 56 |
| East Lexington | $1,488 | $625 | 95 |
| Shriners | $1,500 | $749 | 166 |
| Castlewood | $1,563 | $525 | 80 |
| North Broadway/short Street | $1,563 | $739 | 38 |
Cheapest Available Lexington Apartments for Rent
The cheapest available apartment rental in Lexington, KY is a 1 Bed unit found at 1901 Apartment Homes in the Beaumont Residential neighborhood priced from $620. The Dawn Run Apartments in the Eastland Parkway neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1901 Apartment Homes | 2 Bedroom, 1 Bathroom | 1BR,1BA | $620 |
| The Dawn Run Apartments | Studio SM | Studio,1BA | $625 |
| BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $730 |
| Longwood | Jeffery | 2BR,2BA | $730 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $745 |
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Cedarwood | Jonah | Studio,1BA | $749 |
| Prime Hamburg Apartments | Studio | Studio,1BA | $750 |
| Preakness Apartments | P11 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Lexington, KY
As of April 06, 2026 the best value apartment in the Lexington area is the $1.07 price per square foot 3 Bedroom 2.5 Bath Model at The Pines in the in the Boone Creek neighborhood starting from $1,500. The second greatest value Lexington apartment is the Guadalupe Model at Saddle Run Townhomes starting at $1,135 with a $1.06 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Pines | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.07 |
| Saddle Run Townhomes | Guadalupe | 2BR,1.5BA | $1.06 |
| Elk River | 2B2B | 2BR,2BA | $0.97 |
| 2204 Winterberry Dr, Unit Side A | 2204 Winterberry Dr | 2BR,1BA | $1.11 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $0.97 |
| 1901 Apartment Homes | 2 Bedroom, 1 Bathroom | 1BR,1BA | $0.83 |
| Park Vista | PV1.1 | 1BR,1BA | $1.12 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $1.10 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Lexington, KY Area Reviews
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Catrina • 4+ years in Lexington
March 15, 2026Lexington is a great place to live, and depending on which part of the city you choose, it can be good for students, families, private individuals, people who want to be close to shopping, etc. The sky is the limit in Lexington for foodies, and if you enjoy Bourbon, this is the place to be. Traffic is abysmal at certain times of the day (especially inside the circle) but if you can drive outside rush hours, you'll be fine.
Catrina • 4+ years in Lexington
February 25, 2025Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 1097 Apartments for Rent in Lexington, KY with pricing that ranges from $525 to $7,999. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $725 to $5,450.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $725 to $5,450 with an average monthly rent of $2,153.
How much are larger Three and Four Bedroom Rentals in Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $854 to $3,627, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $5,450. Four Bedroom Single-Family rentals are also available starting from $1,620 and Four Bedroom Apartments start at $739.
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.