1854 Augusta Dr
LexingtonKY40505
Cheap Homes for Rent in Lexington, KY from $700 (53 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
1809 Gerald Dr
LexingtonKY40511
311 Christy Allyn Ct
LexingtonKY40509
725 E College St
GeorgetownKY40324
627 Silverleaf Dr
LexingtonKY40505
633 Ohio St
LexingtonKY40508
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$1,0001 Bedroom Apartments Available Now
265 N Limestone
265 N LimestoneLexington, KY 40507
523 1/2 Ohio St
LexingtonKY40508
135 Clyde St
LexingtonKY40508
1811 Dalton Ct
LexingtonKY40505
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.
401 Roosevelt Blvd
LexingtonKY40508
3573 Laredo Dr
LexingtonKY40517
2452 Butternut Hill Ct
LexingtonKY40509
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$1,2002 Bedroom Apartments Available Now
1114 Pawnee Trail, Unit 1
1114 Pawnee TrailGeorgetown, KY 40324
352 Bassett Ave
LexingtonKY40502
161 Preston Ave
LexingtonKY40502
408 Bainbridge Ct
LexingtonKY40509
419 E Fifth St
LexingtonKY40508
1100 Turkey Foot Rd
LexingtonKY40502
1072 Hudson Ave
LexingtonKY40511
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.
217 Creekside Ct
LexingtonKY40504
209 Creekside Ct
LexingtonKY40504
116 Anita Ln
RichmondKY40475
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$1,4002 Bedroom Apartments Available Now
507 Michigan St, Unit 1
507 Michigan StLexington, KY 40508
404 Whispering Hills Dr
LexingtonKY40517
405 Roosevelt Blvd
LexingtonKY40508
262 Osage Ct
LexingtonKY40509
101 S Hanover Ave
LexingtonKY40502
443 Hawkins Ave
LexingtonKY40508
409 Roosevelt Blvd
LexingtonKY40508
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.
434 N Martin Luther King Blvd
LexingtonKY40508
546 El Paseo Pl
LexingtonKY40517
1861 Dunkirk Dr
LexingtonKY40504
3705 Trent Cir
LexingtonKY40517
401 Springhill Dr
LexingtonKY40503
1079 Duncan Ave
LexingtonKY40504
649 Golfview Dr
LexingtonKY40504
653 Montclair Dr
LexingtonKY40502
1100 Horsemans Ln
LexingtonKY40504
1391 Stephen Foster Dr
LexingtonKY40517
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.
3854 Sugar Creek Dr
LexingtonKY40517
2740 Hayden Park Ln
LexingtonKY40511
139 Regency Point Path
LexingtonKY40503
425 Hawkins Ave
LexingtonKY40508
321 Mockingbird Ln
LexingtonKY40503
2405 Windwood Ct
LexingtonKY40509
328 Harvard Dr
LexingtonKY40517
444 N Broadway
LexingtonKY40508
205 Tanbark Dr
GeorgetownKY40324
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$1,6001 Bedroom Apartments Available Now
3496 Lansdowne Dr, Unit #1
3496 Lansdowne DrLexington, KY 40517
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,652 | $795 | $3,950 |
| Lexington 3 Bedroom Homes for Rent | $1,925 | $1,100 | $5,250 |
| Lexington 4 Bedroom Homes for Rent | $2,600 | $1,695 | $4,500 |
| Lexington 5 Bedroom Homes for Rent | $4,156 | $2,800 | $5,000 |
| Lexington 6 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
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
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Cheapest Neighborhoods for Apartments in Lexington, KY
Pricing Updated: 07/05/2026Current apartment rentals in the Lexington, KY area range in price from $625 to $10,473 with an overall median price of $2,298. The three Lexington neighborhoods with the lowest median rent pricing are Melrose-oak Park at $770, Calumet at $785, and Ohio Chestnut Street at $695. 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 |
|---|---|---|---|
| Melrose-oak Park | $1,208 | $770 | 11 |
| Calumet | $1,257 | $785 | 53 |
| Ohio Chestnut Street | $1,350 | $695 | 4 |
| Meadows - Loudon | $1,412 | $910 | 16 |
| Ohio Chestnut Street | $1,475 | $695 | 13 |
| Joyland | $1,523 | $625 | 53 |
| North Broadway/short Street | $1,563 | $695 | 51 |
| Ashland Park | $1,574 | $810 | 20 |
| East Lexington | $1,574 | $625 | 63 |
| Shriners | $1,574 | $800 | 177 |
Cheapest Available Lexington Apartments for Rent
The cheapest available apartment rental in Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes in the Boone Creek neighborhood priced from $685. The Landing at Lex in the Boone Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
| The Landing at Lex | Land1.1 | 1BR,1BA | $745 |
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Preakness Apartments | P11 | 1BR,1BA | $750 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $770 |
| Wellington Park Apartments | One Bed One Bath | 1BR,1BA | $775 |
| The Dawn Run Apartments | Studio XL | Studio,1BA | $790 |
| Valore at the Baxter | 1 Bed | 1 Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Lexington, KY
As of July 05, 2026 the best value apartment in the Lexington area is the $0.53 price per square foot 525: 4 bed - 4.5 Bath Model at Latitude Lexington in the in the Downtown Lexington neighborhood starting from $774. The second greatest value Lexington apartment is the 2 Bedroom Model at Imperial Pointe starting at $1,260 with a $1.16 price per square foot in the Jessamine County 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. |
|---|---|---|---|
| Latitude Lexington | 525: 4 bed - 4.5 Bath | 4BR,4.5BA | $0.53 |
| Imperial Pointe | 2 Bedroom | 2BR,2BA | $1.16 |
| Canter Pointe | Secretariat - 2x2 | 2BR,2BA | $1.16 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $1.00 |
| 2220 Apartments | 2BR - 1.5BTH | 2BR,1.5BA | $1.12 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.13 |
| 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 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
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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Real 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.
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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 1084 Apartments for Rent in Lexington, KY with pricing that ranges from $625 to $10,473. There are also 206 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $795 to $5,250.
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 $795 to $5,250 with an average monthly rent of $2,337.
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 $4,372, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,250. Four Bedroom Single-Family rentals are also available starting from $1,695 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.
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.
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.