
Cheap Apartments for Rent in the Joyland Neighborhood of Lexington, KY from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Joyland area of Lexington.


The Dawn Run Apartments

Caballo Crossing

Total Monthly Price
Matador North Apartments

Rosetown Apartments

Ferrill Square Apartments - 55+ Community

Double Tree Apartments

402 Gunn St
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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.

329 Wilson St

Total Monthly Price
The Ascent1555

610 Elm Tree Ln

Alcove at Russell

1975 Russell Cave Rd

571 Pemberton St

Hartford Place

Parkway Manor
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Heritage Hills

1817 Gerald Dr

Valore at the Baxter

Matthews House Apartments

Derby Pointe

Arlington Lofts

330 Newtown Apartments

704 Jackson St
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Fox Run Apartments

633 Ohio St

1833 1/2 Marietta Dr

308 E 7th St

Central Christian Church Apartments

2063 Spring Station Dr

614 Ohio St

Alcove at Russell Cave
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524 W Third St

Lincoln Terrace Apartments

418 Chestnut St
Joyland, Lexington, KY Local Guide

How much does it cost to rent an apartment in Joyland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Joyland Studio Apartments | $1,080 | $525 | $1,795 |
| Joyland 1 Bedroom Apartments | $1,303 | $730 | $2,486 |
| Joyland 2 Bedroom Apartments | $1,588 | $858 | $2,100 |
| Joyland 3 Bedroom Apartments | $1,297 | $1,000 | $1,945 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 3 mile radius of the Joyland Neighborhood of Lexington, KY.
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Joyland, Lexington, KY Local Guide
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Cheapest Available Joyland Apartments for Rent
 The cheapest available apartment rental in the Joyland area of Lexington, KY is a Studio unit found at The Dawn Run Apartments priced from $625. Caballo Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Joyland apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dawn Run Apartments | Studio SM | Studio,1BA | $625 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| Valore at the Baxter | 1B1B | 1BR,1BA | $799 |
| Matador North Apartments | Studio | Studio,1BA | $800 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| Double Tree Apartments | Studio | Studio,1BA | $875 |
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1,075 |
| The Flats at 345 | 325 One Bedroom | 1BR,1BA | $1,145 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,180 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Joyland, KY
As of April 03, 2026 the best value apartment in the Joyland area is the $1.15 price per square foot 3 Bedroom 3 Bath Model at Alcove at Russell Cave in the in the Winburn neighborhood starting from $1,488. The second greatest value Joyland apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 price per square foot in the Winburn neighborhood. Here is today’s list of the best values for Joyland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Alcove at Russell Cave | 3 Bedroom 3 Bath | 3BR,2BA | $1.15 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1.43 |
| Matador North Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| FIFTEEN51 Apartments of Lexington | Blend | 1BR,1BA | $2.00 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
| Valore at the Baxter | 1B1B | 1BR,1BA | $1.34 |
| The Flats at 345 | 325 One Bedroom | 1BR,1BA | $2.20 |
| Double Tree Apartments | Studio Renovated | Studio ,1BA | $2.32 |
| The Dawn Run Apartments | Studio SM | Studio ,1BA | $2.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Best Local Schools in Joyland, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Kentucky and customized analysis for North Central Lexington, KY. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Joyland Apartments
What is a cheap apartment in Joyland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Joyland is under $1,195.
What is the price of a cheap apartment in Joyland?
The cheapest apartment in Joyland is Caballo Crossing which is listed at $700, while the average apartment in Joyland costs $1,769.
What types of apartments are the cheapest in Joyland?
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 15 regular apartments in Joyland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Joyland?
Cheap apartments in Joyland have an average cost of $303 which is $1,466 cheaper than the average rent for all rentals in Joyland.
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.