Cheap Apartments for Rent in the Joyland Neighborhood of Lexington, KY from $600 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Joyland area of Lexington.

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Hartford Place
Studio to 2 Bedroom Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
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Heritage Hills
1 to 2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Parkway Manor
1 to 3 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing
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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
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Fox Run Apartments
Studio to 3 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
  • Utilities Included

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.

Joyland, Lexington, KY Local Guide

Cheapest Available Joyland Apartments for Rent

 

The cheapest available apartment rental in the Joyland area of Lexington, KY is a Studio unit found at Matador North Apartments priced from $800. Ferrill Square Apartments - 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here are the most affordable Joyland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Matador North ApartmentsStudioStudio,1BA$800
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$806
Rosetown ApartmentsTwo Bedroom2BR,1BA$900
Double Tree Apartments2 Bedroom Traditional2BR,1BA$910
The Ascent1555Renovated Studio PlusStudio,1BA$945

Best Value Apartments for Rent in Joyland, KY

As of December 27, 2025 the best value apartment in the Joyland area is the $1.32 price per square foot One Bedroom Model at The Paddock Apartments in the in the Winburn neighborhood starting from $1,125. The second greatest value Joyland apartment is the 2 Bedroom Traditional Model at Double Tree Apartments starting at $910 with a $1.11 price per square foot in the Shriners neighborhood. Here is today’s list of the best values for Joyland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Double Tree Apartments2 Bedroom Traditional2BR,1BA$1.11
Rosetown ApartmentsTwo Bedroom2BR,1BA$1.19
Alcove at Russell Cave1 Bedroom 1 Bath1BR,1BA$1.43
Matador North Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.25
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22
The Flats at 345One Bedroom Large1BR,1BA$2.05
FIFTEEN51 Apartments of LexingtonBarrelStudio ,1BA$2.59
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.32
The Ascent1555Renovated Studio PlusStudio ,1BA$2.45

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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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.

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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.

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Pet Friendly Lifestyle
Joyland, Lexington, KY

Ranked #49

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,264.

What is the price of a cheap apartment in Joyland?

The cheapest apartment in Joyland is Ferrill Square Apartments - 55+ Community which is listed at $806, while the average apartment in Joyland costs $1,325.

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 18 regular apartments in Joyland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.