Cheap Apartments for Rent in the Kenwick Neighborhood of Lexington, KY from $500 (15 Rentals)

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

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.

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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included

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.

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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508
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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
  • Utilities Included

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.

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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included
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The Lex
Studio to 4 Bedroom Apartments

The Lex

521 S BroadwayLexington, KY 40508
Student Housing
  • Utilities Included

Kenwick, Lexington, KY Local Guide

Cheapest Available Kenwick Apartments for Rent

 

The cheapest available apartment rental in the Kenwick area of Lexington, KY is a 1 Bed unit found at Rose Tower Apartments priced from $850. Davis Park Station - NOW Leasing! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Kenwick apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Rose Tower ApartmentsOne Bedroom1BR,1BA$850
Davis Park Station - NOW Leasing!One Bedroom1BR,1BA$870
Park Plaza ApartmentsMaxwellStudio,1BA$1,120
Studios180 - Short/Long Term LeasesStudioStudio,1BA$1,195
Studios340 - All Inclusive PricingStudioStudio,1BA$1,255

Best Value Apartments for Rent in Kenwick, KY

As of June 02, 2025 the best value apartment in the Kenwick area is the $1.84 price per square foot Euclid Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,570. The second greatest value Kenwick apartment is the One Bedroom Model at Davis Park Station - NOW Leasing! starting at $870 with a $1.18 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Kenwick apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsEuclid2BR,2BA$1.84
Davis Park Station - NOW Leasing!One Bedroom1BR,1BA$1.18
Hub Limestone2x1 A2BR,1BA$1.72
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1.66
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89
Park Plaza ApartmentsMaxwellStudio ,1BA$2.93
Hub Lexington UpperMurphy AStudio ,1BA$3.99
Studios180 - Short/Long Term LeasesFurnished StudioStudio ,1BA$3.70
Studios340 - All Inclusive PricingFurnished StudioStudio ,1BA$4.16

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Pet Friendly Lifestyle
Kenwick, Lexington, KY

Ranked #78

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Kenwick Neighborhood in Lexington, KY

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Kenwick Apartments

What is a cheap apartment in Kenwick?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kenwick is under $1,570.

What is the price of a cheap apartment in Kenwick?

The cheapest apartment in Kenwick is Rose Tower Apartments which is listed at $850, while the average apartment in Kenwick costs $3,345.

What types of apartments are the cheapest in Kenwick?

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 Kenwick that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.