
Cheap Apartments for Rent in the Lansdowne Merrick Neighborhood of Lexington, KY from $700 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lansdowne Merrick area of Lexington.


VELO - Waller Avenue

Cedarwood

Townhomes & Flats at Fontaine

Tates Creek Village

Breckinridge Court

Tates Creek Crossings

Landing at Malabu
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.

Cove Lake Village Apartments

The Metropolitan

Mount Tabor Townhouses

The Studios at Belmont - MAJOR UTILITIES INCL

Raintree Apartments

The Racquet Club Apartments

Brandywine

Mt. Tabor Apartments
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.

Canter Pointe

Creeks on Kirklevington

Patchen Place Apartments

The Axis at 1435

The Life at Lexington

MAA Lakepointe

Gatehouse Apartments - Most Utl Incl.

Barrel Oaks Apartments
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.

Rivers at Bluegrass

Spring House on the Park

The Champion at Bluegrass Apartments

The Studios at Patchen - FREE Utilities

Veridian Lexington

The Reserve At Merrick

Hideaway

The Colony at the Oaks
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.

Belmont Run Apartments

Element

Patchen Oaks

Vetra Lexington

Saddlebrook at Tates Creek

Bridle Creek Apartments

Landing at Tates Creek

945 Chinoe Rd
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.

Merrick Place
Lansdowne Merrick, Lexington, KY Local Guide

How much does it cost to rent an apartment in Lansdowne Merrick?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lansdowne Merrick Studio Apartments | $952 | $749 | $1,355 |
| Lansdowne Merrick 1 Bedroom Apartments | $1,190 | $745 | $3,199 |
| Lansdowne Merrick 2 Bedroom Apartments | $1,520 | $915 | $5,699 |
| Lansdowne Merrick 3 Bedroom Apartments | $1,990 | $1,165 | $3,392 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Lansdowne Merrick Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Cheapest Available Lansdowne Merrick Apartments for Rent
 The cheapest available apartment rental in the Lansdowne Merrick area of Lexington, KY is a 2 Beds unit found at Longwood priced from $730. VELO - Waller Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Lansdowne Merrick apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Longwood | Jeffery | 2BR,2BA | $730 |
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Cedarwood | Jonah | Studio,1BA | $749 |
| Landing at Malabu | Malabu Flat 852 | 1BR,1BA | $895 |
| Tates Creek Crossings | 2 Bedroom 1 Bath | 2BR,1BA | $915 |
| The Metropolitan | Woodford | 1BR,1BA | $926 |
| Breckinridge Court | 1 Bed 1 Bath 708 sf (a3) | 1BR,1BA | $930 |
| The Studios at Belmont - MAJOR UTILITIES INCL | Studio | Studio,1BA | $935 |
| Raintree Apartments | Willow - A1 | 1BR,1BA | $938 |
| The Racquet Club Apartments | A - Sport | 1BR,1BA | $939 |
Best Value Apartments for Rent in Lansdowne Merrick, KY
As of January 16, 2026 the best value apartment in the Lansdowne Merrick area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Lansdowne Merrick apartment is the 2 Bedroom 1.5 Bathroom Model at Hideaway starting at $1,365 with a $1.22 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for Lansdowne Merrick apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tates Creek Village | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
| Hideaway | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.22 |
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.18 |
| Brandywine | 2 Bed Small | 2BR,2BA | $1.28 |
| The Life at Lexington | Juniper | 2BR,1BA | $1.24 |
| Tates Creek Crossings | 2 Bedroom 1 Bath | 2BR,1BA | $1.02 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.34 |
| The Metropolitan | Woodford | 1BR,1BA | $1.31 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.36 |
Frequently Asked Questions about Cheap Lansdowne Merrick Apartments
What is a cheap apartment in Lansdowne Merrick?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lansdowne Merrick is under $939.
What is the price of a cheap apartment in Lansdowne Merrick?
The cheapest apartment in Lansdowne Merrick is VELO - Waller Avenue which is listed at $745, while the average apartment in Lansdowne Merrick costs $1,886.
What types of apartments are the cheapest in Lansdowne Merrick?
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 33 regular apartments in Lansdowne Merrick 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 Lansdowne Merrick?
Cheap apartments in Lansdowne Merrick have an average cost of $215 which is $1,671 cheaper than the average rent for all rentals in Lansdowne Merrick.
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.

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.

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.

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.