Cheap Apartments for Rent in the Lexington Oaks Neighborhood of Lexington, KY from $500 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers

Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included
close
View Me
Palomar Woods
1 to 3 Bedroom Apartments

Palomar Woods

1850 Old Higbee Mill RdLexington, KY 40514

The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent

Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.

Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Lexington Oaks, Lexington, KY Local Guide

Cheapest Available Lexington Oaks Apartments for Rent

 

The cheapest available apartment rental in the Lexington Oaks area of Lexington, KY is a Studio unit found at Emerson Center 62+ Senior Apartments priced from $750. Wellington Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Lexington Oaks apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$775
Harrods Point Apartments - Newly remodeledSmall one Bedroom1BR,1BA$929
Flats at BeaumontNewly-Renovated Studio Apartments!Studio,1BA$950
Prime at GardensideA11BR,1BA$975

Best Value Apartments for Rent in Lexington Oaks, KY

As of August 02, 2026 the best value apartment in the Lexington Oaks area is the $1.43 price per square foot RM-20G Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,690. The second greatest value Lexington Oaks apartment is the 2 Bedroom Model at Palomar Woods starting at $1,589 with a $1.50 price per square foot in the Rabbit Run neighborhood. Here is today’s list of the best values for Lexington Oaks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
rmLexingtonRM-20G2BR,2BA$1.43
Palomar Woods2 Bedroom2BR,2BA$1.50
The Tracery Apartments1x1 With Garage1BR,1BA$1.95
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Palomar View Apartments1 Bedroom1BR,1BA$1.84
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.24
Beaumont Farms Apartments1BR/1.0BA1BR,1BA$1.74
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$1.21
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66
Prime at GardensideA21BR,1BA$1.67

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lexington Oaks, Lexington, KY

Ranked #43

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Lexington Oaks Apartments

What is a cheap apartment in Lexington Oaks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington Oaks is under $1,449.

What is the price of a cheap apartment in Lexington Oaks?

The cheapest apartment in Lexington Oaks is Wellington Park Apartments which is listed at $775, while the average apartment in Lexington Oaks costs $1,375.

What types of apartments are the cheapest in Lexington Oaks?

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 20 regular apartments in Lexington Oaks 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 Lexington Oaks?

Cheap apartments in Lexington Oaks have an average cost of $554 which is $821 cheaper than the average rent for all rentals in Lexington Oaks.

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

decorative image for Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers article

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.

decorative image for The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington article

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.

decorative image for The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities article

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.