Cheap Apartments for Rent in the Lexington Oaks Neighborhood of Lexington, KY from $500 (6 Rentals)

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

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • 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.

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 Harrods Point Apartments - Newly remodeled priced from $899. Ridgewood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Lexington Oaks apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Harrods Point Apartments - Newly remodeledSmall one BedroomStudio,1BA$899
RidgewoodStudioStudio,1BA$899
The AlexandraThe Fritz2BR,1BA$975

Best Value Apartments for Rent in Lexington Oaks, KY

As of May 22, 2025 the best value apartment in the Lexington Oaks area is the $1.35 price per square foot 3X2 Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,777. The second greatest value Lexington Oaks apartment is the 1 Bed 1 Bath Model at Shillito Park Apartments starting at $995 with a $1.24 price per square foot in the The Meadows At Brannon Crossing 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.
Palomar View Apartments3X23BR,2BA$1.35
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.60
The Wellington1 Bedroom1BR,1BA$1.53
Beaumont Farms ApartmentsAldebaron1BR,1BA$1.88
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1.66
The AlexandraThe Summit Elite1BR,1BA$1.67
MidTown ApartmentsBluegrass1BR,1BA$2.38
Studios340 - All Inclusive PricingFurnished StudioStudio ,1BA$4.16
RidgewoodStudioStudio ,1BA$3.12

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Pet Friendly Lifestyle
Lexington Oaks, Lexington, KY

Ranked #20

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,777.

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

The cheapest apartment in Lexington Oaks is Ridgewood which is listed at $965, while the average apartment in Lexington Oaks costs $3,345.

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 9 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 $1,304 which is $2,041 cheaper than the average rent for all rentals in Lexington Oaks.

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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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

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.