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$740 - $9101 to 2 Bedroom Apartments Contact Us For Availability
Meadowthorpe Landing - Senior Housing
1447 Antique DrLexington, KY 40511
Cheap Apartments for Rent in the Masterson Station Neighborhood of Lexington, KY from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Masterson Station area of Lexington.
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$8061 Bedroom Apartments Available Now
Ferrill Square Apartments - 55+ Community
471 Price RdLexington, KY 40508
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$815 - $9401 to 2 Bedroom Apartments Contact Us For Availability
The Oasis at Kearney Creek - Senior 55+
2750 Meadowsweet LnLexington, KY 40511
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$885 - $1,260
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$885 - $1,260
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$885 - $1,260
Kearney Ridge - Affordable Housing
2559 Kearney Ridge BlvdLexington, KY 40511
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$9502 Bedroom Apartments Contact Us For Availability
Westchester on the Circle - NO VACANCY
1705 Leestown RdLexington, KY 40511
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$1,189 - $1,936
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,189 - $1,936
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$1,189 - $1,936
Emerald Twenty Four
1024 Greendale RdLexington, KY 40511
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,250 - $1,924
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1 to 3 Bedroom Apartments Available May 23Total Monthly Price
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$1,250 - $1,924
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$1,250 - $1,924
The Artisan
2601 Sandersville RdLexington, KY 40511
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$1,325 - $1,625
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,325 - $1,625
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$1,325 - $1,625
Ashton Park Apartments
2700 Magnolia Springs DrLexington, KY 40511
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$1,362 - $2,245
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,362 - $2,245
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$1,362 - $2,245
The Village at Great Acres
2751 Ruby River DrLexington, KY 40511
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$1,6001 to 2 Bedroom Apartments Available Now
Gated Villa Apartments at Kearney
2671 Kearney Ridge BlvdLexington, KY 40511
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$1,770 - $2,530
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3 to 4 Bedroom Apartments Available NowTotal Monthly Price
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$1,770 - $2,530
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$1,770 - $2,530
Trailside at McConnells Trace
2945 Trailwood LnLexington, KY 40511
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$1,900 - $2,2002 to 3 Bedroom Apartments Available Now
Citation Lofts
129 FerndaleLexington, KY 40511
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.
1093 Winding Oak Trl
LexingtonKY40511
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Wood Edge Villas
2781 Jacquelyn LnLexington, KY 40511
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Oakdale Apartments
2445 Mulundy WayLexington, KY 40511
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Sandersville Townhomes
2813 Sandersville RdLexington, KY 40511
2656 Michelle Park
LexingtonKY40511
333 Spring Valley Ln
LexingtonKY40511
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.
2601 Buck Ln
LexingtonKY40511
3048 Our Tibbs Trail
LexingtonKY40511
Showing Results 1-20, Page 1 of 1
Masterson Station, Lexington, KY Local Guide
How much does it cost to rent an apartment in Masterson Station?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Masterson Station Studio Apartments | $1,189 | $1,189 | $1,189 |
| Masterson Station 1 Bedroom Apartments | $1,265 | $740 | $1,502 |
| Masterson Station 2 Bedroom Apartments | $1,717 | $875 | $2,200 |
| Masterson Station 3 Bedroom Apartments | $1,994 | $1,260 | $2,485 |
| Masterson Station 4 Bedroom Apartments | $2,210 | $2,210 | $2,210 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Masterson Station Neighborhood of Lexington, KY.
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Masterson Station, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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Cheapest Available Masterson Station Apartments for Rent
The cheapest available apartment rental in the Masterson Station area of Lexington, KY is a 1 Bed unit found at Ferrill Square Apartments - 55+ Community priced from $806. Kearney Ridge - Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Masterson Station apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $885 |
| Emerald Twenty Four | Studio | Studio,1BA | $1,189 |
| The Village at Great Acres | Carson | 1BR,1BA | $1,362 |
| Ashton Park Apartments | Linden | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Masterson Station, KY
As of April 21, 2026 the best value apartment in the Masterson Station area is the $1.47 price per square foot 2609 Bourbon Walk Model at Citation Lofts in the in the St. Martins Village neighborhood starting from $2,200. The second greatest value Masterson Station apartment is the Fairhaven Model at Trailside at McConnells Trace starting at $1,770 with a $1.66 price per square foot in the Redd Road Rural Historic District neighborhood. Here is today’s list of the best values for Masterson Station apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Citation Lofts | 2609 Bourbon Walk | 2BR,2BA | $1.47 |
| Trailside at McConnells Trace | Fairhaven | 3BR,2BA | $1.66 |
| Gated Villa Apartments at Kearney | 2 BDR / 2BA | 2BR,2BA | $1.57 |
| Ashton Park Apartments | Acacia | 2BR,2BA | $1.52 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $1.21 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
| Emerald Twenty Four | Studio | Studio ,1BA | $2.00 |
| The Village at Great Acres | Kenton | 1BR,1BA | $2.58 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 LifestyleMasterson Station, Lexington, KY
Ranked #64
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Masterson Station Apartments
How much is rent for a Cheap One Bedroom Masterson Station Apartment?
The lowest price for a Cheap One Bedroom Masterson Station Apartment is $806 at Ferrill Square Apartments - 55+ Community.
What is the lowest price for a Cheap Two Bedroom Masterson Station Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Masterson Station is starting from $1,050 at Kearney Ridge - Affordable Housing.
What is the most affordable Masterson Station Three Bedroom Apartment?
The best deal on a cheap Masterson Station Three Bedroom Apartment rental is at Kearney Ridge - Affordable Housing and starts from $1,260.
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.