
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.


The Oasis at Kearney Creek - Senior 55+

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Kearney Ridge - Affordable Housing

Westchester on the Circle - NO VACANCY

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The Artisan

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Ashton Park Apartments
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The Village at Great Acres

The Charles at Coventry

507 Michigan St, Unit 1

Gated Villa Apartments at Kearney

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201 Price Rd, Unit Apt 223

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Emerald Twenty Four
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Trailside at McConnells Trace

Wood Edge Villas

Oakdale Apartments

Sandersville Townhomes

2740 Hayden Park Ln

2633 Mable Ln
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2741 Jacquelyn Ln

2524 Spring Leaf Ct
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 1 Bedroom Apartments | $1,367 | $770 | $1,572 |
| Masterson Station 2 Bedroom Apartments | $1,807 | $905 | $3,000 |
| Masterson Station 3 Bedroom Apartments | $1,951 | $1,260 | $2,520 |
| Masterson Station 4 Bedroom Apartments | $2,540 | $2,540 | $2,540 |
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
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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 Meadowthorpe Landing - Senior Housing priced from $770. The Village at Great Acres has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,362. Here are the most affordable Masterson Station apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $770 |
| The Village at Great Acres | Carson | 1BR,1BA | $1,362 |
| The Charles at Coventry | The Charismatic | 1BR,1BA | $1,399 |
| Gated Villa Apartments at Kearney | 2 BR / 2BA | 2BR,2BA | $1,600 |
| Emerald Twenty Four | 3 BR Apt. | 3BR,2BA | $1,765 |
Best Value Apartments for Rent in Masterson Station, KY
As of July 22, 2026 the best value apartment in the Masterson Station area is the $1.16 price per square foot 3 bedroom townhome w garage Model at The Artisan in the in the Georgetown neighborhood starting from $1,924. The second greatest value Masterson Station apartment is the 3 BR Townhome + Garage Model at Emerald Twenty Four starting at $1,966 with a $1.30 price per square foot in the Georgetown 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. |
|---|---|---|---|
| The Artisan | 3 bedroom townhome w garage | 3BR,2BA | $1.16 |
| Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.30 |
| Citation Lofts | 121 Ferndale Pass | 2BR,2BA | $2.00 |
| Trailside at McConnells Trace | Fairhaven | 3BR,2BA | $1.66 |
| Gated Villa Apartments at Kearney | 2 BR / 2BA | 2BR,2BA | $1.57 |
| The Charles at Coventry | The Affirmed | 1BR,1BA | $1.76 |
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $1.17 |
| The Village at Great Acres | Kenton | 1BR,1BA | $2.58 |
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 ArticleReal 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.
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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.
Pet Friendly LifestyleMasterson Station, Lexington, KY
Ranked #62
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 $770 at Meadowthorpe Landing - Senior Housing.
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 $1,600 at Gated Villa Apartments at Kearney.
What is the most affordable Masterson Station Three Bedroom Apartment?
The best deal on a cheap Masterson Station Three Bedroom Apartment rental is at Emerald Twenty Four and starts from $1,765.
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

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.

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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I'm Catrina, your ApartmentHomeLiving.

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

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