Cheap Apartments for Rent in the Masterson Station Neighborhood of Lexington, KY from $600 (6 Rentals)

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

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Wood Edge Villas
1 to 3 Bedroom Apartments

Wood Edge Villas

2781 Jacquelyn LnLexington, KY 40511
  • Utilities Included

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.

Masterson Station, Lexington, KY Local Guide

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 The Oasis at Kearney Creek - Senior 55+ priced from $805. Cambridge Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Masterson Station apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Oasis at Kearney Creek - Senior 55+One Bedroom - Senior 55+1BR,1BA$805
Cambridge Park1 Bedroom 1 Bath1BR,1BA$850
The Flats at 345325 One Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Masterson Station, KY

As of June 12, 2025 the best value apartment in the Masterson Station area is the $1.23 price per square foot 3 BR Apt. Model at Emerald Twenty Four in the in the Winburn neighborhood starting from $1,714. The second greatest value Masterson Station apartment is the Baybrook Model at Trailside at McConnells Trace starting at $1,955 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Twenty Four3 BR Apt.3BR,2BA$1.23
Trailside at McConnells TraceBaybrook3BR,3BA$1.57
The Village at Great AcresMadison 2A2BR,2.5BA$1.63
The Oasis at Kearney Creek - Senior 55+One Bedroom - Senior 55+1BR,1BA$1.15
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
The Flats at 345325 One Bedroom1BR,1BA$2.11
FIFTEEN51 Apartments of LexingtonBarrelStudio ,1BA$2.76
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.25

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Pet Friendly Lifestyle
Masterson Station, Lexington, KY

Ranked #79

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Masterson Station Neighborhood in Lexington, KY

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

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 $805 at The Oasis at Kearney Creek - Senior 55+.

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 $930 at The Oasis at Kearney Creek - Senior 55+.

What is the most affordable Masterson Station Three Bedroom Apartment?

The best deal on a cheap Masterson Station Three Bedroom Apartment rental is at Trailside at McConnells Trace and starts from $1,701.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.