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$770 - $9401 to 2 Bedroom Apartments Available Soon
Meadowthorpe Landing - Senior Housing
1447 Antique DrLexington, KY 40511
Cheap Apartments for Rent in the Masterson Station Neighborhood of Lexington, KY from $650 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Masterson Station area of Lexington.
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$815 - $9401 to 2 Bedroom Apartments Available Soon
The Oasis at Kearney Creek - Senior 55+
2750 Meadowsweet LnLexington, KY 40511
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$885 - $1,260
Total Monthly Price
Base Rent$885 - $1,260
Total Monthly Price$885 - $1,260
Kearney Ridge - Affordable Housing
2559 Kearney Ridge BlvdLexington, KY 40511
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$9502 Bedroom Apartments Available Soon
Westchester on the Circle - NO VACANCY
1705 Leestown RdLexington, KY 40511
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$1,203 - $1,9641 to 3 Bedroom Apartments Available Now
Townley Park Apartments
149 Old Towne WalkLexington, KY 40511
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$1,225 - $1,625
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Base Rent$1,225 - $1,625
Total Monthly Price$1,225 - $1,625
Ashton Park Apartments
2700 Magnolia Springs DrLexington, KY 40511
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.
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$1,250 - $1,924
Total Monthly Price
Base Rent$1,250 - $1,924
Total Monthly Price$1,250 - $1,924
The Artisan
2601 Sandersville RdLexington, KY 40511
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$1,362 - $2,245
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Base Rent$1,362 - $2,245
Total Monthly Price$1,362 - $2,245
The Village at Great Acres
2751 Ruby River DrLexington, KY 40511
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$1,400 - $1,6001 to 2 Bedroom Apartments Available Now
Gated Villa Apartments at Kearney
2671 Kearney Ridge BlvdLexington, KY 40511
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$1,449 - $2,0351 to 2 Bedroom Apartments Available Now
The Charles at Coventry
2329 Remington WayLexington, KY 40511
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$1,525 - $2,1601 to 3 Bedroom Apartments Available Oct 18
The Remington
2350 Remington WayLexington, KY 40511
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$1,536 - $1,966
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Base Rent$1,536 - $1,966
Total Monthly Price$1,536 - $1,966
Emerald Twenty Four
1024 Greendale RdLexington, KY 40511
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.
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$1,770 - $2,520
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Base Rent$1,770 - $2,520
Total Monthly Price$1,770 - $2,520
Trailside at McConnells Trace
2945 Trailwood LnLexington, KY 40511
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1 to 3 Bedroom Apartments
Wood Edge Villas
2781 Jacquelyn LnLexington, KY 40511
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1 to 3 Bedroom Apartments
Oakdale Apartments
2445 Mulundy WayLexington, KY 40511
2740 Hayden Park Ln
LexingtonKY40511
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2 to 3 Bedroom Apartments
Sandersville Townhomes
2813 Sandersville RdLexington, KY 40511
3024 Our Tibbs Trail
LexingtonKY40511
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.
2507 Spring Leaf Ct
LexingtonKY40511
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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 | $1,420 | $770 | $1,650 |
| Masterson Station 2 Bedroom Apartments | $1,758 | $905 | $2,135 |
| Masterson Station 3 Bedroom Apartments | $1,957 | $1,260 | $2,520 |
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 19 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 2 Beds unit found at Oakdale Apartments priced from $1,284. 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 |
|---|---|---|---|
| Oakdale Apartments | Two Bedroom | 2BR, 2BA | $1,284 |
| The Village at Great Acres | Carson | 1BR, 1BA | $1,362 |
| Gated Villa Apartments at Kearney | 1BR/ 1 BA | 1BR, 1BA | $1,400 |
| The Charles at Coventry | The Whirlaway | 1BR, 1BA | $1,449 |
| Townley Park Apartments | Keeneland | 2BR, 2BA | $1,495 |
Best Value Apartments for Rent in Masterson Station, KY
As of September 22, 2026 the best value apartment in the Masterson Station area is the $1.30 price per square foot 143 Ferndale Pass Model at Citation Lofts in the St. Martins Village neighborhood starting from $1,950. The second greatest value Masterson Station apartment is the 3 BR Apt w/1 car garage Model at Emerald Twenty Four in the Georgetown neighborhood starting at $1,936 with a $1.39 price per square foot. 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 | 143 Ferndale Pass | 2BR, 2BA | $1.30 |
| Emerald Twenty Four | 3 BR Apt w/1 car garage | 3BR, 2BA | $1.39 |
| The Artisan | 2 bedroom apt | 2BR, 2BA | $1.33 |
| Trailside at McConnells Trace | Fairhaven | 3BR, 2BA | $1.66 |
| Ashton Park Apartments | Acacia | 2BR, 2BA | $1.52 |
| Oakdale Apartments | Two Bedroom | 2BR, 2BA | $1.43 |
| The Charles at Coventry | The Justify | 1BR, 1BA | $1.82 |
| Townley Park Apartments | Charlotte | 2BR, 2BA | $1.92 |
| Gated Villa Apartments at Kearney | 1BR/ 1 BA | 1BR, 1BA | $1.73 |
| The Village at Great Acres | Carson | 1BR, 1BA | $2.52 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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Pet Friendly LifestyleMasterson Station, Lexington, KY
Ranked #57
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Masterson Station Apartments
What is the price of a cheap apartment in Masterson Station?
The cheapest apartment in Masterson Station is The Village at Great Acres which is listed at $1,362, while the average apartment in Masterson Station costs $1,765.
What types of apartments are the cheapest in Masterson Station?
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 7 regular apartments in Masterson Station 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 Masterson Station?
Cheap apartments in Masterson Station have an average cost of $378 which is $1,387 cheaper than the average rent for all rentals in Masterson Station.
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.
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.
The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.
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
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.