2601 Buck Ln
LexingtonKY40511
Cheap Homes for Rent in Masterson Station Neighborhood of Lexington, KY from $1,800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Masterson Station area of Lexington.
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.
333 Spring Valley Ln
LexingtonKY40511
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.
657 Cielo Vista Rd
LexingtonKY40511
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Masterson Station, Lexington, KY Local Guide
How much does it cost to rent a home in Masterson Station?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Masterson Station 3 Bedroom Homes for Rent | $2,013 | $1,850 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Masterson Station, KY
As of May 07, 2026 the best value apartment in the Masterson Station area is the $1.29 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,936. The second greatest value Masterson Station apartment is the 186 Robinson Way Model at Citation Lofts starting at $3,000 with a $2.00 price per square foot in the St. Martins Village 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. |
|---|---|---|---|
| Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.29 |
| Citation Lofts | 186 Robinson Way | 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 Artisan | 1 bedroom townhome w garage | 1BR,1BA | $1.69 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $1.21 |
| 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.
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Real 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.
Read ArticleQuick Rent Budget Calculator
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.
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Pet Friendly LifestyleMasterson Station, Lexington, KY
Ranked #62
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Masterson Station
What type of rentals are currently available in Masterson Station?
There are currently 25 Apartments for Rent in Masterson Station, KY with pricing that ranges from $740 to $3,000. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Masterson Station ranging from $1,850 to $2,295.
What is the current price range for Rental Homes in Masterson Station?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Masterson Station ranges from $1,850 to $2,295 with an average monthly rent of $2,013.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.