
Cheap Homes for Rent in Masterson Station Neighborhood of Lexington, KY from $1,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Masterson Station area of Lexington.

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.

2708 Hayden Park Ln
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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2744 Hayden Park Ln
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 2 Bedroom Homes for Rent | $1,655 | $1,475 | $1,900 |
Masterson Station 3 Bedroom Homes for Rent | $2,085 | $1,795 | $2,499 |
Masterson Station 4 Bedroom Homes for Rent | $2,497 | $2,295 | $2,700 |
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 October 17, 2025 the best value apartment in the Masterson Station area is the $1.35 price per square foot 3 BR Apt w/1 car garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,880. The second greatest value Masterson Station apartment is the Madison B Model at Trailside at McConnells Trace starting at $2,000 with a $1.52 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. |
---|---|---|---|
Emerald Twenty Four | 3 BR Apt w/1 car garage | 3BR,2BA | $1.35 |
Trailside at McConnells Trace | Madison B | 3BR,2.5BA | $1.52 |
The Village at Great Acres | Bridger | 2BR,2BA | $1.87 |
Townley Park Apartments | Churchill | 2BR,2BA | $1.57 |
Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $1.19 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
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 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.
Pet Friendly LifestyleMasterson Station, Lexington, KY
Ranked #76
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 24 Apartments for Rent in Masterson Station, KY with pricing that ranges from $740 to $2,455. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Masterson Station ranging from $1,475 to $2,700.
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 $1,475 to $2,700 with an average monthly rent of $2,079.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.