2656 Michelle Park
LexingtonKY40511
Cheap Homes for Rent in Masterson Station Neighborhood of Lexington, KY from $1,600 (2 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.
412 Lucille Dr
LexingtonKY40511
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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 | $2,021 | $1,695 | $2,350 |
| Masterson Station 4 Bedroom Homes for Rent | $2,625 | $2,550 | $2,700 |
| Masterson Station 5 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 March 07, 2026 the best value apartment in the Masterson Station area is the $1.27 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,909. The second greatest value Masterson Station apartment is the 2609 Bourbon Walk Model at Citation Lofts starting at $2,200 with a $1.47 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 | $1.27 |
| Citation Lofts | 2609 Bourbon Walk | 2BR,2BA | $1.47 |
| Trailside at McConnells Trace | Baybrook | 3BR,3BA | $1.57 |
| Ashton Park Apartments | Magnolia | 2BR,2BA | $1.48 |
| Gated Villa Apartments at Kearney | Two Bedroom | 2BR,2BA | $1.38 |
| The Village at Great Acres | Bridger | 2BR,2BA | $1.87 |
| Kearney Ridge - Affordable Housing | One Bedroom | 1BR,1BA | $1.21 |
| 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 Article
The 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMasterson Station, Lexington, KY
Ranked #63
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 27 Apartments for Rent in Masterson Station, KY with pricing that ranges from $740 to $2,250. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Masterson Station ranging from $1,695 to $3,450.
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 $1,695 to $3,450 with an average monthly rent of $2,698.
How much are larger Three and Four Bedroom Rentals in Masterson Station?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Masterson Station range from $1,260 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $2,210.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.