Cheap Apartments for Rent in the Meadowthorpe Neighborhood of Lexington, KY from $700 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Meadowthorpe 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.

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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.

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Emerald Twenty Four
Rent Specials
$1,189 - $1,936
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,936
Total Monthly Price
$1,189 - $1,936
Studio to 3 Bedroom Apartments Available Now

Emerald Twenty Four

1024 Greendale RdLexington, KY 40511
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Cash 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.

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The Paddock Apartments
$1,195 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,345
Total Monthly Price
$1,195 - $1,345
1 to 2 Bedroom Apartments Available Jul 10

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
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  • Customer Reviewed
  • Utilities Included
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The Artisan
$1,250 - $1,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,924
Total Monthly Price
$1,250 - $1,924
1 to 3 Bedroom Apartments Available Jul 14

The Artisan

2601 Sandersville RdLexington, KY 40511
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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Park Plaza Apartments
$1,289 - $3,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $3,695
Total Monthly Price
$1,289 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Whitney Woods
2 to 3 Bedroom Apartments

Whitney Woods

700 Whitney Woods PlLexington, KY 40504

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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Townley Park East
1 to 2 Bedroom Apartments

Townley Park East

158 Louie PlLexington, KY 40511
  • Utilities Included
Showing Results 1-29, Page 1 of 1

Meadowthorpe, Lexington, KY Local Guide

Cheapest Available Meadowthorpe Apartments for Rent

 

The cheapest available apartment rental in the Meadowthorpe area of Lexington, KY is a 1 Bed unit found at Oxford Circle priced from $760. Twenty Two Twenty has the second lowest priced unit, which is a 2 Beds apartment currently listed from $805. Here are the most affordable Meadowthorpe apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Oxford Circleoxf 1.11BR,1BA$760
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$935
1901 Apartments1BR - 1BTH Upgraded1BR,1BA$945
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$992
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1,100
The Oaks at Woodland1 Bed, 1 bath1BR,1BA$1,171
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$1,180
Studios180 - Short/Long Term LeasesStudioStudio,1BA$1,195
Studios340 - All Inclusive PricingStudioStudio,1BA$1,255

Best Value Apartments for Rent in Meadowthorpe, KY

As of June 06, 2026 the best value apartment in the Meadowthorpe area is the $1.16 price per square foot 3 bedroom townhome w garage Model at The Artisan in the in the Georgetown neighborhood starting from $1,924. The second greatest value Meadowthorpe apartment is the 3 BR Townhome + Garage Model at Emerald Twenty Four starting at $1,936 with a $1.29 price per square foot in the Georgetown neighborhood. Here is today’s list of the best values for Meadowthorpe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Artisan3 bedroom townhome w garage3BR,2BA$1.16
Emerald Twenty Four3 BR Townhome + Garage3BR,2.5BA$1.29
Latitude Lexington525: 4 bed - 4.5 Bath4BR,4.5BA$0.53
Trailside at McConnells TraceRockwell3BR,2.5BA$1.60
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
326 E High St, Unit 2326 E High St3BR,1BA$1.67
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
1901 Apartments2BR - 1BTH Renovated2BR,1BA$1.51
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$1.59
Oxford Circleoxf 1.11BR,1BA$1.36

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.

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Quick 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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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lexington. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Meadowthorpe Apartments

What is a cheap apartment in Meadowthorpe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meadowthorpe is under $1,255.

What is the price of a cheap apartment in Meadowthorpe?

The cheapest apartment in Meadowthorpe is Oxford Circle which is listed at $760, while the average apartment in Meadowthorpe costs $3,345.

What types of apartments are the cheapest in Meadowthorpe?

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 19 regular apartments in Meadowthorpe 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 Meadowthorpe?

Cheap apartments in Meadowthorpe have an average cost of $942 which is $2,403 cheaper than the average rent for all rentals in Meadowthorpe.

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

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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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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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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.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.