Cheap Apartments for Rent in the Meadowthorpe Neighborhood of Lexington, KY from $600 (26 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Hillrise Place
Studio Apartments

Hillrise Place

709 Hill Rise CtLexington, KY 40504
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Oxford Circle
1 Bedroom Apartments

Oxford Circle

1805 Oxford CirLexington, KY 40504
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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
  • Utilities Included

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.

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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
  • Utilities Included
Showing Results 1-26, 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 Caballo Crossing priced from $700. Oxford Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Meadowthorpe apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Oxford Circleoxf 1.11BR,1BA$735
Preakness ApartmentsP111BR,1BA$750
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Crystal GardensCG 1.11BR,1BA$810
Park VistaPV1.11BR,1BA$829
Cambridge Park1 Bedroom 1 Bath1BR,1BA$850
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$854
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
Rose Tower ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Meadowthorpe, KY

As of July 22, 2025 the best value apartment in the Meadowthorpe area is the $1.22 price per square foot 201 Price Rd Model at 201 Price Rd, Unit Apt 223 in the in the Downtown Lexington neighborhood starting from $1,375. The second greatest value Meadowthorpe apartment is the Two Bedroom Model at The Stretch starting at $865 with a $0.88 price per square foot in the Downtown Lexington 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.
201 Price Rd, Unit Apt 223201 Price Rd1BR,1BA$1.22
The StretchTwo Bedroom2BR,2BA$0.88
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
SignatureThe Secretariat2BR,2BA$1.13
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
Park VistaPV1.11BR,1BA$1.12
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
Preakness ApartmentsP111BR,1BA$1.12
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.29

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Meadowthorpe, Lexington, KY

Ranked #32

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Getting Around the Meadowthorpe Neighborhood in Lexington, KY

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $900.

What is the price of a cheap apartment in Meadowthorpe?

The cheapest apartment in Meadowthorpe is Caballo Crossing which is listed at $700, 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 $1,016 which is $2,329 cheaper than the average rent for all rentals in Meadowthorpe.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.