Cheap Apartments for Rent in the Montclair Neighborhood of Lexington, KY from $600 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montclair 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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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
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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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University Flats
2 to 4 Bedroom Apartments

University Flats

1160 University DrLexington, KY 40526
Student Housing
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Medical Villas
1 Bedroom Apartments

Medical Villas

180 Leader AveLexington, KY 40508
Student Housing
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Kampus Townhouses
2 Bedroom Apartments

Kampus Townhouses

429-460 E Euclid AveLexington, KY 40508
Student Housing
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Kampus Park
2 Bedroom Apartments

Kampus Park

400 Transylvania ParkLexington, KY 40508
Student Housing

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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Showing Results 1-22, Page 1 of 1

Montclair, Lexington, KY Local Guide

Cheapest Available Montclair Apartments for Rent

 

The cheapest available apartment rental in the Montclair area of Lexington, KY is a Studio unit found at The Axis at 1435 priced from $970. MidTown Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Montclair apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Axis at 1435StudioStudio,1BA$970
MidTown ApartmentsWoodland1BR,1BA$1,005
Crescent at Shadeland Apartments1BR/1.0BA1BR,1BA$1,059
The Oaks at Woodland1 Bed, 1 bath1BR,1BA$1,171

Best Value Apartments for Rent in Montclair, KY

As of June 22, 2026 the best value apartment in the Montclair area is the $1.95 price per square foot 1 Bed, 1 bath Model at The Oaks at Woodland in the in the Montclair neighborhood starting from $1,171. The second greatest value Montclair apartment is the 1BR/1.0BA Model at Crescent at Shadeland Apartments starting at $1,059 with a $1.89 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Montclair apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Oaks at Woodland1 Bed, 1 bath1BR,1BA$1.95
Crescent at Shadeland Apartments1BR/1.0BA1BR,1BA$1.89
400 S Ashland Ave, Unit #11400 S Ashland AveStudio ,1BA$1.80
MidTown ApartmentsLimestone1BR,1BA$2.67
The Axis at 1435Studio CourtyardStudio ,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.

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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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Best Local Schools in
Montclair, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Montclair Apartments

What is a cheap apartment in Montclair?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montclair is under $1,171.

What is the price of a cheap apartment in Montclair?

The cheapest apartment in Montclair is MidTown Apartments which is listed at $1,005, while the average apartment in Montclair costs $3,345.

What types of apartments are the cheapest in Montclair?

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 11 regular apartments in Montclair that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.