Cheap Apartments for Rent in the Open Gates Neighborhood of Lexington, KY from $500 (27 Rentals)

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Cheap Apartments in the Open Gates area of Lexington.

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
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Malabu Bridge Condos
1 Bedroom Apartments

Malabu Bridge Condos

828 Malabu DrLexington, KY 40502
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1356 Royalty Ct
1 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
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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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Lansdowne Grove
1 to 2 Bedroom Apartments

Lansdowne Grove

3489 Lansdowne DrLexington, KY 40517
Family Friendly
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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Open Gates, Lexington, KY Local Guide

Cheapest Available Open Gates Apartments for Rent

 

The cheapest available apartment rental in the Open Gates area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Brookhaven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Open Gates apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Chelsea Apartments1 Bedroom1BR,1BA$895
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895
The AlexandraBeaumont Elite1BR,1BA$899
Lansdowne Grove1 Bedroom 1 Bathroom Classic1BR,1BA$900
Barrel Oaks ApartmentsTimeless One Bedroom1BR,1BA$969
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$975
Regency Apartments at SouthlandTwo Bedroom/One Bath2BR,1BA$995

Best Value Apartments for Rent in Open Gates, KY

As of May 02, 2025 the best value apartment in the Open Gates area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Open Gates apartment is the Bradford Model at MAA Mansion starting at $1,308 with a $1.44 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Open Gates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tates Creek Village3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
MAA MansionBradford2BR,1BA$1.44
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
rmLexingtonRM-10G1BR,1BA$1.50
Belmont Run ApartmentsTwo Bedroom2BR,1BA$1.41
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.44
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
Barrel Oaks ApartmentsTimeless One Bedroom1BR,1BA$1.47
Chelsea Apartments1 Bedroom1BR,1BA$1.39
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$1.38

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Pet Friendly Lifestyle
Open Gates, Lexington, KY

Ranked #7

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Lexington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Open Gates Neighborhood in Lexington, KY

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Open Gates Apartments

What is a cheap apartment in Open Gates?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Open Gates is under $995.

What is the price of a cheap apartment in Open Gates?

The cheapest apartment in Open Gates is VELO - Waller Avenue which is listed at $745, while the average apartment in Open Gates costs $1,876.

What types of apartments are the cheapest in Open Gates?

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 8 regular apartments in Open Gates 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 Open Gates?

Cheap apartments in Open Gates have an average cost of $612 which is $1,264 cheaper than the average rent for all rentals in Open Gates.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.