
Cheap Apartments for Rent in the Open Gates Neighborhood of Lexington, KY from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Open Gates area of Lexington.


Emerson Center 62+ Senior Apartments

Tates Creek Village

Lansdowne Apartments

2157 Cypress Dr

Chelsea Apartments

Brookhaven Apartments

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Flats at Turfland

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Landing at Malabu
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The Studios at Belmont - MAJOR UTILITIES INCL

Park Thirty99

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Barrel Oaks Apartments

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The Axis at 1435

Prime at Gardenside

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The Vue Lexington

Regency Apartments at Southland

807 Press Ave, Unit 1

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Shillito Park Apartments
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The Wellington

Total Monthly Price
2204 Winterberry Dr, Unit Side A

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The Colony at the Oaks

Rivers at Bluegrass

MAA Mansion

Belmont Run Apartments

Element

562 Woodland Ave

Garden Springs Apartments
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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.

Zandale/Lowry Studio Apartments

Walton Place Apartments

2173 Cypress Dr

Malabu Bridge Condos

Imperial Studio Apartments

1356 Royalty Ct

Medical View Properties

Lansdowne Grove

University Flats
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Open Gates, Lexington, KY Local Guide

How much does it cost to rent an apartment in Open Gates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Open Gates Studio Apartments | $1,112 | $750 | $1,620 |
| Open Gates 1 Bedroom Apartments | $1,206 | $745 | $2,241 |
| Open Gates 2 Bedroom Apartments | $1,538 | $995 | $2,682 |
| Open Gates 3 Bedroom Apartments | $1,978 | $1,399 | $2,978 |
| Open Gates 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Open Gates Neighborhood of Lexington, KY.
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Open Gates, Lexington, KY Local Guide
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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. Emerson Center 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Open Gates apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $895 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $895 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Landing at Malabu | Malabu Flat 852 | 1BR,1BA | $895 |
| Lansdowne Apartments | Large 1BR/1BA | 1BR,1BA | $940 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $969 |
| Prime at Gardenside | The Beaumont | 1BR,1BA | $975 |
Best Value Apartments for Rent in Open Gates, KY
As of February 27, 2026 the best value apartment in the Open Gates area is the $1.19 price per square foot The Cypress Model at The Colony at the Oaks in the in the Lansdowne neighborhood starting from $1,252. The second greatest value Open Gates apartment is the 1 Bed 1 Bath Model at Shillito Park Apartments starting at $995 with a $1.24 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.19 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Lansdowne Apartments | Large 2BR/1BA | 2BR,1BA | $1.51 |
| Rivers at Bluegrass | Classic 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
| The Wellington | 1 Bedroom | 1BR,1BA | $1.42 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $1.56 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $1.47 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.49 |
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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Read ArticleQuick 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.
Pet Friendly LifestyleOpen Gates, Lexington, KY
Ranked #20
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Open Gates, Lexington, KY
School data provided by Great Schools
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.
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 $975.
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 $5,000.
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 27 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 $366 which is $4,634 cheaper than the average rent for all rentals in Open Gates.
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.