Cheap Homes for Rent in Open Gates Neighborhood of Lexington, KY from $900 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Open Gates area of Lexington.

property at 3573 Laredo Dr

$929 - $1,199

2 Bedroom Rentals

Available Now

3573 Laredo Dr

LexingtonKY40517

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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Showing Results 1-11, Page 1 of 1

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 Lexington 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 ListingModel NameBed/BathPriced From
VELO LexingtonNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$995
Landing at MalabuMalabu Flat 8481BR,1BA$995
Flats at TurflandFlat - Kitchen Bar1BR,1BA$995

Best Value Apartments for Rent in Open Gates, KY

As of May 29, 2026 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 C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments starting at $1,776 with a $1.46 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
Bridle Creek ApartmentsC1 University - 3br - Three Bedroom, Two Bathroom3BR,2BA$1.46
Barrel Oaks ApartmentsStretch Out and Settle In To This 3 Bedroom, 2 ...3BR,2BA$1.31
Prime at GardensideThe Derby2BR,2BA$1.29
The Wellington2 Bedroom2BR,1BA$1.51
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Regency Apartments at SouthlandFurnished Executive Unit - 1B & 2B1BR,1BA$1.57
The Colony at the OaksThe Willow1BR,1BA$1.45
Lansdowne Grove Apartments1BR 1B Premium1BR,1BA$1.60
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66

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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Pet Friendly Lifestyle
Open Gates, Lexington, KY

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Open Gates, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Open Gates

What type of rentals are currently available in Open Gates?

There are currently 185 Apartments for Rent in Open Gates, KY with pricing that ranges from $745 to $2,978. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Open Gates ranging from $995 to $5,000.

What is the current price range for Rental Homes in Open Gates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Open Gates ranges from $995 to $5,000 with an average monthly rent of $2,708.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.