Cheap Apartments for Rent in the Outer East Lexington Neighborhood of Lexington, KY from $595 (35 Rentals)

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

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

Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

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The Ascent1555
$975 - $1,395

Total Monthly Price

Base Rent$975 - $1,395

Total Monthly Price$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 470 Anniston Dr
$1,088

Total Monthly Price

Base Rent$1,088

Total Monthly Price$1,088
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

470 Anniston Dr

LexingtonKY40505

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Hartford Place
Studio to 2 Bedroom Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
  • Utilities Included
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Parkway Manor
1 to 3 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
  • Utilities Included
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Heritage Hills
1 to 2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
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Imperial
1 to 3 Bedroom Apartments

Imperial

115 W Loudon AveLexington, KY 40508
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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing

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109 Withers Ave
1 Bedroom Apartments

109 Withers Ave

109 Withers AveLexington, KY 40505
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
  • Utilities Included
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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
  • Utilities Included
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VAT1851
1 Bedroom Apartments

VAT1851

1851 Dalton CtLexington, KY 40505
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Fox Run Apartments
Studio to 3 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
  • Utilities Included

Lexington's Best Affordable Neighborhoods

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

property at 1811 Dalton Ct
$1,099
2 Bedroom Rentals
Available Now
Affordability

1811 Dalton Ct

LexingtonKY40505

Outer East Lexington, Lexington, KY Local Guide

Cheapest Available Outer East Lexington Apartments for Rent

 

The cheapest available apartment rental in the Outer East Lexington area of Lexington, KY is a Studio unit found at The Dawn Run Apartments priced from $790. Valore at the Baxter has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Outer East Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Dawn Run ApartmentsStudio XLStudio,1BA$790
Valore at the Baxter1 Bed | 1 Bath1BR,1BA$799
Prime Hamburg Apartments1BR - 1BTH1BR,1BA$850
Double Tree ApartmentsStudioStudio,1BA$875
VAT18511 Bedroom1BR,1BA$925
The Ascent1555Renovated StudioStudio,1BA$975
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$995
Alcove at Russell1 Bedroom1BR,1BA$1,075
The Paddock ApartmentsOne Bedroom1BR,1BA$1,195
1809 at WinchesterA2 Maxima - 1 Bedroom, 1 Bathroom1BR,1BA$1,229

Best Value Apartments for Rent in Outer East Lexington, KY

As of September 12, 2026 the best value apartment in the Outer East Lexington area is the $1.21 price per square foot 2 Bedroom 2 Bath Model at Alcove at Russell Cave in the in the Winburn neighborhood starting from $1,293. The second greatest value Outer East Lexington apartment is the One Bedroom Model at The Paddock Apartments starting at $1,195 with a $1.41 price per square foot in the Winburn neighborhood. Here is today’s list of the best values for Outer East Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alcove at Russell Cave2 Bedroom 2 Bath2BR,2BA$1.21
The Paddock ApartmentsOne Bedroom1BR,1BA$1.41
Alcove at Russell1 Bedroom1BR,1BA$1.43
Prime Hamburg ApartmentsElite 1BR - 1BTH1BR,1BA$1.31
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$1.34
1809 at WinchesterA2 Maxima - 1 Bedroom, 1 Bathroom1BR,1BA$1.97
The Dawn Run ApartmentsStudio XLStudio ,1BA$1.32
Valore at the Baxter1 Bed | 1 Bath1BR,1BA$1.34
VAT18511 Bedroom1BR,1BA$1.61
Double Tree ApartmentsStudio RenovatedStudio ,1BA$2.32

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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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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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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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
Outer East Lexington, Lexington, KY

Ranked #69

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Outer East Lexington Apartments

What is a cheap apartment in Outer East Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer East Lexington is under $1,229.

What is the price of a cheap apartment in Outer East Lexington?

The cheapest apartment in Outer East Lexington is Valore at the Baxter which is listed at $799, while the average apartment in Outer East Lexington costs $1,100.

What types of apartments are the cheapest in Outer East Lexington?

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 9 regular apartments in Outer East Lexington 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 Outer East Lexington?

Cheap apartments in Outer East Lexington have an average cost of $287 which is $813 cheaper than the average rent for all rentals in Outer East Lexington.

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.

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