
Cheap Apartments for Rent in the Outer East Lexington Neighborhood of Lexington, KY from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer East Lexington area of Lexington.


The Dawn Run Apartments

Caballo Crossing

Matador North Apartments

921 N Broadway
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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.

1862 Marietta Dr

Double Tree Apartments

268 E Loudon Ave

933 N Broadway

Eastland Hills Apartments
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Outer East Lexington, Lexington, KY Local Guide

How much does it cost to rent an apartment in Outer East Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer East Lexington Studio Apartments | $816 | $625 | $975 |
| Outer East Lexington 1 Bedroom Apartments | $1,043 | $595 | $1,473 |
| Outer East Lexington 2 Bedroom Apartments | $1,169 | $858 | $1,761 |
| Outer East Lexington 3 Bedroom Apartments | $1,302 | $1,020 | $1,488 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Outer East Lexington Neighborhood of Lexington, KY.
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Outer East Lexington, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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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 Matador North Apartments priced from $800. Caballo Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $858. Here are the most affordable Outer East Lexington apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Matador North Apartments | Studio | Studio,1BA | $800 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $858 |
| Double Tree Apartments | 2 Bedroom Traditional | 2BR,1BA | $910 |
| The Dawn Run Apartments | 2x1 SM | 2BR,1BA | $920 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $995 |
Best Value Apartments for Rent in Outer East Lexington, KY
As of December 10, 2025 the best value apartment in the Outer East Lexington area is the $1.16 price per square foot Elite 2 BR Model at Eastland Hills Apartments in the in the Liberty Area neighborhood starting from $1,085. The second greatest value Outer East Lexington apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eastland Hills Apartments | Elite 2 BR | 2BR,1BA | $1.16 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| The Dawn Run Apartments | 2x1 SM | 2BR,1BA | $1.08 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
| Revive 1749 - All Utilities Incl | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Double Tree Apartments | 2 Bedroom Traditional | 2BR,1BA | $1.11 |
| Matador North Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.34 |
| 1809 at Winchester | A2 Maxima - 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.14 |
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 LifestyleOuter East Lexington, Lexington, KY
Ranked #49
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Outer East Lexington, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Outer East Lexington Apartments
What is the price of a cheap apartment in Outer East Lexington?
The cheapest apartment in Outer East Lexington is Matador North Apartments which is listed at $934, while the average apartment in Outer East Lexington costs $1,329.
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 10 regular apartments in Outer East Lexington 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.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






