Cheap Apartments for Rent in the Outer Southeast Lexington Neighborhood of Lexington, KY from $500 (79 Rentals)

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

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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • 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

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Outer Southeast Lexington, Lexington, KY Local Guide

Cheapest Available Outer Southeast Lexington Apartments for Rent

 

The cheapest available apartment rental in the Outer Southeast Lexington area of Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes priced from $685. The Landing at Lex has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Outer Southeast Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
The Landing at LexLand1.11BR,1BA$745
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
CedarwoodThe BristolStudio,1BA$749
Crescent at Shadeland Apartments0BR/1.0BAStudio,1BA$819
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825
The Townhomes and Flats at FontaineBuilding A1BR,1BA$845
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$845
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Rose Tower ApartmentsOne Bedroom1BR,1BA$850

Best Value Apartments for Rent in Outer Southeast Lexington, KY

As of June 25, 2025 the best value apartment in the Outer Southeast Lexington 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 Outer Southeast Lexington apartment is the 3318 Wood Valley Ct Model at 3318 Wood Valley Ct, Unit Duplex starting at $1,500 with a $1.25 price per square foot in the Lansdowne neighborhood. Here is today’s list of the best values for Outer Southeast Lexington 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
3318 Wood Valley Ct, Unit Duplex3318 Wood Valley Ct2BR,1BA$1.25
Squire Mill Town Homes2 Bedroom Townhomes2BR,2BA$1.18
The Colony at the OaksThe Cypress2BR,1.5BA$1.28
Mt. Tabor Apartments2 Bed, 1.5 Bath Apartment2BR,1.5BA$1.17
The StretchTwo Bedroom2BR,2BA$0.88
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1.5BA$1.14
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
The Landing at LexLand1.11BR,1BA$1.10

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Outer Southeast Lexington, Lexington, KY

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Outer Southeast Lexington, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Outer Southeast Lexington, Lexington, and the greater Lexington area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Outer Southeast Lexington Apartments

What is a cheap apartment in Outer Southeast Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Southeast Lexington is under $850.

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

The cheapest apartment in Outer Southeast Lexington is BelleFontaine Apartment Homes which is listed at $735, while the average apartment in Outer Southeast Lexington costs $3,672.

What types of apartments are the cheapest in Outer Southeast 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 5 regular apartments in Outer Southeast 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 Southeast Lexington?

Cheap apartments in Outer Southeast Lexington have an average cost of $2,103 which is $1,569 cheaper than the average rent for all rentals in Outer Southeast Lexington.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.