Cheap Apartments for Rent in the Outer Southeast Lexington Neighborhood of Lexington, KY from $500 (91 Rentals)

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

property at 261 Lyndhurst Pl

261 Lyndhurst Pl

LexingtonKY40508

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.

Read Article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-50, Page 1 of 2

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. Longwood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. 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
LongwoodJeffery2BR,2BA$730
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
CedarwoodJonahStudio,1BA$749
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$840
Crescent at Shadeland Apartments0BR/1.0BAStudio,1BA$859
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
Breckinridge CourtStudio 460 sf (st2)1BR,1BA$895
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$895
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895

Best Value Apartments for Rent in Outer Southeast Lexington, KY

As of October 11, 2025 the best value apartment in the Outer Southeast Lexington area is the $1.00 price per square foot 1312 Fontaine Rd Model at 1312 Fontaine Rd, Unit 1312 in the in the Montclair neighborhood starting from $2,000. The second greatest value Outer Southeast Lexington apartment is the 2 Bedroom 1.5 Bathroom Model at Tates Creek Village starting at $1,050 with a $0.88 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.
1312 Fontaine Rd, Unit 13121312 Fontaine Rd2BR,2BA$1.00
Tates Creek Village2 Bedroom 1.5 Bathroom2BR,1.5BA$0.88
Rivers at BluegrassRenovated 2 Bed / 1 Bath Deluxe2BR,1BA$1.26
Life at LexingtonJuniper2BR,1BA$1.19
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$1.02
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$1.09
The Champions at BluegrassSeattle Slew1BR,1BA$1.19
The Colony at the OaksThe Willow1BR,1BA$1.27
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$1.20

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Pet Friendly Lifestyle
Outer Southeast Lexington, Lexington, KY

Ranked #2

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
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 $895.

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 $4,500.

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 13 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 $1,049 which is $3,451 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.