Cheap Apartments for Rent in the Outer Southeast Lexington Neighborhood of Lexington, KY from $400 (124 Rentals)

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

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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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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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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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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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. VELO Lexington 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
VELO LexingtonNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Townhomes & Flats at FontaineBuilding CStudio,1BA$825
Tates Creek Crossings1 Bedroom 1 Bath1BR,1BA$862
Lexington VillasLV111BR,1BA$895
Patchen PlaceOne Bedroom Townhouse1BR,1BA$899
Lansdowne Grove Apartments1BD/ 1 BA1BR,1BA$900
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$900
Lexington SquareCypress1BR,1BA$912

Best Value Apartments for Rent in Outer Southeast Lexington, KY

As of June 22, 2026 the best value apartment in the Outer Southeast Lexington area is the $1.27 price per square foot Red Hill Model at MAA Lakepointe in the in the Boone Creek neighborhood starting from $1,353. The second greatest value Outer Southeast Lexington apartment is the Galliant Fox Model at The Champion at Bluegrass Apartments starting at $1,444 with a $1.36 price per square foot in the Boone Creek 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.
MAA LakepointeRed Hill2BR,2BA$1.27
The Champion at Bluegrass ApartmentsGalliant Fox3BR,2BA$1.36
Canter PointeSecretariat - 2x22BR,2BA$1.16
Breckinridge Court2 Bd 2 Bth 858 sf (b1)2BR,2BA$1.37
Brandywine1 Bed1BR,1BA$1.25
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.20
Patchen PlaceOne Bedroom Townhouse1BR,1BA$1.20
Tates Creek Crossings1 Bedroom 1 Bath1BR,1BA$1.23
Lexington SquareCypress1BR,1BA$1.30
The Callaway1x1-A1BR,1BA$1.34

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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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 $912.

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 $4,125.

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 15 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 $1,039 which is $3,086 cheaper than the average rent for all rentals in Outer Southeast 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.

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

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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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

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