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$745 - $1,4001 Bedroom Apartments Available Now
VELO - Waller Avenue
353 Waller AveLexington, KY 40504
Cheap Apartments for Rent in the Outer Southwest Lexington Neighborhood of Lexington, KY from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer Southwest Lexington area of Lexington.
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Rent Specials
$750 - $979Studio to 1 Bedroom Apartments Available Now
Emerson Center 62+ Senior Apartments
2050 Garden Springs DrLexington, KY 40504
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$775 - $2,0101 to 2 Bedroom Apartments Available Now
Breckinridge Court
420 Redding RdLexington, KY 40517
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$850 - $1,650Studio to 3 Bedroom Apartments Available Now
Tates Creek Village
3051 Kirklevington DrLexington, KY 40517
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$865 - $1,2001 to 2 Bedroom Apartments Available Now
Lansdowne Apartments
820 Malabu DrLexington, KY 40502
2157 Cypress Dr
LexingtonKY40504
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$895 - $945
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $825
Required Monthly Fees
$120
Total Monthly Price
$895 - $945
Landing at Malabu
848 Malabu DrLexington, KY 40502
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$8951 Bedroom Apartments Available Now
Brookhaven Apartments
147 Malabu DrLexington, KY 40503
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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$895 - $1,0951 to 2 Bedroom Apartments Available Now
Chelsea Apartments
2640 Wilhite CtLexington, KY 40503
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$895 - $945
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $825
Required Monthly Fees
$120
Total Monthly Price
$895 - $945
Flats at Turfland
2315 Harrodsburg RdLexington, KY 40504
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$920 - $1,199
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$899 - $1,178
Required Monthly Fees
$21
Total Monthly Price
$920 - $1,199
The Callaway
3745 Camelot DrLexington, KY 40517
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$940 - $1,7251 to 2 Bedroom Apartments Available Now
Canter Pointe
3650 Tates Creek RdLexington, KY 40517
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$949 - $1,1491 to 2 Bedroom Apartments Available Feb 28
Park Thirty99
3099 Kirklevington DrLexington, KY 40517
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$969 - $1,399
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$969 - $1,399
Total Monthly Price
$969 - $1,399
Barrel Oaks Apartments
249 E Reynolds RdLexington, KY 40517
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$970 - $1,125
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$830 - $985
Required Monthly Fees
$140
Total Monthly Price
$970 - $1,125
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
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$975 - $1,5251 to 3 Bedroom Apartments Available Now
Prime at Gardenside
2044 Georgian WayLexington, KY 40504
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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$987 - $1,940
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$966 - $1,919
Required Monthly Fees
$21
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$987 - $1,940
Creeks on Kirklevington
3050 Kirklevington DrLexington, KY 40517
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$995 - $1,5001 to 2 Bedroom Apartments Available Now
Regency Apartments at Southland
2075 Regency RdLexington, KY 40503
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$995 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$941 - $1,241
Required Monthly Fees
$54
Total Monthly Price
$995 - $1,295
Shillito Park Apartments
3500 Beaver Place RdLexington, KY 40503
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$995 - $1,150
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$861 - $1,016
Required Monthly Fees
$134
Total Monthly Price
$995 - $1,150
The Vue Lexington
2070 Garden Springs DrLexington, KY 40504
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$999 - $1,3691 to 2 Bedroom Apartments Available Now
The Wellington
3312 Keithshire WayLexington, KY 40503
460 Lenney Dr
LexingtonKY40517
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$1,000
Total Monthly Price
2 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$1,000
Total Monthly Price
$1,000
2204 Winterberry Dr, Unit Side A
2204 Winterberry DrLexington, KY 40504
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$1,024 - $1,1741 to 2 Bedroom Apartments Available Now
Rivers at Bluegrass
2504 Larkin RdLexington, KY 40503
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,025 - $1,761
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,005 - $1,741
Required Monthly Fees
$20
Total Monthly Price
$1,025 - $1,761
The Colony at the Oaks
385 Redding RdLexington, KY 40517
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$1,048 - $3,4081 to 2 Bedroom Apartments Available Now
MAA Mansion
3820 Nicholasville RdLexington, KY 40503
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$1,057 - $2,981
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$967 - $2,891
Required Monthly Fees
$90
Total Monthly Price
$1,057 - $2,981
The Metropolitan
3751 Appian WayLexington, KY 40517
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$1,075 - $1,2251 to 2 Bedroom Apartments Available Now
Belmont Run Apartments
1232 Man O War PlLexington, KY 40504
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$1,089 - $1,5141 to 2 Bedroom Apartments Available Now
Element
3200 Loch Ness DrLexington, KY 40517
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$1,095 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available Mar 6Total Monthly Price
Base Rent
$210 - $410
Required Monthly Fees
$885
Total Monthly Price
$1,095 - $1,295
Landing at Tates Creek
3565 Tates Creek RdLexington, KY 40517
562 Woodland Ave
LexingtonKY40508
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Studio Apartments
Garden Springs Apartments
2001 Garden Springs DrLexington, KY 40504
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Studio Apartments
Zandale/Lowry Studio Apartments
133 Zandale DrLexington, KY 40503
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1 Bedroom Apartments
Walton Place Apartments
178 Gazette AveLexington, KY 40508
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1 Bedroom Apartments
2173 Cypress Dr
2173 Cypress DrLexington, KY 40504
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1 Bedroom Apartments
Malabu Bridge Condos
828 Malabu DrLexington, KY 40502
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Studio Apartments
Imperial Studio Apartments
381 Elaine DrLexington, KY 40504
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1 to 2 Bedroom Apartments
1356 Royalty Ct
1356 Royalty CtLexington, KY 40504
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Studio to 2 Bedroom Apartments
Lansdowne Grove
3489 Lansdowne DrLexington, KY 40517
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2 to 4 Bedroom Apartments
University Flats
1160 University DrLexington, KY 40526
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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1 to 3 Bedroom Apartments
Merrick Place
3260 Commodore DrLexington, KY 40502
Showing Results 1-41, Page 1 of 1
Outer Southwest Lexington, Lexington, KY Local Guide
How much does it cost to rent an apartment in Outer Southwest Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer Southwest Lexington Studio Apartments | $1,226 | $750 | $1,650 |
| Outer Southwest Lexington 1 Bedroom Apartments | $1,152 | $745 | $2,223 |
| Outer Southwest Lexington 2 Bedroom Apartments | $1,451 | $995 | $2,682 |
| Outer Southwest Lexington 3 Bedroom Apartments | $1,983 | $1,399 | $2,978 |
| Outer Southwest Lexington 4 Bedroom Apartments | $2,175 | $1,750 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Outer Southwest Lexington Neighborhood of Lexington, KY.
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Outer Southwest Lexington, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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Cheapest Available Outer Southwest Lexington Apartments for Rent
The cheapest available apartment rental in the Outer Southwest Lexington area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Emerson Center 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Outer Southwest Lexington apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Breckinridge Court | Studio 460 sf (st2) | 1BR,1BA | $775 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $895 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $895 |
| Landing at Malabu | Malabu Flat 852 | 1BR,1BA | $895 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $920 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $940 |
Best Value Apartments for Rent in Outer Southwest Lexington, KY
As of February 26, 2026 the best value apartment in the Outer Southwest Lexington area is the $1.20 price per square foot The Cypress Model at The Colony at the Oaks in the in the Lansdowne neighborhood starting from $1,255. The second greatest value Outer Southwest Lexington apartment is the The Ellicott Model at Creeks on Kirklevington starting at $1,310 with a $1.46 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Outer Southwest Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.20 |
| Creeks on Kirklevington | The Ellicott | 2BR,1BA | $1.46 |
| The Metropolitan | Bluegrass | 2BR,1BA | $1.21 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Rivers at Bluegrass | Classic 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
| The Wellington | 1 Bedroom | 1BR,1BA | $1.42 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.34 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
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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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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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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Best Local Schools in Outer Southwest Lexington, Lexington, KY
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Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Southwest Central Lexington, KY. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Outer Southwest Lexington Apartments
What is a cheap apartment in Outer Southwest Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Southwest Lexington is under $940.
What is the price of a cheap apartment in Outer Southwest Lexington?
The cheapest apartment in Outer Southwest Lexington is VELO - Waller Avenue which is listed at $745, while the average apartment in Outer Southwest Lexington costs $5,000.
What types of apartments are the cheapest in Outer Southwest 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 36 regular apartments in Outer Southwest 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 Southwest Lexington?
Cheap apartments in Outer Southwest Lexington have an average cost of $579 which is $4,421 cheaper than the average rent for all rentals in Outer Southwest 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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.