
Cheap Homes for Rent in Outer Southwest Lexington Neighborhood of Lexington, KY from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Outer Southwest Lexington area of Lexington.


3736 Camelot Dr

421 Redding Rd
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.

2121 Nicholasville Rd

597 Delzan Pl

3573 Laredo Dr
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.

342 Waller Ave
Outer Southwest Lexington, Lexington, KY Local Guide

How much does it cost to rent a home in Outer Southwest Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer Southwest Lexington 2 Bedroom Homes for Rent | $1,318 | $850 | $1,700 |
| Outer Southwest Lexington 3 Bedroom Homes for Rent | $2,057 | $1,595 | $2,800 |
| Outer Southwest Lexington 4 Bedroom Homes for Rent | $2,580 | $1,600 | $3,800 |
| Outer Southwest Lexington 6 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
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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 |
Best Value Apartments for Rent in Outer Southwest Lexington, KY
As of February 27, 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.
Read ArticleThe 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
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.
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.
Best Local Schools in Outer Southwest Lexington, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Outer Southwest Lexington
What type of rentals are currently available in Outer Southwest Lexington?
There are currently 203 Apartments for Rent in Outer Southwest Lexington, KY with pricing that ranges from $745 to $2,978. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer Southwest Lexington ranging from $695 to $3,800.
What is the current price range for Rental Homes in Outer Southwest Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer Southwest Lexington ranges from $695 to $3,800 with an average monthly rent of $2,114.
How much are larger Three and Four Bedroom Rentals in Outer Southwest Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer Southwest Lexington range from $1,399 to $2,978, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,750.
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.