
Cheap Homes for Rent in the Outer West Lexington Neighborhood of Lexington, KY from $695 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Outer West Lexington area of Lexington.


335 American Ave

493 Bob O Link Dr

209 Creekside Ct

213 Creekside Ct

401 Springhill Dr
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.

317 Mockingbird Ln

494 Bob O Link Dr

137 Garrett Ave

205 Simpson Ave, Unit 212

1684 Hill View Pl

261 Simpson Ave, Unit 226
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1720 Traveller Rd

1100 Horsemans Ln

1893 Dunkirk Dr

1728 Shenandoah Dr

621 Golfview Dr

729 Golfview Dr
The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent
Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.
Outer West Lexington, Lexington, KY Local Guide

How much does it cost to rent a home in Outer West Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer West Lexington 2 Bedroom Homes for Rent | $1,623 | $1,075 | $2,750 |
| Outer West Lexington 3 Bedroom Homes for Rent | $1,910 | $1,350 | $3,500 |
| Outer West Lexington 4 Bedroom Homes for Rent | $3,261 | $1,600 | $4,750 |
| Outer West Lexington 5 Bedroom Homes for Rent | $4,808 | $4,250 | $5,500 |
| Outer West Lexington 6 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
| Outer West Lexington 7 Bedroom Homes for Rent | $6,650 | $6,650 | $6,650 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Outer West Lexington Neighborhood of Lexington, KY.
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Outer West Lexington, Lexington, KY Local Guide
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Cheapest Available Outer West Lexington Apartments for Rent
 The cheapest available apartment rental in the Outer West Lexington area of Lexington, KY is a 1 Bed unit found at Preakness Apartments priced from $750. 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 West Lexington apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preakness Apartments | P11 | 1BR,1BA | $750 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| Park Vista | PV1.1 | 1BR,1BA | $829 |
| The Studios at Belmont - MAJOR UTILITIES INCL | Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Outer West Lexington, KY
As of September 10, 2026 the best value apartment in the Outer West Lexington area is the $1.31 price per square foot 2 Bedroom w/ Study Model at Limestone Square/Medical Villas in the in the Montclair neighborhood starting from $1,240. The second greatest value Outer West Lexington apartment is the 525: 2 Bed - 2 Bath Model at Latitude Lexington starting at $999 with a $1.07 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for Outer West Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Limestone Square/Medical Villas | 2 Bedroom w/ Study | 2BR,2BA | $1.31 |
| Latitude Lexington | 525: 2 Bed - 2 Bath | 2BR,2BA | $1.07 |
| Thoroughbred Crossing | 2 Bedroom Garden floor | 2BR,1BA | $1.22 |
| 2220 Apartments | 2BR - 1.5BTH Renovated | 2BR,1.5BA | $1.29 |
| Signature | The Derby | 2BR,2BA | $1.47 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.13 |
| Park Vista | PV1.1 | 1BR,1BA | $1.12 |
| Oxford Circle | oxf 1.1 | 1BR,1BA | $1.46 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
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 ArticleNavigating 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.
Read ArticleReal 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.
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 West Lexington, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Outer West Lexington
What type of rentals are currently available in Outer West Lexington?
There are currently 221 Apartments for Rent in Outer West Lexington, KY with pricing that ranges from $750 to $6,250. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer West Lexington ranging from $695 to $6,650.
What is the current price range for Rental Homes in Outer West Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer West Lexington ranges from $695 to $6,650 with an average monthly rent of $3,146.
How much are larger Three and Four Bedroom Rentals in Outer West Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer West Lexington range from $1,009 to $1,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $799.
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

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.