
Cheap Apartments for Rent in the Palomar Neighborhood of Lexington, KY from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palomar area of Lexington.


Harrods Point Apartments - Newly remodeled
Palomar, Lexington, KY Local Guide

How much does it cost to rent an apartment in Palomar?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palomar Studio Apartments | $899 | $899 | $899 |
Palomar 1 Bedroom Apartments | $1,177 | $700 | $1,541 |
Palomar 2 Bedroom Apartments | $1,456 | $1,099 | $1,831 |
Palomar 3 Bedroom Apartments | $1,849 | $1,460 | $2,225 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Palomar Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Palomar, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Palomar, KY
As of July 25, 2025 the best value apartment in the Palomar area is the $1.43 price per square foot RM-20G Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,690. The second greatest value Palomar apartment is the 1 Bed 1 Bath Model at Shillito Park Apartments starting at $1,025 with a $1.28 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Palomar apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
rmLexington | RM-20G | 2BR,2BA | $1.43 |
Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
Harrods Point Apartments - Newly remodeled | 1 Bedroom FULLY RENOVATED | 1BR,1BA | $1.60 |
Beaumont Farms Apartments | Aldebaron | 1BR,1BA | $1.91 |
The Alexandra | Beaumont Elite | 1BR,1BA | $1.64 |
Flats at Turfland | Newly-Renovated One Bedroom Apartments! | 1BR,1BA | $1.74 |
Quick 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.
Pet Friendly LifestylePalomar, Lexington, KY
Ranked #44
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Palomar Neighborhood in Lexington, KY
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
18 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Palomar Apartments
What is the price of a cheap apartment in Palomar?
The cheapest apartment in Palomar is Flats at Turfland which is listed at $945, while the average apartment in Palomar costs $1,786.
What types of apartments are the cheapest in Palomar?
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 3 regular apartments in Palomar 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 Palomar?
Cheap apartments in Palomar have an average cost of $137 which is $1,649 cheaper than the average rent for all rentals in Palomar.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.