Cheap Apartments for Rent in the Palomar Neighborhood of Lexington, KY from $500 (22 Rentals)

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

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included
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Palomar Woods
1 to 3 Bedroom Apartments

Palomar Woods

1850 Old Higbee Mill RdLexington, KY 40514
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Palomar Stables
1 to 3 Bedroom Apartments

Palomar Stables

3765 Winthrop DrLexington, KY 40514

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Showing Results 1-22, Page 1 of 1

Cheapest Available Palomar Apartments for Rent

 

The cheapest available apartment rental in the Palomar area of Lexington, KY is a Studio unit found at Emerson Center 62+ Senior Apartments priced from $750. Wellington Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Palomar apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$775
Flats at BeaumontNewly-Renovated Studio Apartments!Studio,1BA$950
Prime at GardensideA11BR,1BA$975
Flats at TurflandFlat - Open Kitchen1BR,1BA$995

Best Value Apartments for Rent in Palomar, KY

As of August 07, 2026 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 2 Bed 2 Bath Model at Shillito Park Apartments starting at $1,295 with a $1.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
rmLexingtonRM-20G2BR,2BA$1.43
Shillito Park Apartments2 Bed 2 Bath2BR,2BA$1.15
Palomar Woods2 Bedroom2BR,2BA$1.51
Palomar Stables1 Bedroom1BR,1BA$2.01
Palomar View Apartments1 Bedroom1BR,1BA$1.84
Beaumont Farms Apartments1BR/1.0BA1BR,1BA$1.74
The Wellington1 Bedroom1BR,1BA$1.58
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$1.21
Prime at GardensideA21BR,1BA$1.67
Flats at TurflandFlat - Open Kitchen1BR,1BA$1.83

Frequently Asked Questions about Cheap Palomar Apartments

What is the price of a cheap apartment in Palomar?

The cheapest apartment in Palomar is Wellington Park Apartments which is listed at $775, while the average apartment in Palomar costs $1,379.

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 16 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 $549 which is $830 cheaper than the average rent for all rentals in Palomar.

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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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.

decorative image for The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington article

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.

decorative image for The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities article

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

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decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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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