Cheap Apartments for Rent in the Palomar Neighborhood of Lexington, KY from $500 (4 Rentals)

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

Palomar, Lexington, KY Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
rmLexingtonRM-20G2BR,2BA$1.43
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.28
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.60
Beaumont Farms ApartmentsAldebaron1BR,1BA$1.91
The AlexandraBeaumont Elite1BR,1BA$1.64
Flats at TurflandNewly-Renovated One Bedroom Apartments!1BR,1BA$1.74

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Pet Friendly Lifestyle
Palomar, Lexington, KY

Ranked #44

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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.

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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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.

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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.

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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.