Cheap Apartments for Rent in the Picadome Neighborhood of Lexington, KY from $400 (96 Rentals)

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

property at 562 Woodland Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

Studio, 1 Bath Condo for Rent

Available Now

562 Woodland Ave

LexingtonKY40508

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Oxford Circle
$1,022 - $1,222
Total Monthly Price

Total Monthly Price

Base Rent
$1,022 - $1,222
Total Monthly Price
$1,022 - $1,222
1 Bedroom Apartments Available Now

Oxford Circle

1805 Oxford CirLexington, KY 40504
Affordability
  • Verified

The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent

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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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Park Plaza Apartments
$1,299 - $3,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,695
Total Monthly Price
$1,299 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
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  • Utilities Included
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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included
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Hillrise Place
Studio Apartments

Hillrise Place

709 Hill Rise CtLexington, KY 40504

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Picadome, Lexington, KY Local Guide

Cheapest Available Picadome Apartments for Rent

 

The cheapest available apartment rental in the Picadome 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 Picadome apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Preakness ApartmentsP111BR,1BA$750
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$750
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$775
562 Woodland Ave0 Beds, 1 BathsStudio,1BA$875
VELO LexingtonFULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST...1BR,1BA$895
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$895
Chelsea Apartments1 Bedroom1BR,1BA$895
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$900
Parkside Apartments2 Bedroom2BR,1BA$910

Best Value Apartments for Rent in Picadome, KY

As of August 15, 2026 the best value apartment in the Picadome area is the $1.25 price per square foot 2 Bedrooms W/ Balcony Model at Thoroughbred Crossing in the in the Beaumont Residential neighborhood starting from $1,200. The second greatest value Picadome apartment is the 2 Bedroom w/ Study Model at Limestone Square/Medical Villas starting at $1,240 with a $1.31 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Picadome apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
Limestone Square/Medical Villas2 Bedroom w/ Study2BR,2BA$1.31
Park VistaPV2.12BR,1BA$0.97
Malabu Terrace Condominiums1 Beds, 1 Baths1BR,1BA$1.02
2220 Apartments2BR - 1.5BTH Renovated2BR,1.5BA$1.29
Parkside Apartments2 Bedroom2BR,1BA$1.13
Rivers at Bluegrass1 Bed, 1 Bath1BR,1BA$1.20
Preakness ApartmentsP111BR,1BA$1.12
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$1.15
Wellington Park ApartmentsOne Bed One Bath1BR,1BA$1.21

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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Picadome, Lexington, KY

Ranked #22

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Picadome, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Picadome, Lexington, and the greater Lexington area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, family-friendly amenities, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Picadome Apartments

What is a cheap apartment in Picadome?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Picadome is under $910.

What is the price of a cheap apartment in Picadome?

The cheapest apartment in Picadome is Preakness Apartments which is listed at $750, while the average apartment in Picadome costs $1,195.

What types of apartments are the cheapest in Picadome?

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 37 regular apartments in Picadome 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 Picadome?

Cheap apartments in Picadome have an average cost of $772 which is $423 cheaper than the average rent for all rentals in Picadome.

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.

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