Cheap Homes for Rent in Picadome Neighborhood of Lexington, KY from $700 (5 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $715. Oxford Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Picadome apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Preakness ApartmentsP111BR,1BA$715
Oxford Circleoxf 1.11BR,1BA$735
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745

Best Value Apartments for Rent in Picadome, KY

As of May 30, 2025 the best value apartment in the Picadome area is the $0.88 price per square foot Two Bedroom Model at The Stretch in the in the Downtown Lexington neighborhood starting from $865. The second greatest value Picadome apartment is the The Secretariat Model at Signature starting at $1,040 with a $1.13 price per square foot in the Downtown Lexington 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.
The StretchTwo Bedroom2BR,2BA$0.88
SignatureThe Secretariat2BR,2BA$1.13
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1.22
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
1901 Apartment Homes2 Bedrooms, 1 Bathroom2BR,1BA$1.13
Park VistaPV1.11BR,1BA$1.12
Davis Park Station - NOW Leasing!One Bedroom1BR,1BA$1.18
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
Preakness ApartmentsP111BR,1BA$1.07

Quick Rent Budget Calculator

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Frequently Asked Questions about Picadome

What type of rentals are currently available in Picadome?

There are currently 518 Apartments for Rent in Picadome, KY with pricing that ranges from $715 to $5,651. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Picadome ranging from $799 to $4,800.

What is the current price range for Rental Homes in Picadome?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Picadome ranges from $799 to $4,800 with an average monthly rent of $2,033.

How much are larger Three and Four Bedroom Rentals in Picadome?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Picadome range from $950 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,220.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.