
Cheap Homes for Rent in Picadome Neighborhood of Lexington, KY from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Picadome area of Lexington.


1972 Cambridge Dr

168 Woodland Ave

1255 Alexandria Dr

1244-1246 Alexandria Dr, Unit B

1100 Turkey Foot Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1901 Nicholasville Rd

401 Springhill Dr

653 Montclair Dr

1100 Horsemans Ln

425 Gibson Ave

752 Addison Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

208 Linwood Dr
Picadome, Lexington, KY Local Guide

How much does it cost to rent a home in Picadome?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Picadome 2 Bedroom Homes for Rent | $2,221 | $1,300 | $4,900 |
| Picadome 3 Bedroom Homes for Rent | $2,006 | $1,500 | $2,700 |
| Picadome 4 Bedroom Homes for Rent | $2,962 | $1,800 | $4,500 |
| Picadome 5 Bedroom Homes for Rent | $4,460 | $2,800 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Picadome Neighborhood of Lexington, KY.
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Picadome, Lexington, KY Local Guide
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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 VELO Lexington priced from $745. Preakness Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Picadome apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Preakness Apartments | P11 | 1BR,1BA | $750 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| Parkside Apartments | 1 Bedroom | 1BR,1BA | $785 |
Best Value Apartments for Rent in Picadome, KY
As of June 12, 2026 the best value apartment in the Picadome area is the $0.53 price per square foot 525: 4 bed - 4.5 Bath Model at Latitude Lexington in the in the Downtown Lexington neighborhood starting from $774. The second greatest value Picadome apartment is the 2 Bedrooms W/ Balcony Model at Thoroughbred Crossing starting at $1,200 with a $1.25 price per square foot in the Beaumont Residential neighborhood. Here is today’s list of the best values for Picadome apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Latitude Lexington | 525: 4 bed - 4.5 Bath | 4BR,4.5BA | $0.53 |
| Thoroughbred Crossing | 2 Bedrooms W/ Balcony | 2BR,1BA | $1.25 |
| 2204 Winterberry Dr, Unit Side A | 2204 Winterberry Dr | 2BR,1BA | $1.11 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.20 |
| 1901 Apartments | 2BR - 1BTH Renovated | 2BR,1BA | $1.51 |
| Oxford Circle | oxf 1.1 | 1BR,1BA | $1.46 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
| Parkside Apartments | 1 Bedroom | 1BR,1BA | $1.30 |
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.
Read ArticleReal 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.
Read ArticleQuick 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 LifestylePicadome, Lexington, KY
Ranked #23
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Picadome, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Picadome
What type of rentals are currently available in Picadome?
There are currently 526 Apartments for Rent in Picadome, KY with pricing that ranges from $739 to $11,625. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Picadome ranging from $695 to $5,000.
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 $695 to $5,000 with an average monthly rent of $2,555.
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 $1,000 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $739.
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

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
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I'm Catrina, your ApartmentHomeLiving.

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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.