Cheap Apartments for Rent in the Plantation Neighborhood of Lexington, KY from $500 (5 Rentals)

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

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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.

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

Plantation, Lexington, KY Local Guide

Cheapest Available Plantation Apartments for Rent

 

The cheapest available apartment rental in the Plantation area of Lexington, KY is a Studio unit found at Emerson Center 62+ Senior Apartments priced from $750. Harrods Point Apartments - Newly remodeled has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. Here are the most affordable Plantation apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Harrods Point Apartments - Newly remodeledSmall one Bedroom1BR,1BA$929
Flats at Beaumont -Newly-Renovated Condo-Style!Newly-Renovated Studio Apartments!Studio,1BA$950

Best Value Apartments for Rent in Plantation, KY

As of May 31, 2026 the best value apartment in the Plantation area is the $1.37 price per square foot 2 Bedroom Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,495. The second greatest value Plantation apartment is the Vettori Model at Beaumont Farms Apartments starting at $1,799 with a $1.68 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for Plantation apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palomar View Apartments2 Bedroom2BR,2BA$1.37
Beaumont Farms ApartmentsVettori2BR,2BA$1.68
Prime at GardensideThe Derby2BR,2BA$1.29
The Wellington2 Bedroom2BR,1BA$1.51
Palomar Stables1 Bedroom1BR,1BA$1.81
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
rmLexingtonRM-10G1BR,1BA$1.84
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.24
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66
Flats at TurflandFlat - Kitchen Bar1BR,1BA$1.83

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
Plantation, 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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Frequently Asked Questions about Cheap Plantation Apartments

What is a cheap apartment in Plantation?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Plantation is under $1,448.

What is the price of a cheap apartment in Plantation?

The cheapest apartment in Plantation is Emerson Center 62+ Senior Apartments which is listed at $875, while the average apartment in Plantation costs $1,810.

What types of apartments are the cheapest in Plantation?

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 4 regular apartments in Plantation 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 Plantation?

Cheap apartments in Plantation have an average cost of $129 which is $1,681 cheaper than the average rent for all rentals in Plantation.

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

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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 Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington

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Articles, How-To's, and Tips

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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.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.