Cheap Apartments for Rent in the Pralltown Neighborhood of Lexington, KY from $600 (39 Rentals)

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

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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included

Pralltown, Lexington, KY Local Guide

Cheapest Available Pralltown Apartments for Rent

 

The cheapest available apartment rental in the Pralltown area of Lexington, KY is a 1 Bed unit found at The Landing at Lex priced from $745. VELO - Waller Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Pralltown apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Landing at LexLand1.11BR,1BA$745
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$806
515 S Upper StNear CampusStudio,1BA$825
Park VistaPV1.11BR,1BA$829
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$840
Crescent at Shadeland Apartments0BR/1.0BAStudio,1BA$859
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860

Best Value Apartments for Rent in Pralltown, KY

As of September 21, 2025 the best value apartment in the Pralltown 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 Pralltown 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 Pralltown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The StretchTwo Bedroom2BR,2BA$0.88
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
Townhomes & Flats at FontaineClassic2BR,1.5BA$1.31
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
Rosetown ApartmentsTwo Bedroom2BR,1BA$1.19
Park VistaPV1.11BR,1BA$1.12
The Landing at LexLand1.11BR,1BA$1.10
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$1.34
515 S Upper StNear CampusStudio ,1BA$1.38

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Pet Friendly Lifestyle
Pralltown, Lexington, KY

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Pralltown Neighborhood in Lexington, KY

Walk Score®

77 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

78 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Pralltown Apartments

What is the Cheapest Studio apartment in Pralltown?

Currently the most affordable Cheap Studio Apartment in Pralltown is at 515 S Upper St listed at $825.

How much is rent for a Cheap One Bedroom Pralltown Apartment?

The lowest price for a Cheap One Bedroom Pralltown Apartment is $745 at The Landing at Lex.

What is the lowest price for a Cheap Two Bedroom Pralltown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pralltown is starting from $805 at Twenty Two Twenty.

What is the most affordable Pralltown Three Bedroom Apartment?

The best deal on a cheap Pralltown Three Bedroom Apartment rental is at Twenty Two Twenty and starts from $1,000.

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.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.