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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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.

close
View Me
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
Park VistaPV1.11BR,1BA$829
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$840
Cambridge Park1 Bedroom 1 Bath1BR,1BA$850
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860

Best Value Apartments for Rent in Pralltown, KY

As of August 03, 2025 the best value apartment in the Pralltown area is the $1.22 price per square foot 201 Price Rd Model at 201 Price Rd, Unit Apt 223 in the in the Downtown Lexington neighborhood starting from $1,375. 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.
201 Price Rd, Unit Apt 223201 Price Rd1BR,1BA$1.22
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
Life at LexingtonJuniper2BR,1BA$1.09
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
Kampus Properties STUDENT HOUSING - 2024-'25416 Aylesford Place #62BR,1BA$1.33
Park VistaPV1.11BR,1BA$1.12
The Landing at LexLand1.11BR,1BA$1.10
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22
611 Buckingham Ln, Unit Basement Apartment611 Buckingham Ln1BR,1BA$1.32

Quick 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.

decorative image of people with a giant lease agreement

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 a cheap apartment in Pralltown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pralltown is under $860.

What is the price of a cheap apartment in Pralltown?

The cheapest apartment in Pralltown is The Landing at Lex which is listed at $745, while the average apartment in Pralltown costs $3,680.

What types of apartments are the cheapest in Pralltown?

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 22 regular apartments in Pralltown 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 Pralltown?

Cheap apartments in Pralltown have an average cost of $1,546 which is $2,134 cheaper than the average rent for all rentals in Pralltown.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.