Cheap Apartments for Rent in the Pralltown Neighborhood of Lexington, KY from $700 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
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.

Read Article

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.

Read Article
close
View Me
Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included
Showing Results 1-11, Page 1 of 1

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 Preakness Apartments priced from $715. The Landing at Lex 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
Preakness ApartmentsP111BR,1BA$715
The Landing at LexLand1.11BR,1BA$745
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825
Park VistaPV1.11BR,1BA$829
Shorelake Apartments - Recently Remodeled!Medium 1 Bedroom1BR,1BA$845

Best Value Apartments for Rent in Pralltown, KY

As of June 11, 2025 the best value apartment in the Pralltown area is the $1.12 price per square foot PV1.1 Model at Park Vista in the in the Beaumont Residential neighborhood starting from $829. The second greatest value Pralltown apartment is the Land1.1 Model at The Landing at Lex starting at $745 with a $1.10 price per square foot in the Boone Creek 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.
Park VistaPV1.11BR,1BA$1.12
The Landing at LexLand1.11BR,1BA$1.10
Preakness ApartmentsP111BR,1BA$1.07
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.29
Shorelake Apartments - Recently Remodeled!Medium 1 Bedroom1BR,1BA$1.32
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$1.38
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Pralltown Apartments

What is the price of a cheap apartment in Pralltown?

The cheapest apartment in Pralltown is Preakness Apartments which is listed at $715, while the average apartment in Pralltown costs $924.

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 4 regular apartments in Pralltown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.