Cheap Apartments for Rent in the Rabbit Run Neighborhood of Lexington, KY from $500 (8 Rentals)

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

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

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Rabbit Run, Lexington, KY Local Guide

Cheapest Available Rabbit Run Apartments for Rent

 

The cheapest available apartment rental in the Rabbit Run area of Lexington, KY is a Studio unit found at Emerson Center 62+ Senior Apartments priced from $799. Flats at Turfland has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Rabbit Run apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$799
Flats at TurflandRenovated 1 Bedroom - Open Concept1BR,1BA$895
Harrods Point Apartments - Newly remodeledSmall one BedroomStudio,1BA$899

Best Value Apartments for Rent in Rabbit Run, KY

As of October 25, 2025 the best value apartment in the Rabbit Run area is the $1.15 price per square foot 2 Bed 2 Bath Model at Shillito Park Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,295. The second greatest value Rabbit Run apartment is the 2X2 Model at Palomar View Apartments starting at $1,520 with a $1.40 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for Rabbit Run apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shillito Park Apartments2 Bed 2 Bath2BR,2BA$1.15
Palomar View Apartments2X22BR,2BA$1.40
rmLexingtonRM-10G1BR,1BA$1.72
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.60
Bridle Creek ApartmentsA1 Chevy Chase - One Bedroom, One Bathroom1BR,1BA$1.55
The Wellington1 Bedroom1BR,1BA$1.53
MAA MansionMaxwell1BR,1BA$1.73
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66
Prime at GardensideThe Summit1BR,1BA$1.67
Flats at TurflandRenovated 1 Bedroom - Kitchen Bar1BR,1BA$1.74

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Pet Friendly Lifestyle
Rabbit Run, Lexington, KY

Ranked #35

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Kentucky including Rabbit Run, Lexington, and the greater Lexington area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Rabbit Run Apartments

What is the price of a cheap apartment in Rabbit Run?

The cheapest apartment in Rabbit Run is Flats at Turfland which is listed at $895, while the average apartment in Rabbit Run costs $1,962.

What types of apartments are the cheapest in Rabbit Run?

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 5 regular apartments in Rabbit Run 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 Rabbit Run?

Cheap apartments in Rabbit Run have an average cost of $266 which is $1,696 cheaper than the average rent for all rentals in Rabbit Run.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.