Cheap Apartments for Rent in the Rabbit Run Neighborhood of Lexington, KY from $500 (29 Rentals)

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

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 763 Spring Meadows Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

763 Spring Meadows Dr

LexingtonKY40504
property at 628 Hadlow St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

3 Bedroom, 2.5 Bath Home for Rent

Available Now

628 Hadlow St

LexingtonKY40503
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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

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.

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Prime at Gardenside
1 to 4 Bedroom Apartments

Prime at Gardenside

2044 Georgian WayLexington, KY 40504
Student Housing
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Palomar Woods
1 to 3 Bedroom Apartments

Palomar Woods

1850 Old Higbee Mill RdLexington, KY 40514

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.

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Showing Results 1-29, Page 1 of 1

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 $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 Rabbit Run 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
The Vue Lexington1 Bed 1 Bath1BR,1BA$949
The Wellington1 Bedroom1BR,1BA$949
Flats at TurflandFlat - Open Kitchen1BR,1BA$995
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$995
Bridle Creek ApartmentsA1 Chevy Chase - One Bedroom, One Bathroom1BR,1BA$1,080
Flats at Beaumont -Newly-Renovated Condo-Style!Newly-Renovated One-Bedroom Apartments! AVAILAB...1BR,1BA$1,095
Prime at GardensideThe Fritz2BR,1BA$1,099
rmLexingtonRM-101BR,1BA$1,262

Best Value Apartments for Rent in Rabbit Run, KY

As of May 03, 2026 the best value apartment in the Rabbit Run area is the $1.41 price per square foot 3 Bedroom Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,851. The second greatest value Rabbit Run apartment is the C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments starting at $1,776 with a $1.46 price per square foot in the The Meadows At Brannon Crossing 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.
Palomar View Apartments3 Bedroom3BR,2BA$1.41
Bridle Creek ApartmentsC1 University - 3br - Three Bedroom, Two Bathroom3BR,2BA$1.46
Beaumont Farms ApartmentsVettori2BR,2BA$1.68
MAA MansionWinslow2BR,2BA$1.41
rmLexingtonRM-101BR,1BA$1.50
Prime at GardensideThe Fritz2BR,1BA$1.31
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.24
The Wellington1 Bedroom1BR,1BA$1.35
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.58

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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Best Local Schools in
Rabbit Run, Lexington, KY

School data provided by Great Schools

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 a cheap apartment in Rabbit Run?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rabbit Run is under $1,262.

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

The cheapest apartment in Rabbit Run is Emerson Center 62+ Senior Apartments which is listed at $875, while the average apartment in Rabbit Run costs $1,866.

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 7 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 $258 which is $1,608 cheaper than the average rent for all rentals in Rabbit Run.

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.

Articles, How-To's, and Tips

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.