
Cheap 1 Bedroom Apartments for Rent in the Red Mile Neighborhood of Lexington, KY from $610 (16 Rentals)


VELO - Waller Avenue

1921 Oxford Cir

The Crossings Apartment Homes

Davis Park Station
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.

Senior Housing 55+ - Christian Towers II

807 Press Ave, Unit 1

Walton Place Apartments

1356 Royalty Ct

Preakness Apartments
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.

Ironwood Apartment Homes

Oxford Circle

Westminster Village - Affordable Housing

Medical View Properties

Privada Homes - NEW MGMT!
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.

Bluegrass Commons
Red Mile, Lexington, KY Local Guide

How much does it cost to rent an apartment in Red Mile?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Mile Studio Apartments | $935 | $935 | $935 |
Red Mile 1 Bedroom Apartments | $1,132 | $610 | $1,665 |
| Red Mile 2 Bedroom Apartments | $1,303 | $854 | $1,820 |
| Red Mile 3 Bedroom Apartments | $1,363 | $1,009 | $1,687 |
| Red Mile 4 Bedroom Apartments | $1,311 | $739 | $3,600 |
Explore Lexington
Red Mile, Lexington, KY Local Guide
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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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleRed Mile, Lexington, KY
Ranked #50
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Red Mile Apartments
What is the price of a cheap apartment in Red Mile?
The cheapest apartment in Red Mile is 1901 Apartment Homes which is listed at $620, while the average apartment in Red Mile costs $5,000.
What types of apartments are the cheapest in Red Mile?
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 24 regular apartments in Red Mile 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 Red Mile?
Cheap apartments in Red Mile have an average cost of $990 which is $4,010 cheaper than the average rent for all rentals in Red Mile.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.