Cheap Apartments for Rent in the S. Broadway Park Neighborhood of Lexington, KY from $600 (13 Rentals)

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

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1356 Royalty Ct
1 to 2 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
  • Utilities Included
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
  • Utilities Included

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Medical Villas
1 Bedroom Apartments

Medical Villas

180 Leader AveLexington, KY 40508
Student Housing
  • Utilities Included

S. Broadway Park, Lexington, KY Local Guide

Cheapest Available S. Broadway Park Apartments for Rent

 

The cheapest available apartment rental in the S. Broadway Park area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Belmont Run Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable S. Broadway Park apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Belmont Run ApartmentsOne Bedroom1BR,1BA$1,050
Gateway Lofts LexingtonYoungStudio,1BA$1,121
Studios340 - All Inclusive PricingStudioStudio,1BA$1,255
Burley Properties4 x 3 Standard4BR,3BA$2,500

Best Value Apartments for Rent in S. Broadway Park, KY

As of December 16, 2025 the best value apartment in the S. Broadway Park area is the $1.83 price per square foot 4 x 3 Standard Model at Burley Properties in the in the Downtown Lexington neighborhood starting from $2,500. The second greatest value S. Broadway Park apartment is the One Bedroom Model at Belmont Run Apartments starting at $1,050 with a $1.52 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for S. Broadway Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burley Properties4 x 3 Standard4BR,3BA$1.83
Belmont Run ApartmentsOne Bedroom1BR,1BA$1.52
Gateway Lofts LexingtonYoungStudio ,1BA$2.47
Studios340 - All Inclusive PricingFurnished StudioStudio ,1BA$4.16
VELO - Waller AvenueFULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST...1BR,1BA$3.34

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
S. Broadway Park, Lexington, KY

Ranked #62

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including S. Broadway Park, Lexington, and the greater Lexington area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, multifamily communities for the kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the S. Broadway Park Neighborhood in Lexington, KY

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap S. Broadway Park Apartments

What is the price of a cheap apartment in S. Broadway Park?

The cheapest apartment in S. Broadway Park is VELO - Waller Avenue which is listed at $745, while the average apartment in S. Broadway Park costs $5,000.

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

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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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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.

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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!