Cheap Apartments for Rent in the Seven Parks Neighborhood of Lexington, KY from $600 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Seven Parks 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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Seven Parks, Lexington, KY Local Guide

Cheapest Available Seven Parks Apartments for Rent

 

The cheapest available apartment rental in the Seven Parks area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Regency Apartments at Southland has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Seven Parks apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Regency Apartments at SouthlandTwo Bedroom/One Bath2BR,1BA$995
Belmont Run ApartmentsOne Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Seven Parks, KY

As of December 11, 2025 the best value apartment in the Seven Parks area is the $1.57 price per square foot Furnished Executive Unit - 1B & 2B Model at Regency Apartments at Southland in the in the Stonewall Community neighborhood starting from $1,200. The second greatest value Seven Parks apartment is the 2x1 Model at 1729 Midtown starting at $1,690 with a $2.28 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Seven Parks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Apartments at SouthlandFurnished Executive Unit - 1B & 2B1BR,1BA$1.57
1729 Midtown2x12BR,1BA$2.28
Belmont Run ApartmentsOne Bedroom1BR,1BA$1.52
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
Seven Parks, Lexington, KY

Ranked #64

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Seven Parks Neighborhood in Lexington, KY

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

80 / 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 Seven Parks Apartments

What is the price of a cheap apartment in Seven Parks?

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

What types of apartments are the cheapest in Seven Parks?

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

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!