Cheap Apartments for Rent in the Shadeland Community Neighborhood of Lexington, KY from $500 (36 Rentals)

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

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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
  • Utilities Included

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Shadeland Community, Lexington, KY Local Guide

Cheapest Available Shadeland Community Apartments for Rent

 

The cheapest available apartment rental in the Shadeland Community area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Cedarwood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Shadeland Community apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
CedarwoodJonahStudio,1BA$749
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$840
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895
Landing at Malabu852 Malabu - Newly-Renovated One Bedroom Apartm...1BR,1BA$895
The Axis at 1435StudioStudio,1BA$920
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$924
Barrel Oaks ApartmentsBOA 3/2 Premium Unit (Chestnut)3BR,2BA$980
Breckinridge Court1 Bed 1 Bath 675 sf (a2)1BR,1BA$995
Gatehouse Apartments - Most Utl Incl.1 BR1BR,1BA$995

Best Value Apartments for Rent in Shadeland Community, KY

As of September 10, 2025 the best value apartment in the Shadeland Community area is the $0.96 price per square foot 2 Bedroom 1.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,150. The second greatest value Shadeland Community apartment is the Renovated 2 Bed / 1 Bath Deluxe Model at Rivers at Bluegrass starting at $1,449 with a $1.26 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for Shadeland Community apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tates Creek Village2 Bedroom 1.5 Bathroom2BR,1.5BA$0.96
Rivers at BluegrassRenovated 2 Bed / 1 Bath Deluxe2BR,1BA$1.26
Saddlebrook at Tates CreekThe Arlington1BR,1.5BA$1.33
The StretchTwo Bedroom2BR,2BA$0.88
Townhomes & Flats at FontaineClassic2BR,1.5BA$1.31
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1.5BA$1.14
LongwoodJacob2BR,1BA$1.27
The Champions at BluegrassAristides2BR,2BA$1.28
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.28
The Colony at the OaksThe Willow1BR,1BA$1.33

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Pet Friendly Lifestyle
Shadeland Community, Lexington, KY

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Shadeland Community, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Shadeland Community Apartments

What is a cheap apartment in Shadeland Community?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shadeland Community is under $995.

What is the price of a cheap apartment in Shadeland Community?

The cheapest apartment in Shadeland Community is VELO - Waller Avenue which is listed at $745, while the average apartment in Shadeland Community costs $3,680.

What types of apartments are the cheapest in Shadeland Community?

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 31 regular apartments in Shadeland Community 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 Shadeland Community?

Cheap apartments in Shadeland Community have an average cost of $1,537 which is $2,143 cheaper than the average rent for all rentals in Shadeland Community.

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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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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.