
Cheap Apartments for Rent in the South Lexington Neighborhood of Lexington, KY from $500 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lexington area of Lexington.


Emerson Center 62+ Senior Apartments

368 Redding Rd

Lansdowne Apartments

2157 Cypress Dr

Brookhaven Apartments

Chelsea Apartments

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The Studios at Belmont - MAJOR UTILITIES INCL

Total Monthly Price
Lansdowne Grove Apartments

Harrods Point Apartments - Newly remodeled
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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Flats at Turfland

Total Monthly Price
The Vue Lexington

Vetra Lexington

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Barrel Oaks Apartments

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The Axis at 1435

Prime at Gardenside

807 Press Ave, Unit 1

Regency Apartments at Southland

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Shillito Park Apartments

The Wellington
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.

460 Lenney Dr

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2204 Winterberry Dr, Unit Side A

Rivers at Bluegrass

Total Monthly Price
The Colony at the Oaks

148 Shawnee Pl

Spring House on the Park

Belmont Run Apartments

Bridle Creek Apartments

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The Callaway

Element
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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Flats at Beaumont

Saddle Run Townhomes

589 Delzan Plz, Unit 4

MAA Mansion

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Studios340 - All Inclusive Pricing

rmLexington

Rabbit Run Apartments

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1729 Midtown

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Forty57 Apartments

Gateway Lofts Lexington
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Palomar View Apartments

313 Mockingbird Ln

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Henry at Fritz Farm

127 Gazette Ave, Unit 1

474 Bob O Link Dr

Furnished Studio-Lexington - Nicholasville...

1546 Jacana Dr

Garden Springs Apartments

Walton Place Apartments

2173 Cypress Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
South Lexington, Lexington, KY Local Guide

How much does it cost to rent an apartment in South Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lexington Studio Apartments | $1,428 | $750 | $2,451 |
| South Lexington 1 Bedroom Apartments | $1,422 | $745 | $3,046 |
| South Lexington 2 Bedroom Apartments | $1,662 | $995 | $5,950 |
| South Lexington 3 Bedroom Apartments | $2,130 | $1,399 | $3,627 |
| South Lexington 4 Bedroom Apartments | $2,160 | $1,620 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the South Lexington Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
South Lexington, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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Cheapest Available South Lexington Apartments for Rent
 The cheapest available apartment rental in the South Lexington area of Lexington, KY is a 1 Bed unit found at VELO Lexington priced from $745. Emerson Center 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable South Lexington apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| The Studios at Belmont - MAJOR UTILITIES INCL | Studio | Studio,1BA | $895 |
| Lansdowne Grove Apartments | 1BD/ 1 BA | 1BR,1BA | $900 |
| Harrods Point Apartments - Newly remodeled | Small one Bedroom | 1BR,1BA | $929 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $945 |
| Vetra Lexington | 1 Bedroom 1 Bath | 1BR,1BA | $949 |
| The Vue Lexington | 1 Bed 1 Bath | 1BR,1BA | $949 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $969 |
| Prime at Gardenside | The Beaumont | 1BR,1BA | $975 |
Best Value Apartments for Rent in South Lexington, KY
As of April 05, 2026 the best value apartment in the South Lexington area is the $1.46 price per square foot C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,776. The second greatest value South Lexington apartment is the 2 Bed 2 Bath Model at Shillito Park Apartments starting at $1,295 with a $1.15 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for South Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bridle Creek Apartments | C1 University - 3br - Three Bedroom, Two Bathroom | 3BR,2BA | $1.46 |
| Shillito Park Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
| Palomar View Apartments | 2 Bedroom | 2BR,2BA | $1.50 |
| Saddle Run Townhomes | Guadalupe | 2BR,1.5BA | $1.06 |
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.19 |
| 2204 Winterberry Dr, Unit Side A | 2204 Winterberry Dr | 2BR,1BA | $1.11 |
| Rivers at Bluegrass | Classic 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
| Harrods Point Apartments - Newly remodeled | 1 Bedroom FULLY RENOVATED | 1BR,1BA | $1.24 |
| The Wellington | 1 Bedroom | 1BR,1BA | $1.42 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $1.47 |
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.
Read ArticleDon'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 LifestyleSouth Lexington, Lexington, KY
Ranked #11
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Lexington, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Southwestern Lexington, KY. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Lexington Apartments
What is the Cheapest Studio apartment in South Lexington?
Currently the most affordable Cheap Studio Apartment in South Lexington is at Emerson Center 62+ Senior Apartments listed at $750.
How much is rent for a Cheap One Bedroom South Lexington Apartment?
The lowest price for a Cheap One Bedroom South Lexington Apartment is $745 at VELO Lexington.
What is the lowest price for a Cheap Two Bedroom South Lexington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Lexington is starting from $995 at Regency Apartments at Southland.
What is the most affordable South Lexington Three Bedroom Apartment?
The best deal on a cheap South Lexington Three Bedroom Apartment rental is at Vetra Lexington and starts from $1,299.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.