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$745 - $1,4001 Bedroom Apartments Available Now
VELO - Waller Avenue
353 Waller AveLexington, KY 40504
Cheap Apartments for Rent in the South Lexington Neighborhood of Lexington, KY from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lexington area of Lexington.
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Rent Specials
$750 - $979Studio to 1 Bedroom Apartments Available Now
Emerson Center 62+ Senior Apartments
2050 Garden Springs DrLexington, KY 40504
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$8252 Bedroom Apartments Available Now
4044 Expo Ct, Lexington, KY, 40515-4682
4040 Expo CtLexington, KY 40515
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$865 - $1,2001 to 2 Bedroom Apartments Available Now
Lansdowne Apartments
820 Malabu DrLexington, KY 40502
2151 Cypress Dr
LexingtonKY40504
2157 Cypress Dr
LexingtonKY40504
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$895 - $945
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$775 - $825
Required Monthly Fees
$120
Total Monthly Price
$895 - $945
Flats at Turfland
2315 Harrodsburg RdLexington, KY 40504
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$895 - $1,0951 to 2 Bedroom Apartments Available Now
Chelsea Apartments
2640 Wilhite CtLexington, KY 40503
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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$8951 Bedroom Apartments Available Now
Brookhaven Apartments
147 Malabu DrLexington, KY 40503
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$920 - $1,199
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$899 - $1,178
Required Monthly Fees
$21
Total Monthly Price
$920 - $1,199
The Callaway
3745 Camelot DrLexington, KY 40517
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$929 - $1,225Studio to 1 Bedroom Apartments Available Now
Harrods Point Apartments - Newly remodeled
2160 Fort Harrods DrLexington, KY 40513
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$935 - $965
Total Monthly Price
Studio Apartments Available Jul 8Total Monthly Price
Base Rent
$905 - $935
Required Monthly Fees
$30
Total Monthly Price
$935 - $965
The Studios at Belmont - MAJOR UTILITIES INCL
333 Legion DrLexington, KY 40504
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$969 - $1,399
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$969 - $1,399
Total Monthly Price
$969 - $1,399
Barrel Oaks Apartments
249 E Reynolds RdLexington, KY 40517
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$970 - $1,125
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$830 - $985
Required Monthly Fees
$140
Total Monthly Price
$970 - $1,125
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
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$975 - $1,7051 to 2 Bedroom Apartments Available Now
Spring House on the Park
3851 Belleau Wood DrLexington, KY 40517
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$975 - $1,5251 to 3 Bedroom Apartments Available Now
Prime at Gardenside
2044 Georgian WayLexington, KY 40504
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.
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$9951 Bedroom Apartment Available Aug 1
807 Press Ave, Unit 1
807 Press AveLexington, KY 40508
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$995 - $1,5001 to 2 Bedroom Apartments Available Now
Regency Apartments at Southland
2075 Regency RdLexington, KY 40503
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$995 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$941 - $1,241
Required Monthly Fees
$54
Total Monthly Price
$995 - $1,295
Shillito Park Apartments
3500 Beaver Place RdLexington, KY 40503
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$995 - $1,150
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$861 - $1,016
Required Monthly Fees
$134
Total Monthly Price
$995 - $1,150
The Vue Lexington
2070 Garden Springs DrLexington, KY 40504
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$973 - $3,5431 to 2 Bedroom Apartments Available Now
MAA Mansion
3820 Nicholasville RdLexington, KY 40503
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$999 - $1,3691 to 2 Bedroom Apartments Available Now
The Wellington
3312 Keithshire WayLexington, KY 40503
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$999 - $1,5781 to 3 Bedroom Apartments Available Now
Vetra Lexington
4070 Victoria WayLexington, KY 40515
460 Lenney Dr
LexingtonKY40517
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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$1,000
Total Monthly Price
2 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$1,000
Total Monthly Price
$1,000
2204 Winterberry Dr, Unit Side A
2204 Winterberry DrLexington, KY 40504
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$1,024 - $1,1741 to 2 Bedroom Apartments Available Now
Rivers at Bluegrass
2504 Larkin RdLexington, KY 40503
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$1,030 - $1,775
Total Monthly Price
1 to 2 Bedroom Apartments Available Feb 21Total Monthly Price
Base Rent
$1,010 - $1,755
Required Monthly Fees
$20
Total Monthly Price
$1,030 - $1,775
The Colony at the Oaks
385 Redding RdLexington, KY 40517
425 Lenney Dr
LexingtonKY40517
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Rent Specials
$1,075 - $1,2251 to 2 Bedroom Apartments Available Now
Belmont Run Apartments
1232 Man O War PlLexington, KY 40504
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$1,089 - $1,5141 to 2 Bedroom Apartments Available Now
Element
3200 Loch Ness DrLexington, KY 40517
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$1,095 - $1,395
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$620 - $920
Required Monthly Fees
$475
Total Monthly Price
$1,095 - $1,395
Flats at Beaumont -Newly-Renovated Single-Story!
2170 Fort Harrods DrLexington, KY 40513
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Studio Apartments
Garden Springs Apartments
2001 Garden Springs DrLexington, KY 40504
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.
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Studio Apartments
Zandale/Lowry Studio Apartments
133 Zandale DrLexington, KY 40503
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1 Bedroom Apartments
Walton Place Apartments
178 Gazette AveLexington, KY 40508
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1 Bedroom Apartments
2173 Cypress Dr
2173 Cypress DrLexington, KY 40504
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Studio Apartments
Imperial Studio Apartments
381 Elaine DrLexington, KY 40504
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1 to 2 Bedroom Apartments
1356 Royalty Ct
1356 Royalty CtLexington, KY 40504
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1 to 2 Bedroom Apartments
Medical View Properties
805 Press AveLexington, KY 40508
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Studio to 1 Bedroom Apartments
Bluegrass Commons
165 Virginia AveLexington, KY 40508
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Studio to 2 Bedroom Apartments
Lansdowne Grove
3489 Lansdowne DrLexington, KY 40517
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.
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2 to 4 Bedroom Apartments
University Flats
1160 University DrLexington, KY 40526
Showing Results 1-41, Page 1 of 1
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 | $1,341 | $750 | $2,399 |
| South Lexington 1 Bedroom Apartments | $1,396 | $745 | $3,907 |
| South Lexington 2 Bedroom Apartments | $1,571 | $825 | $3,470 |
| South Lexington 3 Bedroom Apartments | $2,069 | $1,399 | $3,591 |
| South Lexington 4 Bedroom Apartments | $2,228 | $1,620 | $3,550 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 41 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 - Waller Avenue 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 - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| 4044 Expo Ct, Lexington, KY, 40515-4682 | Covered front porch | 2BR,1BA | $825 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $895 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $895 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $895 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $920 |
| Harrods Point Apartments - Newly remodeled | Small one Bedroom | 1BR,1BA | $929 |
| Lansdowne Apartments | Large 1BR/1BA | 1BR,1BA | $940 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $969 |
Best Value Apartments for Rent in South Lexington, KY
As of February 19, 2026 the best value apartment in the South Lexington area is the $0.92 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,445. The second greatest value South Lexington apartment is the Covered front porch Model at 4044 Expo Ct, Lexington, KY, 40515-4682 starting at $825 with a $0.97 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. |
|---|---|---|---|
| MidTown Apartments | House | 4BR,4BA | $0.92 |
| 4044 Expo Ct, Lexington, KY, 40515-4682 | Covered front porch | 2BR,1BA | $0.97 |
| Spring House on the Park | 2x1 Arbor (shb1) | 2BR,1BA | $1.47 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Harrods Point Apartments - Newly remodeled | 1 Bedroom FULLY RENOVATED | 1BR,1BA | $1.24 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
| The Wellington | 1 Bedroom | 1BR,1BA | $1.42 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $1.47 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
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Pet Friendly LifestyleSouth Lexington, Lexington, KY
Ranked #16
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 a cheap apartment in South Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Lexington is under $969.
What is the price of a cheap apartment in South Lexington?
The cheapest apartment in South Lexington is VELO - Waller Avenue which is listed at $745, while the average apartment in South Lexington costs $4,172.
What types of apartments are the cheapest in South Lexington?
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 32 regular apartments in South Lexington 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 South Lexington?
Cheap apartments in South Lexington have an average cost of $647 which is $3,525 cheaper than the average rent for all rentals in South Lexington.
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.