
Cheap Apartments for Rent in the South Lexington Neighborhood of Lexington, KY from $500 (73 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the South Lexington area of Lexington.


Medical View Properties

Bluegrass Commons

4044 Expo Ct, Lexington, KY, 40515-4682

Prime at Gardenside

University Flats

3510 Lansdowne Dr
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.

Medical Villas

342 Waller Ave

3573 Laredo Dr

476 Bob O Link Dr

1901 Nicholasville Rd

Palomar Stables

The Park at Willow Haven
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Townhomes at Glasford Square

872 Tearose Dr

329 Purdue Pl

425 Gibson Ave

Palomar Woods

328 Harvard Dr

Waveland Townhomes Apartments
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

305 Harvard Dr

3855 Lochdale Terrace
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 | $1,432 | $750 | $2,407 |
| South Lexington 1 Bedroom Apartments | $2,168 | $745 | $10,000+ |
| South Lexington 2 Bedroom Apartments | $1,691 | $910 | $5,950 |
| South Lexington 3 Bedroom Apartments | $2,054 | $1,399 | $3,693 |
| South Lexington 4 Bedroom Apartments | $2,373 | $1,770 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the South Lexington Neighborhood of Lexington, KY.
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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 $999.
What is the price of a cheap apartment in South Lexington?
The cheapest apartment in South Lexington is VELO Lexington which is listed at $745, while the average apartment in South Lexington costs $4,097.
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 27 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 $830 which is $3,267 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.
Helpful Local Expert Guides

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.