3573 Laredo Dr
LexingtonKY40517
Cheap Homes for Rent in South Lexington Neighborhood of Lexington, KY from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Lexington area of Lexington.
342 Waller Ave
LexingtonKY40504
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.
119 Suburban Ct
LexingtonKY40503
3847 Northampton Dr
LexingtonKY40517
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.
601 Sherard Cir
LexingtonKY40517
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South Lexington, Lexington, KY Local Guide
How much does it cost to rent a home in South Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lexington 2 Bedroom Homes for Rent | $1,632 | $1,199 | $1,800 |
| South Lexington 3 Bedroom Homes for Rent | $2,064 | $1,495 | $3,300 |
| South Lexington 4 Bedroom Homes for Rent | $2,606 | $1,795 | $4,000 |
| South Lexington 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
| South Lexington 6 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Lexington Neighborhood of Lexington, KY.
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South Lexington, Lexington, KY Local Guide
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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 $799. 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 | $799 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $840 |
Best Value Apartments for Rent in South Lexington, KY
As of October 13, 2025 the best value apartment in the South Lexington area is the $1.26 price per square foot Renovated 2 Bed / 1 Bath Deluxe Model at Rivers at Bluegrass in the in the Stonewall Community neighborhood starting from $1,449. The second greatest value South Lexington apartment is the 2X2 Model at Palomar View Apartments starting at $1,520 with a $1.40 price per square foot in the Stonewall Community 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. |
|---|---|---|---|
| Rivers at Bluegrass | Renovated 2 Bed / 1 Bath Deluxe | 2BR,1BA | $1.26 |
| Palomar View Apartments | 2X2 | 2BR,2BA | $1.40 |
| 4044 Expo Ct, Lexington, KY, 40515-4682 | Covered front porch | 2BR,1BA | $1.09 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| The Callaway | 1 Bedroom Premium | 1BR,1BA | $1.20 |
| The Colony at the Oaks | The Willow | 1BR,1BA | $1.27 |
| Vetra Lexington | 2 Bedroom 1 Bath | 2BR,1BA | $1.49 |
| Barrel Oaks Apartments | Cozy Cul de Sac Apartment with Barrel Oaks Amen... | 2BR,1BA | $1.40 |
| Chelsea Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.40 |
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Pet Friendly LifestyleSouth Lexington, Lexington, KY
Ranked #17
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
Frequently Asked Questions about South Lexington
What type of rentals are currently available in South Lexington?
There are currently 238 Apartments for Rent in South Lexington, KY with pricing that ranges from $610 to $14,505. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lexington ranging from $1,199 to $5,400.
What is the current price range for Rental Homes in South Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Lexington ranges from $1,199 to $5,400 with an average monthly rent of $2,649.
How much are larger Three and Four Bedroom Rentals in South Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Lexington range from $1,199 to $3,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,450.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.