
Cheap Homes for Rent in the South Lexington Neighborhood of Lexington, KY from $950 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the South Lexington area of Lexington.


335 American Ave

541 Sheridan Dr

2121 Nicholasville Rd, Unit 403
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
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2121 Nicholasville Rd, Unit 801

3573 Laredo Dr

4029 Victoria Way

493 Bob O Link Dr
Rent According to Income: A Look at Income-Restricted Rentals
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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 | $1,427 | $950 | $1,700 |
| South Lexington 3 Bedroom Homes for Rent | $1,983 | $1,150 | $4,900 |
| South Lexington 4 Bedroom Homes for Rent | $2,337 | $1,595 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Studio unit found at Emerson Center 62+ Senior Apartments priced from $750. Wellington Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable South Lexington apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Wellington Park Apartments | One Bed One Bath | 1BR,1BA | $775 |
| Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $865 |
Best Value Apartments for Rent in South Lexington, KY
As of August 26, 2026 the best value apartment in the South Lexington area is the $1.47 price per square foot Mustang | Renovated Model at Forty57 Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,929. The second greatest value South Lexington apartment is the Pasadena Model at Saddle Run Townhomes starting at $1,200 with a $0.96 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. |
|---|---|---|---|
| Forty57 Apartments | Mustang | Renovated | 3BR,2BA | $1.47 |
| Saddle Run Townhomes | Pasadena | 2BR,1.5BA | $0.96 |
| Limestone Square/Medical Villas | 2 Bedroom w/ Study | 2BR,2BA | $1.31 |
| MAA Mansion | Bradford | 2BR,1BA | $1.38 |
| The Vue Lexington | 2 Bed 1 Bath | 2BR,1BA | $1.39 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Rivers at Bluegrass | 1 Bed, 1 Bath | 1BR,1BA | $1.20 |
| Bridle Creek Apartments | A1 Chevy Chase - One Bedroom, One Bathroom | 1BR,1BA | $1.46 |
| Wellington Park Apartments | One Bed One Bath | 1BR,1BA | $1.21 |
| 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #10
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 $750 to $6,250. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lexington ranging from $950 to $4,900.
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 $950 to $4,900 with an average monthly rent of $1,991.
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 $1,422 to $3,627, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $4,900. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,525.
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

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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.

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

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.