
Cheap Homes for Rent in South Lexington Neighborhood of Lexington, KY from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the South Lexington area of Lexington.


3573 Laredo Dr
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.

342 Waller Ave

127 Prall St

119 Suburban Ct

601 Sherard Cir

3450 Laredo Dr

321 Mockingbird Ln

404 Chapman Ct
The 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.

2067 Tamarack Dr

361 Redding Rd
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 | $1,432 | $1,145 | $1,850 |
South Lexington 3 Bedroom Homes for Rent | $2,036 | $1,600 | $3,300 |
South Lexington 4 Bedroom Homes for Rent | $2,758 | $2,000 | $5,200 |
South Lexington 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the South Lexington Neighborhood of Lexington, KY.
Explore Lexington
South Lexington, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Brookhaven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. 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 |
Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $840 |
Flats at Turfland | Renovated 1 Bedroom - Open Concept | 1BR,1BA | $895 |
Chelsea Apartments | 1 Bedroom | 1BR,1BA | $895 |
Vetra Lexington | 1 Bedroom 1 Bath | 1BR,1BA | $899 |
Best Value Apartments for Rent in South Lexington, KY
As of August 27, 2025 the best value apartment in the South Lexington area is the $1.43 price per square foot RM-20G Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,690. 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. |
---|---|---|---|
rmLexington | RM-20G | 2BR,2BA | $1.43 |
Palomar View Apartments | 2X2 | 2BR,2BA | $1.40 |
Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
Lansdowne Apartments | Large 2BR/1BA | 2BR,1BA | $1.51 |
The Colony at the Oaks | The Willow | 1BR,1BA | $1.35 |
Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
Barrel Oaks Apartments | Cozy Cul de Sac Apartment with Barrel Oaks Amen... | 2BR,1BA | $1.40 |
The Wellington | 1 Bedroom | 1BR,1BA | $1.53 |
Chelsea Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.40 |
Quick 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 #19
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 233 Apartments for Rent in South Lexington, KY with pricing that ranges from $610 to $3,895. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lexington ranging from $1,145 to $5,200.
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 $1,145 to $5,200 with an average monthly rent of $2,375.
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 $3,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,000 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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.