
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.


2103 Georgian Way
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.

127 Prall St

3500 Warwick 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.

2121 Nicholasville 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 | $1,368 | $1,199 | $1,695 |
South Lexington 3 Bedroom Homes for Rent | $1,999 | $1,495 | $2,850 |
South Lexington 4 Bedroom Homes for Rent | $3,054 | $2,000 | $6,000 |
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.
Explore Lexington
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. Brookhaven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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 | $825 |
Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $850 |
Best Value Apartments for Rent in South Lexington, KY
As of July 13, 2025 the best value apartment in the South Lexington area is the $1.55 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $2,450. The second greatest value South Lexington apartment is the Colt | Renovated Model at Forty57 Apartments starting at $1,696 with a $1.47 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 | $1.55 |
Forty57 Apartments | Colt | Renovated | 2BR,2BA | $1.47 |
Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
Spring House on the Park | 1x1 Garden Extended w/Opt Window (sha2) | 1BR,1BA | $1.50 |
The Colony at the Oaks | The Willow | 1BR,1BA | $1.48 |
Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.30 |
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 |
Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.38 |
Quick Rent Budget Calculator
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Frequently Asked Questions about South Lexington
What type of rentals are currently available in South Lexington?
There are currently 235 Apartments for Rent in South Lexington, KY with pricing that ranges from $610 to $4,399. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lexington ranging from $1,199 to $6,000.
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 $6,000 with an average monthly rent of $1,980.
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 $1,300 to $4,028, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,850. 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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.