Cheap Apartments for Rent in the Southeast Lexington Neighborhood of Lexington, KY from $500 (164 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southeast Lexington area of Lexington.

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.

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Southeast Lexington, Lexington, KY Local Guide

Cheapest Available Southeast Lexington Apartments for Rent

 

The cheapest available apartment rental in the Southeast Lexington area of Lexington, KY is a 1 Bed unit found at 1901 Apartment Homes priced from $620. BelleFontaine Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Southeast Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$620
BelleFontaine Apartment Homes0-1Studio,1BA$685
LongwoodJeffery2BR,2BA$730
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
CedarwoodJonahStudio,1BA$749
Preakness ApartmentsP111BR,1BA$750
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Oxford Circleoxf 1.11BR,1BA$760
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$825
The Landing at LexLand2.12BR,1BA$840

Best Value Apartments for Rent in Southeast Lexington, KY

As of January 22, 2026 the best value apartment in the Southeast Lexington area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Southeast Lexington apartment is the 3 Bedroom 2.5 Bath Model at The Pines starting at $1,500 with a $1.07 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for Southeast Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tates Creek Village3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.07
Richwood Bend - Affordable HousingThree Bedroom3BR,2BA$1.11
The StretchTwo Bedroom2BR,2BA$0.95
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$1.02
2039 Nashville Ct, Unit Side2039 Nashville Ct2BR,1BA$1.11
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$0.97
Double Tree Apartments2 Bedroom Traditional2BR,1BA$1.11
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$0.83
The Landing at LexLand1.11BR,1BA$1.10

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Lexington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southeast Lexington Apartments

What is a cheap apartment in Southeast Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Lexington is under $840.

What is the price of a cheap apartment in Southeast Lexington?

The cheapest apartment in Southeast Lexington is 1901 Apartment Homes which is listed at $620, while the average apartment in Southeast Lexington costs $5,000.

What types of apartments are the cheapest in Southeast 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 83 regular apartments in Southeast 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 Southeast Lexington?

Cheap apartments in Southeast Lexington have an average cost of $524 which is $4,476 cheaper than the average rent for all rentals in Southeast 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.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.