Cheap Apartments for Rent in the Southeast Lexington Neighborhood of Lexington, KY from $495 (290 Rentals)

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

property at 733 Hill Rise Ct
$750 - $1,150
1 To 3 Bedroom Rentals
Available Now
Affordability

733 Hill Rise Ct

LexingtonKY40504

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property at 562 Woodland Ave
$850

Total Monthly Price

Base Rent$850
Total Monthly Price$850
Studio, 1 Bath Condo for Rent
Available Oct 1
Affordability

562 Woodland Ave, Unit 73

562 Woodland Ave
LexingtonKY40508
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Lexington's Best Affordable Neighborhoods

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The Ascent1555
$975 - $1,395

Total Monthly Price

Base Rent$975 - $1,395
Total Monthly Price$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
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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 Studio unit found at BelleFontaine Apartment Homes priced from $685. The Landing at Lex has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Southeast Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio, 1BA$685
The Landing at LexLand1.11BR, 1BA$745
Preakness ApartmentsP111BR, 1BA$750
Emerson Center 62+ Senior ApartmentsStudioStudio, 1BA$750
Hub Limestone4x3 Lite4BR, 3BA$775
Wellington Park ApartmentsOne Bed One Bath1BR, 1BA$775
Valore at the Baxter1 Bed | 1 Bath1BR, 1BA$799
Lansdowne ApartmentsSmall 1BR/1BA1BR, 1BA$865
Double Tree ApartmentsStudioStudio, 1BA$875
330 Newtown ApartmentsA41BR, 1BA$883

Best Value Apartments for Rent in Southeast Lexington, KY

As of September 20, 2026 the best value apartment in the Southeast Lexington area is the $1.07 price per square foot The Starpine Model at EAGLE CREEK TOWNHOMES in the Boone Creek neighborhood starting from $1,605. The second greatest value Southeast Lexington apartment is the 3 Bedroom 2.5 Bath Model at The Pines in the Boone Creek neighborhood starting at $1,650 with a $1.17 price per square foot. 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.
EAGLE CREEK TOWNHOMESThe Starpine3BR, 2.5BA$1.07
The Pines3 Bedroom 2.5 Bath3BR, 2.5BA$1.17
132 Greenbriar Rd132 Greenbriar Rd2BR, 1BA$1.00
Shillito Park Apartments2 Bed 2 Bath2BR, 2BA$1.15
Limestone Square/Medical Villas3 Bedroom A/B3BR, 2BA$0.86
Latitude Lexington525: 2 Bed - 2 Bath2BR, 2BA$1.07
Preakness ApartmentsP21R2BR, 1BA$1.19
Tates Creek Crossings2 Bedroom 1 Bath2BR, 1BA$1.06
The Dawn Run Apartments2x1 SM2BR, 1BA$1.08
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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Navigating the Rental Market: Tips for First-Time Renters

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Real 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.

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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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Pet Friendly Lifestyle
Southeast Lexington, Lexington, KY

Ranked #1

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southeast Lexington, Lexington, KY

School data provided by Great Schools

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 $883.

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

The cheapest apartment in Southeast Lexington is BelleFontaine Apartment Homes which is listed at $735, while the average apartment in Southeast Lexington costs $1,299.

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 189 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 $672 which is $627 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.

Helpful Local Expert Guides

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

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