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$745 - $1,4001 Bedroom Apartments Available Now
VELO Lexington
353 Waller AveLexington, KY 40504
Cheap Apartments for Rent in the Southern Heights Neighborhood of Lexington, KY from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Heights area of Lexington.
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$819 - $1,284Studio to 2 Bedroom Apartments Available Now
Crescent at Shadeland
1143 Turkey Foot RdLexington, KY 40502
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$900
Total Monthly Price
Studio Apartment Available NowTotal Monthly Price
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$900
Total Monthly Price
$900
400 S Ashland Ave, Unit #1, Unit #1
400 S Ashland AveLexington, KY 40502
313 Mockingbird Ln
LexingtonKY40503
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$970 - $1,125Studio to 1 Bedroom Apartments Available Jun 1
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
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$975
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$975
Total Monthly Price
$975
444 S Ashland Ave, Unit B-07, Unit B-07
444 S Ashland AveLexington, KY 40502
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
148 Shawnee Pl
LexingtonKY40503
562 Woodland Ave
LexingtonKY40508
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Studio Apartments
Zandale/Lowry Studio Apartments
133 Zandale DrLexington, KY 40503
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1 to 2 Bedroom Apartments
1356 Royalty Ct
1356 Royalty CtLexington, KY 40504
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2 to 4 Bedroom Apartments
University Flats
1160 University DrLexington, KY 40526
342 Waller Ave
LexingtonKY40504
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.
326 Hummingbird Ln
LexingtonKY40503
Showing Results 1-13, Page 1 of 1
Southern Heights, Lexington, KY Local Guide
How much does it cost to rent an apartment in Southern Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Heights Studio Apartments | $904 | $819 | $1,020 |
| Southern Heights 1 Bedroom Apartments | $1,074 | $745 | $1,520 |
| Southern Heights 2 Bedroom Apartments | $1,510 | $1,244 | $2,240 |
| Southern Heights 3 Bedroom Apartments | $2,300 | $2,300 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Southern Heights Neighborhood of Lexington, KY.
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Southern Heights, Lexington, KY Local Guide
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Cheapest Available Southern Heights Apartments for Rent
The cheapest available apartment rental in the Southern Heights area of Lexington, KY is a 1 Bed unit found at VELO Lexington priced from $745. Crescent at Shadeland has the second lowest priced unit, which is a Studio apartment currently listed from $819. Here are the most affordable Southern Heights apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Crescent at Shadeland | 0BR/1.0BA | Studio,1BA | $819 |
| The Axis at 1435 | One Bedroom Courtyard | 1BR,1BA | $1,115 |
| 1729 Midtown | 1x1C | 1BR,1BA | $1,480 |
Best Value Apartments for Rent in Southern Heights, KY
As of April 13, 2026 the best value apartment in the Southern Heights area is the $3.02 price per square foot 2x1 Furnished w/HW Model at 1729 Midtown in the in the Montclair neighborhood starting from $2,240. The second greatest value Southern Heights apartment is the 444 S Ashland Ave Model at 444 S Ashland Ave, Unit B-07 starting at $975 with a $1.50 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Southern Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1729 Midtown | 2x1 Furnished w/HW | 2BR,1BA | $3.02 |
| 444 S Ashland Ave, Unit B-07 | 444 S Ashland Ave | 1BR,1BA | $1.50 |
| 400 S Ashland Ave, Unit #1 | 400 S Ashland Ave | Studio ,1BA | $1.80 |
| The Axis at 1435 | One Bedroom Courtyard | 1BR,1BA | $2.52 |
| Crescent at Shadeland | 0BR/1.0BA | Studio ,1BA | $2.05 |
| VELO Lexington | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $3.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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.
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Best Local Schools in Southern Heights, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Southern Heights Apartments
What is the Cheapest Studio apartment in Southern Heights?
Currently the most affordable Cheap Studio Apartment in Southern Heights is at Crescent at Shadeland listed at $819.
How much is rent for a Cheap One Bedroom Southern Heights Apartment?
The lowest price for a Cheap One Bedroom Southern Heights Apartment is $745 at VELO Lexington.
What is the lowest price for a Cheap Two Bedroom Southern Heights Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southern Heights is starting from $1,244 at Crescent at Shadeland.
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
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.