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Cheap Apartments for Rent in the Southern Heights Neighborhood of Lexington, KY from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Heights area of Lexington.
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from $849Studio to 2 Bedroom Apartments Available Now
Crescent at Shadeland Apartments
1143 Turkey Foot RdLexington, KY 40502
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
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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 | $1,395 | $849 | $2,380 |
| Southern Heights 1 Bedroom Apartments | $1,131 | $610 | $2,128 |
| Southern Heights 2 Bedroom Apartments | $1,377 | $1,050 | $1,950 |
| Southern Heights 3 Bedroom Apartments | $1,837 | $1,450 | $2,100 |
| Southern Heights 4 Bedroom Apartments | $2,350 | $1,700 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 4 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
- Nearby Lexington neighborhoods
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Best Value Apartments for Rent in Southern Heights, KY
As of May 28, 2025 the best value apartment in the Southern Heights area is the $1.24 price per square foot Secretariat - 2x2 Model at Canter Pointe in the in the The Meadows At Brannon Crossing neighborhood starting from $1,175. The second greatest value Southern Heights apartment is the Euclid Model at MidTown Apartments starting at $1,570 with a $1.84 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. |
|---|---|---|---|
| Canter Pointe | Secretariat - 2x2 | 2BR,2BA | $1.24 |
| MidTown Apartments | Euclid | 2BR,2BA | $1.84 |
| Rivers at Bluegrass | Renovated 1 Bed / 1 Bath | 1BR,1BA | $1.30 |
| Trifecta on Red Mile | Trifecta on Red Mile - One Bedroom | 1BR,1BA | $1.66 |
| 1729 Midtown (Pre-Leasing for June 2025) | 1x1 B 11U-Reg) | 1BR,1BA | $2.95 |
| Crescent at Shadeland Apartments | 0BR/1.0BA | Studio ,1BA | $2.12 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
| Studios340 - All Inclusive Pricing | Furnished Studio | Studio ,1BA | $4.16 |
| VELO - Waller Avenue | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $3.34 |
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Pet Friendly LifestyleSouthern Heights, Lexington, KY
Ranked #33
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Southern Heights, Lexington, KY
School data provided by Great Schools
Getting Around the Southern Heights Neighborhood in Lexington, KY
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
74 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
65 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Southern Heights Apartments
What is a cheap apartment in Southern Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southern Heights is under $1,570.
What is the price of a cheap apartment in Southern Heights?
The cheapest apartment in Southern Heights is VELO - Waller Avenue which is listed at $745, while the average apartment in Southern Heights costs $3,345.
What types of apartments are the cheapest in Southern Heights?
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 13 regular apartments in Southern Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.