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$970 - $1,125Studio to 1 Bedroom Apartments Available Now
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
Cheap Apartments for Rent in the Southern Heights Neighborhood of Lexington, KY from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Heights area of Lexington.
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$745 - $1,4001 Bedroom Apartments Available Now
VELO - Waller Avenue
353 Waller AveLexington, KY 40504
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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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Studio to 2 Bedroom Apartments
Crescent at Shadeland Apartments
1143 Turkey Foot RdLexington, KY 40502
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1 Bedroom Apartments
Malabu Manor- 62 & older or disability eligib
137-145 Malabu DrLexington, KY 40503
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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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Showing Results 1-22, 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 | $1,160 | $970 | $1,325 |
| Southern Heights 1 Bedroom Apartments | $1,206 | $745 | $2,268 |
| Southern Heights 2 Bedroom Apartments | $1,813 | $1,690 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Southern Heights Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Southern Heights, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 - Waller Avenue priced from $745. Crescent at Shadeland Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $859. Here are the most affordable Southern Heights 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 |
| Crescent at Shadeland Apartments | 0BR/1.0BA | Studio,1BA | $859 |
| The Axis at 1435 | Studio | Studio,1BA | $970 |
| 1729 Midtown - BRAND NEW CONSTRUCTION! | Studio | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Southern Heights, KY
As of November 12, 2025 the best value apartment in the Southern Heights area is the $3.05 price per square foot Furnished One Bedroom D Model at 1729 Midtown - BRAND NEW CONSTRUCTION! in the in the Montclair neighborhood starting from $1,869. The second greatest value Southern Heights apartment is the 0BR/1.0BA Model at Crescent at Shadeland Apartments starting at $859 with a $2.15 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 - BRAND NEW CONSTRUCTION! | Furnished One Bedroom D | 1BR,1BA | $3.05 |
| Crescent at Shadeland Apartments | 0BR/1.0BA | Studio ,1BA | $2.15 |
| The Axis at 1435 | Studio | Studio ,1BA | $2.44 |
| VELO - Waller Avenue | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $3.34 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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
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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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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Pet Friendly LifestyleSouthern Heights, Lexington, KY
Ranked #63
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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
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 - Waller Avenue.
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 $1,690 at 1729 Midtown - BRAND NEW CONSTRUCTION!.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.