2121 Nicholasville Rd, Unit 403
2121 Nicholasville Rd
LexingtonKY40503
Cheap Homes for Rent in the Southern Heights Neighborhood of Lexington, KY from $1,175 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Heights area of Lexington.
2121 Nicholasville Rd, Unit 801
2121 Nicholasville Rd
LexingtonKY40503
401 Springhill Dr
LexingtonKY40503
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.
317 Mockingbird Ln
LexingtonKY40503
123 Barberry Ln
LexingtonKY40503
2024 Heather Way
LexingtonKY40503
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
128 Barberry Lane
LexingtonKY40503
Showing Results 1-7, Page 1 of 1
Southern Heights, Lexington, KY Local Guide
How much does it cost to rent a home in Southern Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Heights 2 Bedroom Homes for Rent | $1,621 | $1,395 | $1,895 |
| Southern Heights 3 Bedroom Homes for Rent | $1,984 | $1,495 | $2,500 |
| Southern Heights 4 Bedroom Homes for Rent | $2,575 | $1,950 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Southern Heights Neighborhood of Lexington, KY.
Explore 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 Studio unit found at Crescent at Shadeland Apartments priced from $849. VELO Lexington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Southern Heights apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crescent at Shadeland Apartments | 0BR/1.0BA | Studio,1BA | $849 |
| VELO Lexington | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $895 |
| The Axis at 1435 | Studio | Studio,1BA | $970 |
Best Value Apartments for Rent in Southern Heights, KY
As of August 30, 2026 the best value apartment in the Southern Heights area is the $1.31 price per square foot 2 Bedroom w/ Study Model at Limestone Square/Medical Villas in the in the Montclair neighborhood starting from $1,240. The second greatest value Southern Heights apartment is the 0BR/1.0BA Model at Crescent at Shadeland Apartments starting at $849 with a $2.12 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. |
|---|---|---|---|
| Limestone Square/Medical Villas | 2 Bedroom w/ Study | 2BR,2BA | $1.31 |
| Crescent at Shadeland Apartments | 0BR/1.0BA | Studio ,1BA | $2.12 |
| The Axis at 1435 | Studio Courtyard | Studio ,1BA | $2.58 |
| VELO Lexington | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $2.66 |
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 Article
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.
Read Article
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.
Let everyone know!
Do you know the Southern Heights area?
If you’re an expert on all things Southern Heights, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Southern Heights, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Southern Heights
What type of rentals are currently available in Southern Heights?
There are currently 91 Apartments for Rent in Southern Heights, KY with pricing that ranges from $849 to $2,100. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Heights ranging from $1,175 to $3,200.
What is the current price range for Rental Homes in Southern Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southern Heights ranges from $1,175 to $3,200 with an average monthly rent of $1,907.
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
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.