Cheap Apartments for Rent in the Southland Park Neighborhood of Lexington, KY from $500 (25 Rentals)

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

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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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

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included
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Southland Park, Lexington, KY Local Guide

Cheapest Available Southland Park Apartments for Rent

 

The cheapest available apartment rental in the Southland Park area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Twenty Two Twenty has the second lowest priced unit, which is a 2 Beds apartment currently listed from $805. Here are the most affordable Southland Park apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$840
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
Flats at TurflandRenovated 1 Bedroom - Open Concept1BR,1BA$895

Best Value Apartments for Rent in Southland Park, KY

As of September 19, 2025 the best value apartment in the Southland Park area is the $0.88 price per square foot 2 Bedroom 1.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,050. The second greatest value Southland Park apartment is the Renovated 2 Bed / 1 Bath Deluxe Model at Rivers at Bluegrass starting at $1,449 with a $1.26 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for Southland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tates Creek Village2 Bedroom 1.5 Bathroom2BR,1.5BA$0.88
Rivers at BluegrassRenovated 2 Bed / 1 Bath Deluxe2BR,1BA$1.26
Palomar View Apartments2X22BR,2BA$1.40
The StretchTwo Bedroom2BR,2BA$0.88
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
Breckinridge Court2 Bd 1 Bth 913 sf (b3)2BR,1BA$1.33
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
The Colony at the OaksThe Willow1BR,1BA$1.34
Barrel Oaks ApartmentsDB 2/1 Premium Unit (Magnolia)2BR,1BA$1.40
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38

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Pet Friendly Lifestyle
Southland Park, Lexington, KY

Ranked #10

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
Southland Park, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Southland Park Apartments

What is a cheap apartment in Southland Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southland Park is under $980.

What is the price of a cheap apartment in Southland Park?

The cheapest apartment in Southland Park is VELO - Waller Avenue which is listed at $745, while the average apartment in Southland Park costs $3,680.

What types of apartments are the cheapest in Southland Park?

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 37 regular apartments in Southland Park 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 Southland Park?

Cheap apartments in Southland Park have an average cost of $1,592 which is $2,088 cheaper than the average rent for all rentals in Southland Park.

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.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.