
Cheap Apartments for Rent in the Southland Park Neighborhood of Lexington, KY from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southland Park area of Lexington.


VELO - Waller Avenue

Emerson Center 62+ Senior Apartments

Breckinridge Court

Parkside Apartments

Twenty Two Twenty

Kampus Properties STUDENT HOUSING - 2024-'25
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.

Tates Creek Village

The Crossings Apartment Homes

2157 Cypress Dr

Davis Park Station

Total Monthly Price
Landing at Malabu

Brookhaven Apartments

Total Monthly Price
Flats at Turfland
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.

Harrods Point Apartments - Newly remodeled

Total Monthly Price
The Studios at Belmont - MAJOR UTILITIES INCL

Park Thirty99

Total Monthly Price
Barrel Oaks Apartments

Total Monthly Price
The Axis at 1435

Prime at Gardenside

Total Monthly Price
Creeks on Kirklevington
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.

Senior Housing 55+ - Christian Towers II

Regency Apartments at Southland

Total Monthly Price
The Vue Lexington

The Wellington

Total Monthly Price
2204 Winterberry Dr, Unit Side A

Garden Springs Apartments

2173 Cypress Dr
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.
Southland Park, Lexington, KY Local Guide

How much does it cost to rent an apartment in Southland Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southland Park Studio Apartments | $1,259 | $750 | $2,455 |
| Southland Park 1 Bedroom Apartments | $1,311 | $620 | $4,366 |
| Southland Park 2 Bedroom Apartments | $1,390 | $820 | $2,089 |
| Southland Park 3 Bedroom Apartments | $1,625 | $1,000 | $2,225 |
| Southland Park 4 Bedroom Apartments | $1,270 | $739 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the Southland Park Neighborhood of Lexington, KY.
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Southland Park, Lexington, KY Local Guide
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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 1901 Apartment Homes priced from $620. VELO - Waller Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Southland Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1901 Apartment Homes | 2 Bedroom, 1 Bathroom | 1BR,1BA | $620 |
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| Breckinridge Court | Studio 460 sf (st2) | 1BR,1BA | $775 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1BA | $805 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $860 |
| Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $895 |
| Flats at Turfland | Flat - Open Kitchen | 1BR,1BA | $895 |
| Landing at Malabu | Malabu Flat 852 | 1BR,1BA | $895 |
Best Value Apartments for Rent in Southland Park, KY
As of February 24, 2026 the best value apartment in the Southland Park area is the $0.76 price per square foot Estate Home Model at Saddlebrook at Tates Creek in the in the The Meadows At Brannon Crossing neighborhood starting from $2,600. The second greatest value Southland Park apartment is the 3x2 With Garage Model at The Tracery Apartments starting at $2,192 with a $1.33 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Saddlebrook at Tates Creek | Estate Home | 4BR,5BA | $0.76 |
| The Tracery Apartments | 3x2 With Garage | 3BR,2BA | $1.33 |
| MidTown Apartments | House | 4BR,4BA | $0.92 |
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.20 |
| Thoroughbred Crossing | 2 Bedroom Garden floor | 2BR,1BA | $1.22 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| The Wellington | 2 Bedroom | 2BR,1BA | $1.31 |
| Harrods Point Apartments - Newly remodeled | 1 Bedroom FULLY RENOVATED | 1BR,1BA | $1.24 |
| 1901 Apartment Homes | 2 Bedroom, 1 Bathroom | 1BR,1BA | $0.83 |
| Rivers at Bluegrass | Classic 1 Bed / 1 Bath | 1BR,1BA | $1.37 |
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.
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.
Pet Friendly LifestyleSouthland Park, Lexington, KY
Ranked #5
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $895.
What is the price of a cheap apartment in Southland Park?
The cheapest apartment in Southland Park is 1901 Apartment Homes which is listed at $620, while the average apartment in Southland Park costs $3,345.
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 58 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 $1,102 which is $2,243 cheaper than the average rent for all rentals in Southland Park.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.