Cheap Apartments for Rent in the Southland Park Neighborhood of Lexington, KY from $510 (47 Rentals)

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

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Park Plaza Apartments
$1,299 - $3,695

Total Monthly Price

Base Rent$1,299 - $3,695
Total Monthly Price$1,299 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Corporate Housing
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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-47, Page 1 of 1

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 Studio unit found at Emerson Center 62+ Senior Apartments priced from $750. Wellington Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Southland Park apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Emerson Center 62+ Senior ApartmentsStudioStudio, 1BA$750
Wellington Park ApartmentsOne Bed One Bath1BR, 1BA$775
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio, 1BA$895
Rivers at Bluegrass1 Bed, 1 Bath1BR, 1BA$900
Tates Creek VillageStudioStudio, 1BA$900
Parkside Apartments2 Bedroom2BR, 1BA$910
Barrel Oaks ApartmentsTimeless One Bedroom with the Willow1BR, 1BA$929
Prime Cambridge (formerly 1901 Apartments)1BR - 1BTH1BR, 1BA$945
Flats at BeaumontNewly-Renovated Studio Apartments!Studio, 1BA$950
Prime Devonport (formerly 2220 Apartments)2BR - 1.5BTH2BR, 1BA$955

Best Value Apartments for Rent in Southland Park, KY

As of September 21, 2026 the best value apartment in the Southland Park area is the $1.25 price per square foot C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments in the The Meadows At Brannon Crossing neighborhood starting from $1,517. The second greatest value Southland Park apartment is the 3 Bedroom A/B Model at Limestone Square/Medical Villas in the Montclair neighborhood starting at $820 with a $0.86 price per square foot. 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.
Bridle Creek ApartmentsC1 University - 3br - Three Bedroom, Two Bathroom3BR, 2BA$1.25
Limestone Square/Medical Villas3 Bedroom A/B3BR, 2BA$0.86
Latitude Lexington525: 2 Bed - 2 Bath2BR, 2BA$1.07
Park Thirty992 Bedrooms 2 Bathrooms2BR, 2BA$1.22
Thoroughbred Crossing2 Bedroom Garden floor2BR, 1BA$1.22
Breckinridge Court2 Bd 2 Bth 858 sf (b1)2BR, 2BA$1.32
Prime Devonport (formerly 2220 Apartments)2BR - 1.5BTH Renovated2BR, 1.5BA$1.29
Parkside Apartments2 Bedroom2BR, 1BA$1.13
Rivers at Bluegrass1 Bed, 1 Bath1BR, 1BA$1.20
Wellington Park ApartmentsOne Bed One Bath1BR, 1BA$1.21

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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 Lifestyle
Southland Park, Lexington, KY

Ranked #8

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 $955.

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

The cheapest apartment in Southland Park is Wellington Park Apartments which is listed at $775, while the average apartment in Southland Park costs $1,200.

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 35 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 $990 which is $210 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.

Helpful Local Expert Guides

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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.

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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.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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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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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.