Cheap Apartments for Rent in the Southland Park Neighborhood of Lexington, KY from $500 (28 Rentals)

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

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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Landing at Malabu
$895 - $945
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $825
Required Monthly Fees
$120

Total Monthly Price
$895 - $945
1 Bedroom Apartments Available Now

Landing at Malabu

848 Malabu DrLexington, KY 40502
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Flats at Turfland
$895 - $945
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $825
Required Monthly Fees
$120

Total Monthly Price
$895 - $945
1 Bedroom Apartments Available Now

Flats at Turfland

2315 Harrodsburg RdLexington, KY 40504
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Barrel Oaks Apartments
Rent Specials
$969 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$969 - $1,399

Total Monthly Price
$969 - $1,399
1 to 3 Bedroom Apartments Available Now

Barrel Oaks Apartments

249 E Reynolds RdLexington, KY 40517
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The Axis at 1435
$970 - $1,125
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $985
Required Monthly Fees
$140

Total Monthly Price
$970 - $1,125
Studio to 1 Bedroom Apartments Available Now

The Axis at 1435

1435 Nicholasville RdLexington, KY 40503
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Creeks on Kirklevington
$956 - $1,936
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,915
Required Monthly Fees
$21

Total Monthly Price
$956 - $1,936
Studio to 2 Bedroom Apartments Available Now

Creeks on Kirklevington

3050 Kirklevington DrLexington, KY 40517
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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.

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The Vue Lexington
Rent Specials
$995 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$861 - $1,016
Required Monthly Fees
$134

Total Monthly Price
$995 - $1,150
1 to 2 Bedroom Apartments Available Now

The Vue Lexington

2070 Garden Springs DrLexington, KY 40504
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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$620
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Breckinridge CourtStudio 460 sf (st2)1BR,1BA$775
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$895
Flats at TurflandFlat - Open Kitchen1BR,1BA$895
Landing at MalabuMalabu Flat 8521BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Saddlebrook at Tates CreekEstate Home4BR,5BA$0.76
The Tracery Apartments3x2 With Garage3BR,2BA$1.33
MidTown ApartmentsHouse4BR,4BA$0.92
The Colony at the OaksThe Cypress2BR,1.5BA$1.20
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1.22
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
The Wellington2 Bedroom2BR,1BA$1.31
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.24
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$0.83
Rivers at BluegrassClassic 1 Bed / 1 Bath1BR,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.

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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 #5

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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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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.

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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.

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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.