1685 Alexandria Dr
LexingtonKY40504
Cheap Homes for Rent in the Southwest Lexington Neighborhood of Lexington, KY from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Southwest Lexington area of Lexington.
3736 Camelot Dr
LexingtonKY40517
3793 Camelot Dr
LexingtonKY40517
335 American Ave
LexingtonKY40503
580 Mitchell Ave
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.
2121 Nicholasville Rd, Unit 403
2121 Nicholasville Rd
LexingtonKY40503
2121 Nicholasville Rd, Unit 801
2121 Nicholasville Rd
LexingtonKY40503
3573 Laredo Dr
LexingtonKY40517
714 Golfview Dr
LexingtonKY40504
493 Bob O Link Dr
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.
1100 Turkey Foot Rd
LexingtonKY40502
Showing Results 1-11, Page 1 of 1
Southwest Lexington, Lexington, KY Local Guide
How much does it cost to rent a home in Southwest Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Lexington 2 Bedroom Homes for Rent | $1,768 | $895 | $3,950 |
| Southwest Lexington 3 Bedroom Homes for Rent | $1,907 | $1,325 | $4,999 |
| Southwest Lexington 4 Bedroom Homes for Rent | $2,603 | $1,725 | $3,950 |
| Southwest Lexington 5 Bedroom Homes for Rent | $3,072 | $2,895 | $3,250 |
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 11 rentals with your search options within a 2 mile radius of the Southwest Lexington Neighborhood of Lexington, KY.
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Southwest Lexington, Lexington, KY Local Guide
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Cheapest Available Southwest Lexington Apartments for Rent
The cheapest available apartment rental in the Southwest Lexington area of Lexington, KY is a 1 Bed unit found at Preakness Apartments priced from $750. Emerson Center 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Southwest Lexington apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preakness Apartments | P11 | 1BR,1BA | $750 |
| Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $750 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| Wellington Park Apartments | One Bed One Bath | 1BR,1BA | $775 |
| Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $865 |
Best Value Apartments for Rent in Southwest Lexington, KY
As of August 20, 2026 the best value apartment in the Southwest Lexington area is the $0.65 price per square foot WYATT-4 Model at The Wyatt in the in the Downtown Lexington neighborhood starting from $959. The second greatest value Southwest Lexington apartment is the Pasadena Model at Saddle Run Townhomes starting at $1,200 with a $0.96 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Southwest Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Wyatt | WYATT-4 | 4BR,4BA | $0.65 |
| Saddle Run Townhomes | Pasadena | 2BR,1.5BA | $0.96 |
| Creeks on Kirklevington | The Pointe Pleasant | 2BR,1.5BA | $1.20 |
| Shillito Park Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
| Malabu Terrace Condominiums | 1 Beds, 1 Baths | 1BR,1BA | $1.02 |
| The Lex | 2x2 Deluxe | 2BR,2BA | $1.18 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.13 |
| Rivers at Bluegrass | 1 Bed, 1 Bath | 1BR,1BA | $1.20 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
| 1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
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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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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Best Local Schools in Southwest Lexington, Lexington, KY
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Frequently Asked Questions about Southwest Lexington
What type of rentals are currently available in Southwest Lexington?
There are currently 569 Apartments for Rent in Southwest Lexington, KY with pricing that ranges from $749 to $6,250. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Lexington ranging from $695 to $4,999.
What is the current price range for Rental Homes in Southwest Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Lexington ranges from $695 to $4,999 with an average monthly rent of $1,995.
How much are larger Three and Four Bedroom Rentals in Southwest Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Lexington range from $1,000 to $3,627, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $4,999. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $799.
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.