
Cheap Apartments for Rent in the Speigle Heights Neighborhood of Lexington, KY from $500 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the Speigle Heights area of Lexington.


201 E Sixth St

Meadowthorpe Landing - Senior Housing

VELO - Waller Avenue

Parkside Apartments

1901 Apartment Homes

Emerson Center 62+ Senior Apartments

Rosetown Apartments

921 N Broadway

Twenty Two Twenty
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.

Ferrill Square Apartments - 55+ Community

Kampus Properties STUDENT HOUSING - 2024-'25

337 S Broadway Park

1921 Oxford Cir

520 Booker St

The Crossings Apartment Homes

Davis Park Station

2157 Cypress Dr

The Studios at Belmont - MAJOR UTILITIES INCL
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.

Flats at Turfland

933 N Broadway

Westchester on the Circle - NO VACANCY

262 N Broadway

421 Johnson Ave

372 Bucoto Ct

The Axis at 1435

Preserve Lexington

Senior Housing 55+ - Christian Towers II
Cash 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.

The Vue Lexington

858 S Broadway

312 S Upper St

860 S Broadway

Belmont Run Apartments

Trifecta on Red Mile - Newly Renovated!

Thoroughbred Crossing
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.

Cross Keys & Woodridge Apartments

Victory Point Apartments & Townhomes
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Speigle Heights, Lexington, KY Local Guide

How much does it cost to rent an apartment in Speigle Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Speigle Heights Studio Apartments | $1,291 | $635 | $2,236 |
Speigle Heights 1 Bedroom Apartments | $1,161 | $610 | $2,268 |
Speigle Heights 2 Bedroom Apartments | $1,316 | $805 | $2,000 |
Speigle Heights 3 Bedroom Apartments | $1,300 | $959 | $2,100 |
Speigle Heights 4 Bedroom Apartments | $1,420 | $739 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 2 mile radius of the Speigle Heights Neighborhood of Lexington, KY.
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Speigle Heights, Lexington, KY Local Guide
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Cheapest Available Speigle Heights Apartments for Rent
 The cheapest available apartment rental in the Speigle Heights area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Preakness Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Speigle Heights apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
Preakness Apartments | P11 | 1BR,1BA | $750 |
1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $750 |
Oxford Circle | oxf 1.1 | 1BR,1BA | $760 |
Emerson Center 62+ Senior Apartments | Studio | Studio,1BA | $799 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
515 S Upper St | Near Campus | Studio,1BA | $825 |
Park Vista | PV1.1 | 1BR,1BA | $829 |
The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $860 |
Flats at Turfland | Renovated 1 Bedroom - Open Concept | 1BR,1BA | $895 |
Best Value Apartments for Rent in Speigle Heights, KY
As of October 23, 2025 the best value apartment in the Speigle Heights area is the $1.00 price per square foot 1312 Fontaine Rd Model at 1312 Fontaine Rd, Unit 1312 in the in the Montclair neighborhood starting from $2,000. The second greatest value Speigle Heights apartment is the 3 Bedrooms, 2 Bathrooms Model at Twenty Two Twenty starting at $1,000 with a $0.91 price per square foot in the Beaumont Residential neighborhood. Here is today’s list of the best values for Speigle Heights apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1312 Fontaine Rd, Unit 1312 | 1312 Fontaine Rd | 2BR,2BA | $1.00 |
Twenty Two Twenty | 3 Bedrooms, 2 Bathrooms | 3BR,2BA | $0.91 |
Thoroughbred Crossing | 2 Bedrooms W/ Balcony | 2BR,1BA | $1.25 |
Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
Park Vista | PV1.1 | 1BR,1BA | $1.12 |
Preakness Apartments | P11 | 1BR,1BA | $1.12 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
1592 Alexandria Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
515 S Upper St | Near Campus | Studio ,1BA | $1.38 |
Oxford Circle | oxf 1.1 | 1BR,1BA | $1.36 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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 LifestyleSpeigle Heights, Lexington, KY
Ranked #25
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Speigle Heights, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Lexington. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendly amenities, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Speigle Heights Neighborhood in Lexington, KY
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
58 / 100
Bikeable
Some bike infrastructure
Transit Score®
56 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Speigle Heights Apartments
What is a cheap apartment in Speigle Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Speigle Heights is under $895.
What is the price of a cheap apartment in Speigle Heights?
The cheapest apartment in Speigle Heights is VELO - Waller Avenue which is listed at $745, while the average apartment in Speigle Heights costs $4,625.
What types of apartments are the cheapest in Speigle Heights?
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 34 regular apartments in Speigle Heights 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 Speigle Heights?
Cheap apartments in Speigle Heights have an average cost of $633 which is $3,992 cheaper than the average rent for all rentals in Speigle Heights.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.