Cheap Apartments for Rent in the Speigle Heights Neighborhood of Lexington, KY from $400 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Speigle Heights 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 402 Gunn St

$900 - $1,025

1 Bedroom Rentals

Available Now

402 Gunn St

LexingtonKY40508
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The Vue Lexington
Rent Specials
$949 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$815 - $1,016
Required Monthly Fees
$134
Total Monthly Price
$949 - $1,150
1 to 2 Bedroom Apartments Available Now

The Vue Lexington

2070 Garden Springs DrLexington, KY 40504
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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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 Jun 1

The Axis at 1435

1435 Nicholasville RdLexington, KY 40503
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Preserve Lexington
Rent Specials
$999 - $4,221
Total Monthly Price

Total Monthly Price

Base Rent
$986 - $4,208
Required Monthly Fees
$13
Total Monthly Price
$999 - $4,221
1 to 3 Bedroom Apartments Available Now

Preserve Lexington

845 Red Mile RdLexington, KY 40504
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Low Income
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305 E Maxwell St, Unit #1
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
1 Bedroom Apartment Available Aug 1

305 E Maxwell St, Unit #1

305 E Maxwell StLexington, KY 40508
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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included
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Hillrise Place
Studio Apartments

Hillrise Place

709 Hill Rise CtLexington, 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.

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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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1356 Royalty Ct
1 to 2 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
  • Utilities Included
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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
  • Utilities Included
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508
Student Housing
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Preakness Apartments
1 to 3 Bedroom Apartments

Preakness Apartments

1707-1724 Versailles RdLexington, KY 40504
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1592 Alexandria Dr
1 to 2 Bedroom Apartments

1592 Alexandria Dr

1592 Alexandria DrLexington, KY 40504
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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
  • Utilities Included

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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Speigle Heights, Lexington, KY Local Guide

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 1901 Apartment Homes priced from $620. VELO Lexington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Speigle Heights apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$620
VELO LexingtonNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$750
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Preakness ApartmentsP111BR,1BA$750
Oxford Circleoxf 1.11BR,1BA$760
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$806
Park VistaPV1.11BR,1BA$829
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860

Best Value Apartments for Rent in Speigle Heights, KY

As of March 25, 2026 the best value apartment in the Speigle Heights area is the $0.92 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,445. The second greatest value Speigle Heights apartment is the 2 Bedroom Garden floor Model at Thoroughbred Crossing starting at $1,100 with a $1.22 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 ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsHouse4BR,4BA$0.92
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1.22
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
1901 Apartment Homes2 Bedroom, 1 Bathroom1BR,1BA$0.83
Park VistaPV1.11BR,1BA$1.12
Preakness ApartmentsP111BR,1BA$1.12
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.22
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$1.15
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
Oxford Circleoxf 1.11BR,1BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Quick Rent Budget Calculator

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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
Speigle Heights, Lexington, KY

Ranked #24

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
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!

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 $860.

What is the price of a cheap apartment in Speigle Heights?

The cheapest apartment in Speigle Heights is 1901 Apartment Homes which is listed at $620, while the average apartment in Speigle Heights costs $5,200.

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 46 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 $876 which is $4,324 cheaper than the average rent for all rentals in Speigle Heights.

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.