Cheap Apartments for Rent in the Speigle Heights Neighborhood of Lexington, KY from $400 (87 Rentals)

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

property at 261 Lyndhurst Pl

$669 - $739

Studio To 1 Bedroom Rentals

Available May 13

261 Lyndhurst Pl

LexingtonKY40508

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 402 Gunn St

$900 - $950

1 Bedroom Rentals

Available Now

402 Gunn St

LexingtonKY40508

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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property at 123 Montmullin St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

123 Montmullin St

LexingtonKY40508

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.

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property at 170 E Loudon Ave

$1,200 - $1,350

2 To 3 Bedroom Rentals

Available Now

170 E Loudon Ave

LexingtonKY40505
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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

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.

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included
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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

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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Showing Results 1-50, Page 1 of 2

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 VELO Lexington priced from $745. 1592 Alexandria Dr 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 ListingModel NameBed/BathPriced From
VELO LexingtonNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$750
Preakness ApartmentsP111BR,1BA$750
Emerson Center 62+ Senior ApartmentsStudioStudio,1BA$750
Oxford Circleoxf 1.11BR,1BA$760
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Park VistaPV1.11BR,1BA$829
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
1901 Apartments1BR - 1BTH Upgraded1BR,1BA$945
The Vue Lexington1 Bed 1 Bath1BR,1BA$949

Best Value Apartments for Rent in Speigle Heights, KY

As of May 10, 2026 the best value apartment in the Speigle Heights area is the $1.25 price per square foot 2 Bedrooms W/ Balcony Model at Thoroughbred Crossing in the in the Beaumont Residential neighborhood starting from $1,200. The second greatest value Speigle Heights apartment is the 2 Bedrooms, 1.5 Bathrooms Model at Twenty Two Twenty starting at $805 with a $0.95 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.
Thoroughbred Crossing2 Bedrooms W/ Balcony2BR,1BA$1.25
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
1901 Apartments2BR - 1BTH Enhanced2BR,1BA$1.46
Park VistaPV1.11BR,1BA$1.12
Preakness ApartmentsP111BR,1BA$1.12
1592 Alexandria Dr1 Beds, 1 Baths1BR,1BA$1.15
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$1.59
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.58
Oxford Circleoxf 1.11BR,1BA$1.36

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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Quick 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.

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Pet Friendly Lifestyle
Speigle Heights, Lexington, KY

Ranked #29

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 $949.

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

The cheapest apartment in Speigle Heights is VELO Lexington which is listed at $745, while the average apartment in Speigle Heights costs $5,000.

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 38 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 $716 which is $4,284 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.