Cheap Apartments for Rent in the St. Martins Village Neighborhood of Lexington, KY from $540 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the St. Martins Village area of Lexington.

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.

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Oxford Circle
$1,022 - $1,222
Total Monthly Price

Total Monthly Price

Base Rent
$1,022 - $1,222
Total Monthly Price
$1,022 - $1,222
1 Bedroom Apartments Available Now

Oxford Circle

1805 Oxford CirLexington, KY 40504
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Emerald Twenty Four
Rent Specials
$1,189 - $1,966
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,966
Total Monthly Price
$1,189 - $1,966
Studio to 3 Bedroom Apartments Available Now

Emerald Twenty Four

1024 Greendale RdLexington, KY 40511
Student Housing
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  • Customer Reviewed
  • Utilities Included

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.

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The Paddock Apartments
$1,195 - $1,345
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Total Monthly Price

Base Rent
$1,195 - $1,345
Total Monthly Price
$1,195 - $1,345
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
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The Artisan
$1,250 - $1,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,924
Total Monthly Price
$1,250 - $1,924
1 to 3 Bedroom Apartments Available Now

The Artisan

2601 Sandersville RdLexington, KY 40511
Furnished
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Park Plaza Apartments
$1,299 - $3,695
Total Monthly Price

Total Monthly Price

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$1,299 - $3,695
Total Monthly Price
$1,299 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
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Hillrise Place
Studio Apartments

Hillrise Place

709 Hill Rise CtLexington, KY 40504
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Wood Edge Villas
1 to 3 Bedroom Apartments

Wood Edge Villas

2781 Jacquelyn LnLexington, KY 40511
  • Utilities Included

The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent

Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.

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Preakness Apartments
1 to 3 Bedroom Apartments

Preakness Apartments

1707-1724 Versailles RdLexington, KY 40504
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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
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Imperial
1 to 3 Bedroom Apartments

Imperial

115 W Loudon AveLexington, KY 40508
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109 Withers Ave
1 Bedroom Apartments

109 Withers Ave

109 Withers AveLexington, KY 40505
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
  • Utilities Included

Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
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Christian Tpwers
1 Bedroom Apartments

Christian Tpwers

1511 Versailles RdLexington, KY 40504
Senior Living
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Whitney Woods
2 to 3 Bedroom Apartments

Whitney Woods

700 Whitney Woods PlLexington, KY 40504

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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St. Martins Village, Lexington, KY Local Guide

Cheapest Available St. Martins Village Apartments for Rent

 

The cheapest available apartment rental in the St. Martins Village area of Lexington, KY is a 1 Bed unit found at Preakness Apartments priced from $750. Meadowthorpe Landing - Senior Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable St. Martins Village apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Preakness ApartmentsP111BR,1BA$750
Meadowthorpe Landing - Senior HousingOne Bedroom1BR,1BA$770
Imperial3 Beds, 2 Baths3BR,2BA$796
109 Withers Ave1 Beds, 1 Baths1BR,1BA$825
1901 Apartments1BR - 1BTH Renovated1BR,1BA$945
Senior Housing 55+ - Christian Towers IIStandard1BR,1BA$992
Oxford Circleoxf 1.11BR,1BA$1,022
Rosetown ApartmentsTwo Bedroom2BR,1BA$1,050
Hub Lexington Upper4x2 Balcony4BR,2BA$1,159
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$1,180

Best Value Apartments for Rent in St. Martins Village, KY

As of August 22, 2026 the best value apartment in the St. Martins Village area is the $1.16 price per square foot 3 bedroom townhome w garage Model at The Artisan in the in the Georgetown neighborhood starting from $1,924. The second greatest value St. Martins Village apartment is the 121 Ferndale Pass Model at Citation Lofts starting at $1,950 with a $1.30 price per square foot in the St. Martins Village neighborhood. Here is today’s list of the best values for St. Martins Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Artisan3 bedroom townhome w garage3BR,2BA$1.16
Citation Lofts121 Ferndale Pass2BR,2BA$1.30
The WyattWYATT-44BR,4BA$0.65
Imperial3 Beds, 2 Baths3BR,2BA$0.83
Latitude Lexington525: 2 Bed - 2 Bath2BR,2BA$1.07
The Lex2x2 Deluxe2BR,2BA$1.18
Hub Lexington Upper3x2 VIP3BR,2BA$1.38
109 Withers Ave1 Beds, 1 Baths1BR,1BA$1.21
Preakness ApartmentsP111BR,1BA$1.12
Meadowthorpe Landing - Senior HousingOne Bedroom1BR,1BA$1.17

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
St. Martins Village, Lexington, KY

Ranked #37

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
St. Martins Village, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Kentucky including St. Martins Village, Lexington, and the greater Lexington area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap St. Martins Village Apartments

What is a cheap apartment in St. Martins Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Martins Village is under $1,180.

What is the price of a cheap apartment in St. Martins Village?

The cheapest apartment in St. Martins Village is Preakness Apartments which is listed at $750, while the average apartment in St. Martins Village costs $1,536.

What types of apartments are the cheapest in St. Martins Village?

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 23 regular apartments in St. Martins Village 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 St. Martins Village?

Cheap apartments in St. Martins Village have an average cost of $789 which is $747 cheaper than the average rent for all rentals in St. Martins Village.

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

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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.

decorative image for The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington article

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.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

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

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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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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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