
Cheap Apartments for Rent in the St. Martins Village Neighborhood of Lexington, KY from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the St. Martins Village area of Lexington.


Meadowthorpe Landing - Senior Housing

1901 Apartment Homes

Rosetown Apartments
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.

921 N Broadway

1023 N Broadway

Ferrill Square Apartments - 55+ Community

Davis Park Station

451 Chestnut St

Westchester on the Circle - NO VACANCY

Senior Housing 55+ - Christian Towers II

544 Pemberton St
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.

Victory Point Apartments & Townhomes
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.

Westminster Village - Affordable Housing
The 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.
St. Martins Village, Lexington, KY Local Guide

How much does it cost to rent an apartment in St. Martins Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
St. Martins Village Studio Apartments | $1,371 | $825 | $1,745 |
St. Martins Village 1 Bedroom Apartments | $1,169 | $700 | $1,735 |
St. Martins Village 2 Bedroom Apartments | $1,317 | $835 | $1,820 |
St. Martins Village 3 Bedroom Apartments | $1,513 | $899 | $1,909 |
St. Martins Village 4 Bedroom Apartments | $1,123 | $739 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the St. Martins Village Neighborhood of Lexington, KY.
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St. Martins Village, Lexington, KY Local Guide
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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. Oxford Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable St. Martins Village apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Preakness Apartments | P11 | 1BR,1BA | $750 |
Oxford Circle | oxf 1.1 | 1BR,1BA | $760 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
515 S Upper St | Near Campus | Studio,1BA | $825 |
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $858 |
Rosetown Apartments | Two Bedroom | 2BR,1BA | $900 |
Hub Lexington Upper | 4x2 Balcony | 4BR,2BA | $1,085 |
The Flats at 345 | 325 One Bedroom | 1BR,1BA | $1,095 |
Trifecta on Red Mile - Newly Renovated! | Trifecta on Red Mile - One Bedroom | 1BR,1BA | $1,095 |
Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
Best Value Apartments for Rent in St. Martins Village, KY
As of September 19, 2025 the best value apartment in the St. Martins Village area is the $1.27 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,909. The second greatest value St. Martins Village apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 price per square foot in the Winburn neighborhood. Here is today’s list of the best values for St. Martins Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.27 |
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
Townley Park Apartments | Churchill | 2BR,2BA | $1.57 |
Latitude Lexington | 525: 1 Bed - 1 Bath | 1BR,1BA | $1.75 |
Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
Trifecta on Red Mile - Newly Renovated! | Trifecta on Red Mile - Two Bedroom | 2BR,1BA | $1.75 |
Preakness Apartments | P11 | 1BR,1BA | $1.12 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
515 S Upper St | Near Campus | Studio ,1BA | $1.38 |
Oxford Circle | oxf 1.1 | 1BR,1BA | $1.36 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSt. Martins Village, Lexington, KY
Ranked #49
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,120.
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 $4,500.
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 28 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 $491 which is $4,009 cheaper than the average rent for all rentals in St. Martins Village.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.