
Cheap Apartments for Rent in the St. Martins Village Neighborhood of Lexington, KY from $500 (59 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the St. Martins Village area of Lexington.


524 W Third St

Lincoln Terrace Apartments

Preserve Lexington
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Oakdale Apartments

419 E Fifth St

620 N Limestone

1861 Dunkirk Dr
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.

616 Bellaire Ave
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 | $1,344 | $540 | $1,795 |
| St. Martins Village 1 Bedroom Apartments | $1,333 | $749 | $3,237 |
| St. Martins Village 2 Bedroom Apartments | $1,651 | $895 | $2,395 |
| St. Martins Village 3 Bedroom Apartments | $1,840 | $995 | $2,450 |
| St. Martins Village 4 Bedroom Apartments | $941 | $799 | $1,059 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the St. Martins Village Neighborhood of Lexington, KY.
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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 $1,195.
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 $1,534.
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 19 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 $630 which is $904 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

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.

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.