
Cheap Homes for Rent in the St. Martins Village Neighborhood of Lexington, KY from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the St. Martins Village area of Lexington.


633 Ohio St

265 N Limestone

523 1/2 Ohio St
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.

401 Roosevelt Blvd

419 E Fifth St

1838 Balfour Dr

507 Michigan St, Unit 1
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.
St. Martins Village, Lexington, KY Local Guide

How much does it cost to rent a home in St. Martins Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| St. Martins Village 2 Bedroom Homes for Rent | $1,934 | $795 | $3,950 |
| St. Martins Village 3 Bedroom Homes for Rent | $1,745 | $1,300 | $2,300 |
| St. Martins Village 4 Bedroom Homes for Rent | $2,405 | $1,695 | $4,500 |
| St. Martins Village 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preakness Apartments | P11 | 1BR,1BA | $750 |
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $770 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in St. Martins Village, KY
As of July 09, 2026 the best value apartment in the St. Martins Village area is the $0.53 price per square foot 525: 4 bed - 4.5 Bath Model at Latitude Lexington in the in the Downtown Lexington neighborhood starting from $774. The second greatest value St. Martins Village apartment is the 3 BR ADA Apt w/1 car garage Model at Emerald Twenty Four starting at $1,936 with a $1.39 price per square foot in the Georgetown 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. |
|---|---|---|---|
| Latitude Lexington | 525: 4 bed - 4.5 Bath | 4BR,4.5BA | $0.53 |
| Emerald Twenty Four | 3 BR ADA Apt w/1 car garage | 3BR,2BA | $1.39 |
| Ashton Park Apartments | Acacia | 2BR,2BA | $1.52 |
| The Flats at 345 | Two Bedroom | 2BR,2BA | $1.88 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $1.00 |
| 1901 Apartments | 2BR - 1BTH Renovated | 2BR,1BA | $1.51 |
| Oxford Circle | oxf 1.1 | 1BR,1BA | $1.46 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
| Meadowthorpe Landing - Senior Housing | One Bedroom | 1BR,1BA | $1.17 |
| Senior Housing 55+ - Christian Towers II | Standard | 1BR,1BA | $1.59 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSt. Martins Village, Lexington, KY
Ranked #40
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
Frequently Asked Questions about St. Martins Village
What type of rentals are currently available in St. Martins Village?
There are currently 263 Apartments for Rent in St. Martins Village, KY with pricing that ranges from $695 to $3,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Martins Village ranging from $795 to $4,500.
What is the current price range for Rental Homes in St. Martins Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in St. Martins Village ranges from $795 to $4,500 with an average monthly rent of $2,044.
How much are larger Three and Four Bedroom Rentals in St. Martins Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in St. Martins Village range from $1,000 to $1,966, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $739.
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

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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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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Articles, How-To's, and Tips

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

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.