
Cheap Homes for Rent in St. Martins Village Neighborhood of Lexington, KY from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the St. Martins Village area of Lexington.


633 Ohio St

426 E Fifth St

246 Warnock 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.

419 E Fifth St

653 Jackson St

1435 N Forbes Rd

537 Asbury Ln
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.

161 E Loudon Ave
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 | $1,851 | $1,195 | $4,900 |
| St. Martins Village 3 Bedroom Homes for Rent | $1,628 | $1,295 | $1,895 |
| St. Martins Village 4 Bedroom Homes for Rent | $2,754 | $1,795 | $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 9 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 |
| 1901 Apartments | 1BR - 1BTH Upgraded | 1BR,1BA | $945 |
Best Value Apartments for Rent in St. Martins Village, KY
As of May 24, 2026 the best value apartment in the St. Martins Village area is the $1.29 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,936. The second greatest value St. Martins Village apartment is the 186 Robinson Way Model at Citation Lofts starting at $3,000 with a $2.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.29 |
| Citation Lofts | 186 Robinson Way | 2BR,2BA | $2.00 |
| Latitude Lexington | 525: 4 bed - 4.5 Bath | 4BR,4.5BA | $0.53 |
| FIFTEEN51 Apartments of Lexington | Maple | 2BR,2BA | $1.76 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
| 1901 Apartments | 2BR - 1BTH Renovated | 2BR,1BA | $1.51 |
| Trifecta on Red Mile - Newly Renovated! | Trifecta on Red Mile - Two Bedroom | 2BR,1BA | $1.75 |
| Preakness Apartments | P11 | 1BR,1BA | $1.12 |
| Senior Housing 55+ - Christian Towers II | Standard | 1BR,1BA | $1.59 |
| Oxford Circle | oxf 1.1 | 1BR,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.
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 #39
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 260 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 $725 to $4,900.
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 $725 to $4,900 with an average monthly rent of $1,974.
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 $2,020, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,795 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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