Cheap Homes for Rent in St. Martins Village Neighborhood of Lexington, KY from $700 (7 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Caballo Crossing priced from $700. Preakness Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable St. Martins Village apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Preakness ApartmentsP111BR,1BA$715
Oxford Circleoxf 1.11BR,1BA$735

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

As of June 20, 2025 the best value apartment in the St. Martins Village area is the $1.23 price per square foot 3 BR Apt. Model at Emerald Twenty Four in the in the Georgetown neighborhood starting from $1,714. The second greatest value St. Martins Village apartment is the Two Bedroom Corner Model at The Flats at 345 starting at $1,675 with a $1.75 price per square foot in the Northside Historic Residential 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.
Emerald Twenty Four3 BR Apt.3BR,2BA$1.23
The Flats at 345Two Bedroom Corner2BR,2BA$1.75
SignatureThe Secretariat2BR,2BA$1.13
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Townley Park ApartmentsSavannah2BR,2BA$1.67
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$0.93
1901 Apartment Homes2 Bedrooms, 1 Bathroom2BR,1BA$1.13
Preakness ApartmentsP111BR,1BA$1.07
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.29
Oxford Circleoxf 1.11BR,1BA$1.32

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Frequently Asked Questions about St. Martins Village

What type of rentals are currently available in St. Martins Village?

There are currently 256 Apartments for Rent in St. Martins Village, KY with pricing that ranges from $695 to $7,045. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Martins Village ranging from $725 to $2,950.

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 $2,950 with an average monthly rent of $1,726.

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 $875 to $7,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $4,000.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.