
Cheap Apartments for Rent in the Winburn Neighborhood of Lexington, KY from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Winburn area of Lexington.


The Paddock Apartments

Matador North Apartments

Ferrill Square Apartments - 55+ Community

Alcove at Russell

Imperial Estates
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Alcove at Russell Cave

1145 Kees Rd

Meadow Green Apartments

1140 Kees Rd

206 Twelfth St

216 Twelfth St
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Parkway Manor

Derby Pointe

Fox Run Apartments

Lincoln Terrace Apartments

FIFTEEN51 Apartments of Lexington

St Martin Villa
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Biscayne Apartments

Cottages of Laclede
Winburn, Lexington, KY Local Guide

How much does it cost to rent an apartment in Winburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Winburn Studio Apartments | $800 | $800 | $800 |
| Winburn 1 Bedroom Apartments | $885 | $700 | $1,165 |
| Winburn 2 Bedroom Apartments | $1,091 | $858 | $1,295 |
| Winburn 3 Bedroom Apartments | $1,406 | $1,325 | $1,488 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Winburn Neighborhood of Lexington, KY.
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Winburn, Lexington, KY Local Guide
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Cheapest Available Winburn Apartments for Rent
 The cheapest available apartment rental in the Winburn area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. Matador North Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Winburn apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| Matador North Apartments | Studio | Studio,1BA | $800 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| Alcove at Russell Cave | 1 Bedroom 1 Bath | 1BR,1BA | $1,075 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Winburn, KY
As of January 25, 2026 the best value apartment in the Winburn area is the $0.95 price per square foot 2 Bedroom 1 Bath Model at Caballo Crossing in the in the Winburn neighborhood starting from $858. The second greatest value Winburn apartment is the One Bedroom Model at The Paddock Apartments starting at $1,125 with a $1.32 price per square foot in the Winburn neighborhood. Here is today’s list of the best values for Winburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
| Alcove at Russell Cave | 1 Bedroom 1 Bath | 1BR,1BA | $1.43 |
| Matador North Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| FIFTEEN51 Apartments of Lexington | Blend | 1BR,1BA | $2.07 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
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.
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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 LifestyleWinburn, Lexington, KY
Ranked #88
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Winburn, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Winburn Apartments
What is the price of a cheap apartment in Winburn?
The cheapest apartment in Winburn is Caballo Crossing which is listed at $700, while the average apartment in Winburn costs $1,406.
What types of apartments are the cheapest in Winburn?
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 2 regular apartments in Winburn that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.