
Cheap Apartments for Rent in the Winburn Neighborhood of Lexington, KY from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Winburn area of Lexington.


Caballo Crossing

921 N Broadway

Matador North Apartments

Ferrill Square Apartments - 55+ Community

933 N Broadway

1001 N Broadway
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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.

1975 Russell Cave Rd

2011 Spring Station Dr

1809 Gerald Dr
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.
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 | $662 | $525 | $800 |
| Winburn 1 Bedroom Apartments | $854 | $700 | $1,165 |
| Winburn 2 Bedroom Apartments | $1,049 | $900 | $1,440 |
| Winburn 3 Bedroom Apartments | $1,406 | $1,325 | $1,488 |
Browse Apartments in this Neighborhood
There are currently 14 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 Studio unit found at Matador North Apartments priced from $800. Ferrill Square Apartments - 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here are the most affordable Winburn apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Matador North Apartments | Studio | Studio,1BA | $800 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $806 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $858 |
| The Paddock Apartments | One Bedroom | 1BR,1BA | $1,125 |
| FIFTEEN51 Apartments of Lexington | Barrel | Studio,1BA | $1,279 |
Best Value Apartments for Rent in Winburn, KY
As of December 17, 2025 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 |
| Matador North Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.22 |
| FIFTEEN51 Apartments of Lexington | Barrel | Studio ,1BA | $2.55 |
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 #85
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
Getting Around the Winburn Neighborhood in Lexington, KY
Walk Score®
24 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Winburn Apartments
What is the price of a cheap apartment in Winburn?
The cheapest apartment in Winburn is Ferrill Square Apartments - 55+ Community which is listed at $806, 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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!



