
Cheap Apartments for Rent in the Winburn Neighborhood of Lexington, KY from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Winburn area of Lexington.


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FIFTEEN51 Apartments of Lexington

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The Paddock Apartments

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Matador North Apartments

Alcove at Russell

Imperial Estates

Alcove at Russell Cave
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.

1120 Kees Rd

1145 Kees Rd

1140 Kees Rd

Meadow Green Apartments

206 Twelfth St

216 Twelfth St

Parkway Manor
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.

Derby Pointe

Ferrill Square Apartments - 55+ Community

Fox Run Apartments

Lincoln Terrace Apartments

St Martin Villa

Biscayne Apartments

Cottages of Laclede
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,238 | $800 | $1,404 |
| Winburn 1 Bedroom Apartments | $1,307 | $730 | $1,730 |
| Winburn 2 Bedroom Apartments | $1,640 | $858 | $2,144 |
| Winburn 3 Bedroom Apartments | $1,406 | $1,325 | $1,488 |
Browse Apartments in this Neighborhood
There are currently 21 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 $730. Alcove at Russell has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. 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 | $730 |
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1,075 |
| Alcove at Russell Cave | 1 Bedroom 1 Bath | 1BR,1BA | $1,078 |
Best Value Apartments for Rent in Winburn, KY
As of June 21, 2026 the best value apartment in the Winburn area is the $1.43 price per square foot 1 Bedroom Model at Alcove at Russell in the in the Winburn neighborhood starting from $1,075. The second greatest value Winburn apartment is the 1 Bedroom 1 Bath Model at Alcove at Russell Cave starting at $1,078 with a $1.44 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. |
|---|---|---|---|
| Alcove at Russell | 1 Bedroom | 1BR,1BA | $1.43 |
| Alcove at Russell Cave | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $0.97 |
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 LifestyleWinburn, Lexington, KY
Ranked #83
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 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 3 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.
Helpful Local Expert Guides

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.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.