
Cheap Apartments for Rent in the 40509 ZIP Code of Lexington, KY from $300 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the 40509 ZIP Code area of Lexington.


Richwood Bend - Affordable Housing

Total Monthly Price
The Champion at Bluegrass Apartments

Flats at 2875

Gleneagles

2016 Cornerstone Dr

Raintree Apartments

Stoney Brooke Apartments

Brighton 3050

The BLVD at Hays
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

The Pops

Total Monthly Price
Steeplechase Apartments

Reserve at Hamburg

Springs At Hamburg

Colts Run

1809 at Winchester

Springs at Polo Club

Waterstone at Hamburg Apartments

Parkside Heights

The Retreat at Hamburg Place Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
The Avery

Cedarwood

Covington Place

Hamburg Senior Residence

The Village at Richmond Woods

Lexington Villas

2452 Butternut Hill Ct

408 Bainbridge Ct

2822 Hanna Pl

461 Dabney Dr
The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent
Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.

226 Mousas Way

262 Osage Ct

Garden Estates

3049 Mapleleaf Park

Cove Lake Village Apartments

Patchen Place

EAGLE CREEK TOWNHOMES

Prime Hamburg Apartments

Revive 1749 - All Utilities Incl

Gatehouse Apartments - Most Utl Incl.
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

The Studios at Patchen - FREE Utilities

MAA Village

MAA Lakepointe

Patchen Oaks

The Resort At Lake Crossing

3200 Baird Ct

2017 St Michael Dr, Unit 1

485 Woodview Dr

Latitude 37 Apartments

Mount Tabor Townhouses
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40509?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40509 Studio Apartments | $1,381 | $950 | $1,531 |
| 40509 1 Bedroom Apartments | $1,407 | $875 | $2,893 |
| 40509 2 Bedroom Apartments | $1,684 | $850 | $3,492 |
| 40509 3 Bedroom Apartments | $2,039 | $1,150 | $4,170 |
| 40509 4 Bedroom Apartments | $1,450 | $1,400 | $1,500 |
Browse Apartments in the 40509 Zip Code of Lexington
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Frequently Asked Questions about Cheap the 40509 ZIP Code Apartments
What is the Cheapest Studio apartment in 40509?
Currently the most affordable Cheap Studio Apartment in 40509 is at West Tennessee Street listed at $625.
How much is rent for a Cheap One Bedroom 40509 Apartment?
The lowest price for a Cheap One Bedroom 40509 Apartment is $630 at Quail Run.
What is the lowest price for a Cheap Two Bedroom 40509 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40509 is starting from $517 at Greenleaf Apartments.
What is the most affordable 40509 Three Bedroom Apartment?
The best deal on a cheap 40509 Three Bedroom Apartment rental is at Ivy Pointe Apartments and starts from $749.
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

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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

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

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.