Cheap Apartments for Rent in the 40509 ZIP Code of Lexington, KY from $300 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 40509 ZIP Code area of Lexington.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Covington Place
3 Bedroom Apartments

Covington Place

2400 Woodhill DrLexington, KY 40509
  • Utilities Included
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Hamburg Senior Residence
1 to 2 Bedroom Apartments

Hamburg Senior Residence

1601 Villa Medici PassLexington, KY 40509
Senior Living
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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Heritage Hills
1 to 2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Lexington, KY Local Guide

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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.

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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 $600.

How much is rent for a Cheap One Bedroom 40509 Apartment?

The lowest price for a Cheap One Bedroom 40509 Apartment is $552 at Winwood Manor.

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

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.