
Cheap Apartments for Rent in the 40516 ZIP Code of Lexington, KY from $300 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the 40516 ZIP Code area of Lexington.


The Ascent1555

Polo Club Park - Senior/Affordable Housing

Double Tree Apartments

2016 Cornerstone 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.

1461 Huntsville Dr

1852 Arundel Dr

1809 at Winchester

1940-1942 Wickland Dr

Springs At Hamburg

The Avery
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

721 Williamsburg Dr

1811 Dalton Ct
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.
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40516?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
40516 Studio Apartments | $1,017 | $625 | $1,571 |
40516 1 Bedroom Apartments | $1,387 | $775 | $1,954 |
40516 2 Bedroom Apartments | $1,840 | $910 | $3,378 |
40516 3 Bedroom Apartments | $2,077 | $1,010 | $3,146 |
Browse Apartments in the 40516 Zip Code of Lexington
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Frequently Asked Questions about Cheap the 40516 ZIP Code Apartments
What is the Cheapest Studio apartment in 40516?
Currently the most affordable Cheap Studio Apartment in 40516 is at Granada Apartments & Townhomes listed at $900.
How much is rent for a Cheap One Bedroom 40516 Apartment?
The lowest price for a Cheap One Bedroom 40516 Apartment is $695 at Magnolia Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom 40516 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40516 is starting from $840 at Granada Apartments & Townhomes.
What is the most affordable 40516 Three Bedroom Apartment?
The best deal on a cheap 40516 Three Bedroom Apartment rental is at Summer Key Apartments and starts from $1,220.
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.

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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.