Cheap Homes for Rent in Fayette County, KY from $600 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in Fayette County.

property at 1590 Martha Ct

1590 Martha Ct

LexingtonKY40505
property at 1586 Martha Ct

1586 Martha Ct

LexingtonKY40505
property at 445 Davidson Ct

445 Davidson Ct

LexingtonKY40508
property at 3573 Laredo Dr

3573 Laredo Dr

LexingtonKY40517

Cheapest Available Fayette County Apartments for Rent

 

The cheapest available apartment rental in Fayette County, KY is a 1 Bed unit found at Cedarwood in the Liberty Area neighborhood priced from $574. BelleFontaine Apartment Homes in the Boone Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Fayette County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CedarwoodThe Hampton1BR,1BA$574
BelleFontaine Apartment Homes0-1Studio,1BA$685
The Dawn Run ApartmentsStudio MDStudio,1BA$690
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Landing at Malabu1 Bed, 1 bath1BR,1BA$745
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
1901 Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$755
Flats at FontaineBuilding CStudio,1BA$775
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$794
Breckinridge CourtStudio 460 sf (st2)1BR,1BA$800

Best Value Apartments for Rent in Fayette County, KY

As of April 13, 2025 the best value apartment in the Fayette County area is the $1.12 price per square foot RM - 30G1 Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,910. The second greatest value Fayette County apartment is the House Model at MidTown Apartments starting at $1,700 with a $1.08 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Fayette County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
rmLexingtonRM - 30G13BR,2BA$1.12
MidTown ApartmentsHouse4BR,4BA$1.08
The Pines3 Bedroom 2.5 Bath3BR,2.5BA$1.07
Alcove at RussellThree Bedroom3BR,2BA$1.06
Richwood Bend - Affordable HousingThree Bedroom3BR,2BA$1.09
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
Double Tree Apartments1 Bedroom1BR,1BA$1.02
CedarwoodThe BristolStudio ,1BA$1.07
Park VistaPV1.11BR,1BA$1.12

Frequently Asked Questions about Fayette County

What type of rentals are currently available in Fayette County?

There are currently 1024 Apartments for Rent in Fayette County, KY with pricing that ranges from $495 to $6,123. There are also 137 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette County ranging from $675 to $6,000.

What is the current price range for Rental Homes in Fayette County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayette County ranges from $675 to $6,000 with an average monthly rent of $2,297.

How much are larger Three and Four Bedroom Rentals in Fayette County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayette County range from $820 to $6,123, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,185.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.