
Cheap 2 Bedroom Apartments for Rent in Lexington, KY from $799 (107 Rentals)


Rosetown Apartments

Preakness Apartments

Parkside Apts - Coming Soon!

Victory Point Apartments & Townhomes

1921 Oxford Cir

Caballo Crossing

Double Tree Apartments
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.

Meadowthorpe Landing - Senior Housing

The Landing at Lex

Westchester on the Circle - NO VACANCY

The Dawn Run Apartments

Tates Creek Crossings

Park Vista

Mount Tabor Townhouses

The Oasis at Kearney Creek - Senior 55+

Tates Creek Village
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 Crossings Apartment Homes

The Alexandra

460 Lenney Dr

Regency Apartments at Southland

Lansdowne Grove

Lansdowne Apartments

Ashland Apartments - NEW Renovations

Revive 1749 - All Utilities Incl

1852 Arundel Dr

1618 Alexandria Dr

Polo Club Park - Senior/Affordable Housing

Kearney Ridge - Affordable Housing

Richwood Bend - Affordable Housing

Davis Park Station - NOW Leasing!

Life at Lexington

The Callaway

Chelsea Apartments

Canter Pointe

Steeplechase Apartments

Shorelake Apartments - Recently Remodeled!

Cove Lake Village Apartments

Thoroughbred Crossing

1940-1942 Wickland Dr

3554 Appian Way
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Studio Apartments | $1,176 | $495 | $2,567 |
Lexington 1 Bedroom Apartments | $1,289 | $595 | $4,017 |
Lexington 2 Bedroom Apartments | $1,529 | $799 | $5,673 |
Lexington 3 Bedroom Apartments | $1,809 | $854 | $6,145 |
Lexington 4 Bedroom Apartments | $2,090 | $1,185 | $2,700 |
Explore Lexington

Lexington, KY Local Guide
- Lexington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Lexington, KY
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Lexington, KY Area Reviews
Catrina • 4+ years in Lexington
February 25, 2025Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.
Frequently Asked Questions about Cheap Lexington Apartments
What is a cheap apartment in Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington is under $780.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is Twenty Two Twenty which is listed at $805, while the average apartment in Lexington costs $2,617.
What types of apartments are the cheapest in Lexington?
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 1,086 regular apartments in Lexington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lexington?
Cheap apartments in Lexington have an average cost of $1,120 which is $1,497 cheaper than the average rent for all rentals in Lexington.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.