close
View Me
Rent Specials
from $6752 to 4 Bedroom Apartments Contact Us For Availability
The Stretch
1051 Red Mile RdLexington, KY 40504
Cheap Student Apartments for Rent in Lexington, KY from $400 (22 Rentals)
Rentals in Lexington near campus with by-the-room pricing and amenities for students.
Search the lowest-cost Apartments available for rent right now in Lexington.
close
View Me
from $7691 to 4 Bedroom Apartments Contact Us For Availability
5 Twenty Four & 5 Twenty Five Angliana
524-525 Angliana AveLexington, KY 40508
close
View Me
from $795Studio Apartments Available Aug 14
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
close
View Me
from $8201 to 3 Bedroom Apartments Available Now
Limestone Square/Medical Villas
129 Transcript AveLexington, KY 40508
close
View Me
Rent Specials
from $8891 to 4 Bedroom Apartments Contact Us For Availability
The Wyatt
497 S Angliana AveLexington, KY 40508
close
View Me
close
View Me
Rent Specials
from $1,1501 to 2 Bedroom Apartments Available Now
Shillito Park Apartments
3500 Beaver Place RdLexington, KY 40503
close
View Me
from $1,195Studio Apartments Available Now
Studios180 - Short/Long Term Leases
180 N Martin Luther King BlvdLexington, KY 40507
close
View Me
close
View Me
Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
close
View Me
close
View Me
Showing Results 1-22, Page 1 of 1
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 | $1,172 | $495 | $2,500 |
| Lexington 1 Bedroom Apartments | $1,282 | $570 | $4,228 |
| Lexington 2 Bedroom Apartments | $1,518 | $799 | $6,035 |
| Lexington 3 Bedroom Apartments | $1,805 | $820 | $5,906 |
| Lexington 4 Bedroom Apartments | $2,079 | $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
Do you know the Lexington area?
Let everyone know!
Write a Review
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 $794.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is MidTown Apartments which is listed at $570, while the average apartment in Lexington costs $2,615.
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 738 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 $1,147 which is $1,468 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.
Know Your Rights - How Discrimination Laws Impact Landlords & 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.
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.