
Cheap Apartments for Rent in Lexington, KY from $500 with Swimming Pool (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


The Townhomes and Flats At Fontaine

The Alexandra Apartments

The Racquet Club Apartments

Crescent at Shadeland Apartments

Lansdowne Apartments

Tates Creek Village

Raintree Apartments

Kearney Ridge - Affordable Housing
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 Callaway

Westchester on the Circle - NO VACANCY

Lansdowne Grove

Steeplechase Apartments

Canter Pointe

Life at Lexington

Barrel Oaks Apartments

The Studios at Belmont

Creeks on Kirklevington

Patchen Place Apartments

Trailside at McConnells Trace

Gleneagles Apartments

The Vue Lexington

Cove Lake Village Apartments

Park Thirty99

The Metropolitan

Veridian Lexington

The Reserve At Merrick

Patchen Oaks

Brighton 3050

MAA Mansion

Preserve Lexington

Belmont Run Apartments

Spring House on the Park

1809 at Winchester

Emerald Twenty Four

Stoney Brooke Apartments

The Colony at the Oaks

Enclave Hartland

Bridle Creek Apartments

Shillito Park Apartments

Rabbit Run Apartments

Saddlebrook at Tates Creek

The Resort At Lake Crossing
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 | $1,223 | $635 | $2,149 |
Lexington 1 Bedroom Apartments | $1,280 | $570 | $4,732 |
Lexington 2 Bedroom Apartments | $1,485 | $799 | $5,299 |
Lexington 3 Bedroom Apartments | $1,821 | $820 | $5,992 |
Lexington 4 Bedroom Apartments | $2,098 | $1,185 | $2,700 |
Explore Lexington
Lexington, KY Local Guide
- Lexington Neighborhoods
- Nearby Cities
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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.
Frequently Asked Questions about Cheap Lexington Apartments
What is the Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at BelleFontaine Apartment Homes listed at $685.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $700 at Caballo Crossing.
What is the lowest price for a Cheap Two Bedroom Lexington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lexington is starting from $799 at Eastland Hills.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at The Dawn Run Apartments and starts from $1,000.
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.

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.

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.