Cheap Apartments for Rent in Lexington, KY from $400 with Utilities Included (106 Rentals)
Apartments in Lexington where your utility payments are included in your rent.
Search the lowest-cost Apartments available for rent right now in Lexington.

Victory Point Apartments & Townhomes

Parkside Apts - Coming Soon!

Meadowthorpe Landing - Senior Housing

Ferrill Square Apartments - 55+ Community

Shorelake Apartments - Recently Remodeled!

The Oasis at Kearney Creek - Senior 55+

Twenty Two Twenty

Double Tree Apartments
Who Pays for Utilities? Landlord or Tenant?
Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

Lansdowne Apartments

Rose Tower Apartments

Polo Club Park - Senior/Affordable Housing

Richwood Bend - Affordable Housing

Davis Park Station - NOW Leasing!

Kearney Ridge - Affordable Housing

The Ascent1555 - All Utilities Incl.
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Chelsea Apartments

The Studios at Belmont - ALL UTILITIES INCL

Ridgewood

Westchester on the Circle - NO VACANCY

Senior Housing 55+ - Christian Towers II

The Axis at 1435

Revive 1749 - All Utilities Incl

Mount Tabor Townhouses

Trailside at McConnells Trace

Alcove at Russell

Gleneagles Apartments

Gatehouse Apartments - Most Utl Incl.

Ashland Apartments - NEW Renovations

The Studios at Patchen - FREE Utilities

Brighton 3050

1809 at Winchester

The Flats at 345

Trifecta on Red Mile: MAJOR Renovations

Beaumont Farms Apartments

Thoroughbred Crossing

Park Plaza Apartments

Artek Lofts

The Paddock Apartments

Enclave Hartland

Bridle Creek Apartments

Shillito Park Apartments

Emerald Twenty Four

Rabbit Run Apartments

Springs At Hamburg
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 | $1,187 | $495 | $2,246 |
Lexington 1 Bedroom Apartments | $1,267 | $570 | $3,979 |
Lexington 2 Bedroom Apartments | $1,507 | $694 | $5,299 |
Lexington 3 Bedroom Apartments | $1,841 | $820 | $6,216 |
Lexington 4 Bedroom Apartments | $2,116 | $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 the Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at The Dawn Run Apartments listed at $625.
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 $805 at Twenty Two Twenty.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Twenty Two Twenty 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.