
Cheap Apartments for Rent in Lexington, KY from $500 (253 Rentals)Page 2 of 6
Search the lowest-cost Apartments available for rent right now in Lexington.


Chelsea Apartments

Ridgewood

Mt. Tabor Apartments

The Callaway

Harrods Point Apartments - Newly remodeled

1197 Appian Crossing Way

Senior Housing 55+ - Christian Towers II

925 N Broadway

Lansdowne Grove

Westchester on the Circle - NO VACANCY

209 Lakeshore Dr

Steeplechase Apartments

The Axis at 1435

Canter Pointe

Revive 1749 - All Utilities Incl

Life at Lexington

240-242 E Fourth St

Mount Tabor Townhouses

Barrel Oaks Apartments

1975 Russell Cave Rd

EAGLE CREEK TOWNHOMES

The Studios at Belmont

1969 Cambridge Dr

201 Joey Way

Saddlebrook at Tates Creek

Creeks on Kirklevington

Patchen Place Apartments

Rivers at Bluegrass

2904 Winter Garden

460 Lenney Dr

Trailside at McConnells Trace

Alcove at Russell

The Vue Lexington

Cove Lake Village Apartments

Regency Apartments at Southland

The Studios at Patchen - FREE Utilities

Gleneagles Apartments

1992 Fair Oaks Dr

914 N Limestone

Park Thirty99

The Metropolitan

Ashland Apartments - NEW Renovations

1133 Kees Rd

916 N Limestone

MAA Mansion

The Reserve At Merrick
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lexington Studio Apartments | $1,232 | $680 | $2,149 |
Cheap Lexington 1 Bedroom Apartments | $1,280 | $531 | $4,732 |
Cheap Lexington 2 Bedroom Apartments | $1,486 | $799 | $5,299 |
Cheap Lexington 3 Bedroom Apartments | $1,822 | $820 | $6,013 |
Cheap Lexington 4 Bedroom Apartments | $2,098 | $1,185 | $2,700 |
Browse Top Apartments in Lexington
See all Apartments in LexingtonExplore Lexington
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 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 $810.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is Caballo Crossing which is listed at $700, while the average apartment in Lexington costs $2,614.
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 873 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 $1,158 which is $1,456 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.

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.

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.