917 Georgetown St
LexingtonKY40511
Cheap Apartments for Rent in the Castlewood Neighborhood of Lexington, KY from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Castlewood area of Lexington.
500 Ohio St
LexingtonKY40508
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Rent Specials
from $625Studio to 3 Bedroom Apartments Available Now
The Dawn Run Apartments
1800 Augusta CtLexington, KY 40505
358 E 2nd St
LexingtonKY40508
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Rent Specials
from $7001 to 2 Bedroom Apartments Available Now
Caballo Crossing
500-522 Hollow Creek RdLexington, KY 40511
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from $7251 to 3 Bedroom Apartments Contact Us For Availability
Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
1826 Marietta Dr
LexingtonKY40505
562 Woodland Ave
LexingtonKY40508
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Rent Specials
from $7941 Bedroom Apartments Available Now
Ferrill Square Apartments - 55+ Community
471 Price RdLexington, KY 40508
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from $795Studio Apartments Available Aug 14
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
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.
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from $7991 to 2 Bedroom Apartments Available Apr 30
Eastland Hills
1740-1760 Jennifer RdLexington, KY 40505
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1 Bedroom Apartments
Woodland Park Apartments - UTILITIES INCLUDED
184 Old Park AveLexington, KY 40502
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Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
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Showing Results 1-25, Page 1 of 1
Castlewood, Lexington, KY Local Guide
How much does it cost to rent an apartment in Castlewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Castlewood Studio Apartments | $1,167 | $495 | $1,745 |
| Castlewood 1 Bedroom Apartments | $1,200 | $595 | $1,995 |
| Castlewood 2 Bedroom Apartments | $1,321 | $799 | $2,420 |
| Castlewood 3 Bedroom Apartments | $1,356 | $875 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Castlewood Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Castlewood, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Castlewood Apartments for Rent
The cheapest available apartment rental in the Castlewood area of Lexington, KY is a Studio unit found at The Dawn Run Apartments priced from $690. Caballo Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Castlewood apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dawn Run Apartments | Studio MD | Studio,1BA | $690 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $794 |
| Eastland Hills | east2.1 | 2BR,1BA | $799 |
| Double Tree Apartments | 1 Bedroom | 1BR,1BA | $840 |
Best Value Apartments for Rent in Castlewood, KY
As of April 23, 2025 the best value apartment in the Castlewood area is the $0.95 price per square foot 2 Bedroom 1 Bath Model at Caballo Crossing in the in the Northside Historic Residential neighborhood starting from $858. The second greatest value Castlewood apartment is the 1 Bedroom Model at Double Tree Apartments starting at $840 with a $1.02 price per square foot in the Shriners neighborhood. Here is today’s list of the best values for Castlewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| Double Tree Apartments | 1 Bedroom | 1BR,1BA | $1.02 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.38 |
| Davis Park Station - NOW Leasing! | One Bedroom | 1BR,1BA | $1.18 |
| Hub Limestone | 2x1 A | 2BR,1BA | $1.72 |
| Revive 1749 - All Utilities Incl | 1BR/1.0BA | 1BR,1BA | $1.40 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.20 |
| 1624 Jennifer Rd, Unit 108 | 1624 Jennifer Rd | 1BR,1BA | $1.31 |
| 1809 at Winchester | A2 Maxima - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.87 |
| The Dawn Run Apartments | Studio MD | Studio ,1BA | $1.53 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCastlewood, Lexington, KY
Ranked #78
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Castlewood, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Lexington, KY. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Getting Around the Castlewood Neighborhood in Lexington, KY
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
35 / 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 Castlewood Apartments
What is a cheap apartment in Castlewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Castlewood is under $925.
What is the price of a cheap apartment in Castlewood?
The cheapest apartment in Castlewood is Caballo Crossing which is listed at $700, while the average apartment in Castlewood costs $1,297.
What types of apartments are the cheapest in Castlewood?
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 11 regular apartments in Castlewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.