1590 Martha Ct
LexingtonKY40505
Cheap Homes for Rent in Castlewood Neighborhood of Lexington, KY from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Castlewood area of Lexington.
1586 Martha Ct
LexingtonKY40505
308 E 7th St
LexingtonKY40508
439 Hawkins Ave
LexingtonKY40508
445 Davidson Ct
LexingtonKY40508
563 Ohio St
LexingtonKY40508
453 Race St
LexingtonKY40508
531 Smith St
LexingtonKY40508
509 W 3rd St
LexingtonKY40508
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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Castlewood, Lexington, KY Local Guide
How much does it cost to rent a home in Castlewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Castlewood 2 Bedroom Homes for Rent | $1,872 | $1,049 | $2,500 |
| Castlewood 3 Bedroom Homes for Rent | $1,522 | $807 | $2,800 |
| Castlewood 4 Bedroom Homes for Rent | $2,399 | $1,500 | $4,900 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Castlewood Neighborhood of Lexington, KY.
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Castlewood, Lexington, KY Local Guide
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Cheapest Available Castlewood Apartments for Rent
The cheapest available apartment rental in the Castlewood area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. The Dawn Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Castlewood apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| The Dawn Run Apartments | Studio SM | Studio,1BA | $790 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $794 |
Best Value Apartments for Rent in Castlewood, KY
As of March 23, 2025 the best value apartment in the Castlewood area is the $0.86 price per square foot 3 Bedroom Model at Limestone Square/Medical Villas in the in the Montclair neighborhood starting from $820. The second greatest value Castlewood apartment is the east2.1 Model at Eastland Hills starting at $799 with a $0.86 price per square foot in the Liberty Area 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. |
|---|---|---|---|
| Limestone Square/Medical Villas | 3 Bedroom | 3BR,2BA | $0.86 |
| Eastland Hills | east2.1 | 2BR,1BA | $0.86 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| 1809 at Winchester | A4 Alysheba - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
| Gatehouse Apartments - Most Utl Incl. | 1 BR | 1BR,1BA | $1.38 |
| 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 |
| The Ascent1555 - All Utilities Incl. | Renovated One Bedroom | 1BR,1BA | $2.09 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
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Frequently Asked Questions about Castlewood
What type of rentals are currently available in Castlewood?
There are currently 483 Apartments for Rent in Castlewood, KY with pricing that ranges from $495 to $3,553. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castlewood ranging from $675 to $4,900.
What is the current price range for Rental Homes in Castlewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Castlewood ranges from $675 to $4,900 with an average monthly rent of $1,564.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.