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1060 Cross Keys RdLexington, KY 40504
Cheap Apartments for Rent in the Cave Hill Neighborhood of Lexington, KY from $500 (8 Rentals)
Cheap Apartments in the Cave Hill area of Lexington.
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from $765Studio to 2 Bedroom Apartments Available Now
Ridgewood
2170 Fort Harrods DrLexington, KY 40513
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $8601 to 3 Bedroom Apartments Available Now
The Crossings Apartment Homes
1040 Cross Keys RdLexington, KY 40504
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from $899Studio to 1 Bedroom Apartments Available Now
Harrods Point Apartments - Newly remodeled
2160 Fort Harrods DrLexington, KY 40513
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 $8991 to 3 Bedroom Apartments Available Now
The Alexandra
2044 Georgian WayLexington, KY 40504
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Cave Hill - One of the Best Affordable Neighborhoods in Lexington
Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!
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1021 Cross Keys Rd
LexingtonKY40504
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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Cave Hill, Lexington, KY Local Guide
How much does it cost to rent an apartment in Cave Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cave Hill Studio Apartments | $1,240 | $765 | $1,855 |
| Cave Hill 1 Bedroom Apartments | $1,122 | $720 | $1,995 |
| Cave Hill 2 Bedroom Apartments | $1,347 | $835 | $1,779 |
| Cave Hill 3 Bedroom Apartments | $1,639 | $950 | $2,139 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Cave Hill Neighborhood of Lexington, KY.
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Cave Hill, Lexington, KY Local Guide
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Cheapest Available Cave Hill Apartments for Rent
The cheapest available apartment rental in the Cave Hill area of Lexington, KY is a Studio unit found at Ridgewood priced from $765. The Crossings Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here are the most affordable Cave Hill apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgewood | Studio | Studio,1BA | $765 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $860 |
| Harrods Point Apartments - Newly remodeled | Small one Bedroom | Studio,1BA | $899 |
Best Value Apartments for Rent in Cave Hill, KY
As of May 03, 2025 the best value apartment in the Cave Hill area is the $1.39 price per square foot 2X2 Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,513. The second greatest value Cave Hill apartment is the 1 Bed 1 Bath Model at Shillito Park Apartments starting at $995 with a $1.24 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Cave Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Palomar View Apartments | 2X2 | 2BR,2BA | $1.39 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Harrods Point Apartments - Newly remodeled | 1 Bedroom FULLY RENOVATED | 1BR,1BA | $1.60 |
| The Wellington | 1 Bedroom | 1BR,1BA | $1.53 |
| Beaumont Farms Apartments | Aldebaron | 1BR,1BA | $1.91 |
| Trifecta on Red Mile | Trifecta on Red Mile - One Bedroom | 1BR,1BA | $1.66 |
| The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.38 |
| The Element | The Keeneland | 1BR,1BA | $1.82 |
| The Alexandra | The Summit Elite | 1BR,1BA | $1.67 |
| Ridgewood | Studio | Studio ,1BA | $2.66 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleCave Hill, Lexington, KY
Ranked #24
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Cave Hill, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Cave Hill Apartments
What is a cheap apartment in Cave Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cave Hill is under $1,255.
What is the price of a cheap apartment in Cave Hill?
The cheapest apartment in Cave Hill is The Crossings Apartment Homes which is listed at $860, while the average apartment in Cave Hill costs $1,777.
What types of apartments are the cheapest in Cave Hill?
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 9 regular apartments in Cave Hill 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 Cave Hill?
Cheap apartments in Cave Hill have an average cost of $394 which is $1,383 cheaper than the average rent for all rentals in Cave Hill.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.