Cheap Homes for Rent in Cave Hill Neighborhood of Lexington, KY from $700 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Cave Hill area of Lexington.

Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Cave Hill

Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!

Cave Hill, Lexington, KY Local Guide

Cheapest Available Cave Hill Apartments for Rent

 

The cheapest available apartment rental in the Cave Hill area of Lexington, KY is a 1 Bed unit found at The Crossings Apartment Homes priced from $860. Harrods Point Apartments - Newly remodeled has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Cave Hill apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
Harrods Point Apartments - Newly remodeledSmall one BedroomStudio,1BA$899
RidgewoodStudioStudio,1BA$899

Best Value Apartments for Rent in Cave Hill, KY

As of March 27, 2025 the best value apartment in the Cave Hill area is the $1.36 price per square foot 2X2 Model at Palomar View Apartments in the in the Stonewall Community neighborhood starting from $1,476. The second greatest value Cave Hill apartment is the 1 Bed 1 Bath Model at Shillito Park Apartments starting at $1,150 with a $1.44 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Palomar View Apartments2X22BR,2BA$1.36
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.44
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.60
The Wellington1 Bedroom1BR,1BA$1.53
Beaumont Farms ApartmentsAldebaron1BR,1BA$1.91
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66
The ElementThe Keeneland1BR,1BA$1.82
Studios340 - All Inclusive PricingFURNISHED STUDIOSStudio ,1BA$4.16
RidgewoodStudioStudio ,1BA$3.12

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Frequently Asked Questions about Cave Hill

What type of rentals are currently available in Cave Hill?

There are currently 42 Apartments for Rent in Cave Hill, KY with pricing that ranges from $835 to $2,139. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cave Hill ranging from $799 to $5,000.

What is the current price range for Rental Homes in Cave Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cave Hill ranges from $799 to $5,000 with an average monthly rent of $2,535.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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.

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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.

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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.

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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.