Apartments for Rent with Specials in the Downtown Lexington Neighborhood of Lexington, KY (10 Rentals)

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Apartments in the Downtown Lexington area of Lexington with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Preserve Lexington
Rent Specials
Special Offer
Specials Limited Time Offer: Select Apartment Homes Now Available for Just $999! Plus, receive a $500 gift card when you move in by May 13th
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Preserve Lexington

845 Red Mile RdLexington, KY 40504
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Low Income

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Downtown Lexington - 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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Prall Place Apartments - Affordable Housing
Rent Specials
Special Offer
Specials ********One Bedroom Waiting List Closed Effective 4/14/23 due to number of applicants on waiting list ********** We are still takin
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Prall Place Apartments - Affordable Housing

645 Winnie StLexington, KY 40508
Transit Friendly
  • Verified
  • Utilities Included
  • Low Income

Lexington's Best Affordable Neighborhoods

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

Downtown Lexington, Lexington, KY Local Guide

Top Lexington Apartments in the Downtown Lexington Area with Move-In Specials Ending Soon

Specials updated: 05-10-2025

Take advantage of these move-in and rent specials that are ending soon for top Downtown Lexington, KY apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!

Gateway Lofts Lexington

Move-in by 5/15 and get 2 months FREE!*Expires 05-11-2025

Preserve Lexington

Limited Time Offer: Select Apartment Homes Now Available for Just $999! Plus, receive a $500 gift card when you move in by May 13th. Look and lease within 24 hours, and well credit your application and admin fees back to you. This deal wont last longcall today for more details!Expires 05-11-2025

The Studios at Belmont - MAJOR UTILITIES INCL

$500 off the first full month (not prorate). Limited time offer- move-In by May 15th. Rent is $895 with major utilities included.Expires 05-15-2025

Studios180 - Short/Long Term Leases

$250 off pro-rate on 3-5 mo leases with move-in by 5/31/25 $500 off pro-rate for 6-12 mo leases with move-in by 5/31/25.Expires 05-31-2025

Newly Listed Move-In Specials offers for Apartments in Downtown Lexington, KY

Specials updated: 05-10-2025

Here are the most recently added special offers for renters looking to find the best deals on apartments in Downtown Lexington, KY. Be sure to take advantage of some of the area’s top offers.

The Wyatt

Waived Application FeeExpires 11-13-2025

Studios180 - Short/Long Term Leases

$250 off pro-rate on 3-5 mo leases with move-in by 5/31/25 $500 off pro-rate for 6-12 mo leases with move-in by 5/31/25.Expires 05-31-2025

The Studios at Belmont - MAJOR UTILITIES INCL

$500 off the first full month (not prorate). Limited time offer- move-In by May 15th. Rent is $895 with major utilities included.Expires 05-15-2025

Preserve Lexington

Limited Time Offer: Select Apartment Homes Now Available for Just $999! Plus, receive a $500 gift card when you move in by May 13th. Look and lease within 24 hours, and well credit your application and admin fees back to you. This deal wont last longcall today for more details!Expires 05-11-2025

Gateway Lofts Lexington

Move-in by 5/15 and get 2 months FREE!*Expires 05-11-2025

Quick Rent Budget Calculator

How much rent can you afford?

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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Frequently Asked Questions about Rent Specials Downtown Lexington Apartments

What is the Cheapest Rent Specials apartment in Downtown Lexington?

Currently the most affordable Rent Specials Apartment in Downtown Lexington is at The Stretch listed at $685.

How much is the average rent for a Rent Specials Downtown Lexington Apartment?

The average rent for a Rent Specials Apartment in Downtown Lexington is $1,379.

What is the largest Rent Specials Downtown Lexington Apartment for rent?

Today's Rent Specials apartment with the most square footage in Downtown Lexington is a 1,474 square feet unit starting from $879 at The Wyatt.

What is the average size for Downtown Lexington Rent Specials Apartments for rent?

The average size for a Rent Specials rental in Downtown Lexington is currently at 509 sq ft.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.