Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY Under $2,000 (77 Rentals)

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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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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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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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property at 576 E Third St

576 E Third St

LexingtonKY40508
property at 468 N Limestone

468 N Limestone

LexingtonKY40508
property at 312 S Upper St

312 S Upper St

LexingtonKY40508

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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property at 916 N Limestone

916 N Limestone

LexingtonKY40505
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Red Mile Square Townhomes
4 to 5 Bedroom Apartments

Red Mile Square Townhomes

1125 Unity DrLexington, KY 40504
Student Housing
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260 Lexington Ave
1 to 2 Bedroom Apartments

260 Lexington Ave

260 Lexington AveLexington, KY 40508
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620 N Limestone
Studio Apartments

620 N Limestone

620 N LimestoneLexington, KY 40508
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271 Lexington Ave
2 Bedroom Apartments

271 Lexington Ave

271 Lexington AveLexington, KY 40508
Student Housing
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Kampus Park
2 Bedroom Apartments

Kampus Park

400 Transylvania ParkLexington, KY 40508
Student Housing
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Kampus Townhouses
2 Bedroom Apartments

Kampus Townhouses

429-460 E Euclid AveLexington, KY 40508
Student Housing
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524 W Third St
1 Bedroom Apartments

524 W Third St

524 W Third StLexington, KY 40508
  • Utilities Included

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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Downtown Lexington, Lexington, KY Local Guide

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 Downtown Lexington

How much are Studio apartments in Downtown Lexington?

There are currently 34 Studio Apartments in Downtown Lexington with rent ranges from $580 to $1,855 with an average price of $1,321.

What is the current price range for One Bedroom Downtown Lexington Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Lexington ranges from $595 to $4,017 with an average monthly rent of $1,500.

What does renting a Two Bedroom Apartment in Downtown Lexington cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Lexington range from $800 to $5,733. Today's average rental price for Two Bedrooms here is $1,786.

How expensive are Downtown Lexington Three Bedroom Apartments?

There are currently 24 Three Bedroom Apartments listings available in Downtown Lexington on ApartmentHomeLiving.com. The pricing ranges from $875 to $2,100 - averaging $1,415 for the location.

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.