
Cheap Apartments for Rent in the East Lexington Neighborhood of Lexington, KY from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Lexington area of Lexington.


Caballo Crossing

1318 Highland Park Dr

Eastland Hills

1826 Marietta Dr

Rosetown Apartments

The Landing at Lex

Flats at Fontaine

The Dawn Run Apartments

Kampus Properties STUDENT HOUSING - 2024-'25
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Shorelake Apartments - Recently Remodeled!

1023 N Broadway

Double Tree Apartments

468 N Limestone

1624 Jennifer Rd, Unit 108

Rose Tower Apartments

208 Lakeshore Dr

The Ascent1555 - All Utilities Incl.

Woodland Park Apartments - UTILITIES INCLUDED
East Lexington, Lexington, KY Local Guide

How much does it cost to rent an apartment in East Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Lexington Studio Apartments | $1,113 | $775 | $1,745 |
East Lexington 1 Bedroom Apartments | $1,132 | $570 | $1,845 |
East Lexington 2 Bedroom Apartments | $1,450 | $799 | $2,270 |
East Lexington 3 Bedroom Apartments | $1,378 | $875 | $2,700 |
East Lexington 4 Bedroom Apartments | $2,366 | $1,700 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the East Lexington Neighborhood of Lexington, KY.
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East Lexington, Lexington, KY Local Guide
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Cheapest Available East Lexington Apartments for Rent
 The cheapest available apartment rental in the East Lexington area of Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes priced from $685. The Dawn Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $690. Here are the most affordable East Lexington apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
The Dawn Run Apartments | Studio MD | Studio,1BA | $690 |
Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
Flats at Fontaine | Building C | Studio,1BA | $775 |
Double Tree Apartments | 1 Bedroom | 1BR,1BA | $840 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
The Ascent1555 - All Utilities Incl. | Renovated Studio | Studio,1BA | $875 |
Revive 1749 - All Utilities Incl | 1BR/1.0BA | 1BR,1BA | $925 |
MidTown Apartments | Woodland | 1BR,1BA | $975 |
Best Value Apartments for Rent in East Lexington, KY
As of April 15, 2025 the best value apartment in the East Lexington area is the $1.06 price per square foot Three Bedroom Model at Alcove at Russell in the in the Winburn neighborhood starting from $1,376. The second greatest value East Lexington apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for East Lexington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Alcove at Russell | Three Bedroom | 3BR,2BA | $1.06 |
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
Double Tree Apartments | 1 Bedroom | 1BR,1BA | $1.02 |
Revive 1749 - All Utilities Incl | 1BR/1.0BA | 1BR,1BA | $1.40 |
1624 Jennifer Rd, Unit 108 | 1624 Jennifer Rd | 1BR,1BA | $1.31 |
1809 at Winchester | A2 Maxima - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.87 |
The Flats at 345 | 325 Large One Bedroom | 1BR,1BA | $2.01 |
BelleFontaine Apartment Homes | 1-1 | 1BR,1BA | $1.60 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
The Dawn Run Apartments | Studio MD | Studio ,1BA | $1.53 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEast Lexington, Lexington, KY
Ranked #26
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in East Lexington, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Kentucky including East Lexington, Lexington, and the greater Lexington area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the East Lexington Neighborhood in Lexington, KY
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap East Lexington Apartments
What is a cheap apartment in East Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Lexington is under $975.
What is the price of a cheap apartment in East Lexington?
The cheapest apartment in East Lexington is Caballo Crossing which is listed at $700, while the average apartment in East Lexington costs $3,345.
What types of apartments are the cheapest in East Lexington?
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 East Lexington 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 East Lexington?
Cheap apartments in East Lexington have an average cost of $1,175 which is $2,170 cheaper than the average rent for all rentals in East Lexington.
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.

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.

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.