Cheap Apartments for Rent in the Highlands Neighborhood of Lexington, KY from $400 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Highlands area of Lexington.

property at 1023 N Broadway

1023 N Broadway

LexingtonKY40505

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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2781 Jacquelyn Ln
1 to 3 Bedroom Apartments

2781 Jacquelyn Ln

2781 Jacquelyn LnLexington, KY 40511
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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
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Highlands, Lexington, KY Local Guide

Cheapest Available Highlands Apartments for Rent

 

The cheapest available apartment rental in the Highlands area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. Ferrill Square Apartments - 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $794. Here are the most affordable Highlands apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$794
The Oasis at Kearney Creek - Senior 55+One Bedroom - Senior 55+1BR,1BA$805
Kearney Ridge - Affordable HousingTwo Bedroom One Bath2BR,2BA$1,033
907 Trifecta on Red MileOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Highlands, KY

As of April 16, 2025 the best value apartment in the Highlands area is the $1.27 price per square foot 3 BR Townhome + Garage Model at Emerald Twenty Four in the in the Winburn neighborhood starting from $1,909. The second greatest value Highlands apartment is the 2 bedroom apt PHASE II Model at The Artisan starting at $1,555 with a $1.37 price per square foot in the Georgetown neighborhood. Here is today’s list of the best values for Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Twenty Four3 BR Townhome + Garage3BR,2.5BA$1.27
The Artisan2 bedroom apt PHASE II2BR,2BA$1.37
Kearney Ridge - Affordable HousingThree Bedroom Two Bathroom3BR,2BA$1.17
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
The Oasis at Kearney Creek - Senior 55+One Bedroom - Senior 55+1BR,1BA$1.15
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.20
907 Trifecta on Red MileOne Bedroom1BR,1BA$1.68
Townley Park ApartmentsAugusta1BR,1BA$1.95
The Flats at 345325 Large One Bedroom1BR,1BA$2.01
The Village at Great AcresFremont1BR,1BA$2.44

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Frequently Asked Questions about Cheap Highlands Apartments

What is the Cheapest Studio apartment in Highlands?

Currently the most affordable Cheap Studio Apartment in Highlands is at Studios180 - Short/Long Term Leases listed at $1,195.

How much is rent for a Cheap One Bedroom Highlands Apartment?

The lowest price for a Cheap One Bedroom Highlands Apartment is $700 at Caballo Crossing.

What is the lowest price for a Cheap Two Bedroom Highlands Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Highlands is starting from $858 at Caballo Crossing.

What is the most affordable Highlands Three Bedroom Apartment?

The best deal on a cheap Highlands Three Bedroom Apartment rental is at Kearney Ridge - Affordable Housing and starts from $1,240.

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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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.