Cheap Apartments for Rent in the Highlands Neighborhood of Lexington, KY from $600 (17 Rentals)

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

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2781 Jacquelyn Ln
1 to 3 Bedroom Apartments

2781 Jacquelyn Ln

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

St Martin Villa

412-422 Lima DrLexington, KY 40511
  • Utilities Included

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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
  • Utilities Included
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Fox Run Apartments
1 to 3 Bedroom Apartments

Fox Run Apartments

1840 Mccullough DrLexington, KY 40511
  • 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

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. The Oasis at Kearney Creek - Senior 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here are the most affordable Highlands apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
The Oasis at Kearney Creek - Senior 55+One Bedroom - Senior 55+1BR,1BA$805
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$854
Kearney Ridge - Affordable HousingTwo Bedroom One Bath2BR,2BA$1,033
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Highlands, KY

As of May 13, 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 Madison 2B Model at The Village at Great Acres starting at $1,985 with a $1.67 price per square foot in the Redd Road Rural Historic District 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 Village at Great AcresMadison 2B2BR,2.5BA$1.67
Kearney Ridge - Affordable HousingThree Bedroom Two Bathroom3BR,2BA$1.17
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
The Artisan1 bedroom townhome w garage1BR,1BA$1.58
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
The Oasis at Kearney Creek - Senior 55+One Bedroom - Senior 55+1BR,1BA$1.15
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.29
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1.66
Townley Park ApartmentsAugusta1BR,1BA$1.95

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Frequently Asked Questions about Cheap Highlands Apartments

What is a cheap apartment in Highlands?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highlands is under $1,403.

What is the price of a cheap apartment in Highlands?

The cheapest apartment in Highlands is Caballo Crossing which is listed at $700, while the average apartment in Highlands costs $1,838.

What types of apartments are the cheapest in Highlands?

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 Highlands 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 Highlands?

Cheap apartments in Highlands have an average cost of $296 which is $1,542 cheaper than the average rent for all rentals in Highlands.

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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