
Cheap Apartments for Rent in the Highlands Neighborhood of Lexington, KY from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highlands area of Lexington.


Meadowthorpe Landing - Senior Housing

1005 N Broadway

The Oasis at Kearney Creek - Senior 55+
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2781 Jacquelyn Ln

Ferrill Square Apartments - 55+ Community

Kearney Ridge - Affordable Housing

Westchester on the Circle - NO VACANCY
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1456 Meadowthorpe Avenue, Unit Apartment #2

Victory Point Apartments & Townhomes
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Lexington's Best Affordable Neighborhoods
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133 Twelfth St, Unit A
Highlands, Lexington, KY Local Guide

How much does it cost to rent an apartment in Highlands?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Highlands Studio Apartments | $1,318 | $1,154 | $1,745 |
Highlands 1 Bedroom Apartments | $1,168 | $700 | $1,625 |
Highlands 2 Bedroom Apartments | $1,560 | $858 | $2,039 |
Highlands 3 Bedroom Apartments | $1,784 | $1,240 | $2,095 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Highlands Neighborhood of Lexington, KY.
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Highlands, Lexington, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
The Oasis at Kearney Creek - Senior 55+ | One Bedroom - Senior 55+ | 1BR,1BA | $805 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $854 |
Kearney Ridge - Affordable Housing | Two Bedroom One Bath | 2BR,2BA | $1,033 |
Trifecta on Red Mile | Trifecta on Red Mile - One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Emerald Twenty Four | 3 BR Townhome + Garage | 3BR,2.5BA | $1.27 |
The Village at Great Acres | Madison 2B | 2BR,2.5BA | $1.67 |
Kearney Ridge - Affordable Housing | Three Bedroom Two Bathroom | 3BR,2BA | $1.17 |
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
The Artisan | 1 bedroom townhome w garage | 1BR,1BA | $1.58 |
The Paddock Apartments | One Bedroom | 1BR,1BA | $1.32 |
The Oasis at Kearney Creek - Senior 55+ | One Bedroom - Senior 55+ | 1BR,1BA | $1.15 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.29 |
Trifecta on Red Mile | Trifecta on Red Mile - One Bedroom | 1BR,1BA | $1.66 |
Townley Park Apartments | Augusta | 1BR,1BA | $1.95 |
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Best Local Schools in Highlands, Lexington, KY
School data provided by Great Schools
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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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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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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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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.