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

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

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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
  • Utilities Included
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508

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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
  • Utilities Included
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
  • Utilities Included
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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, 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

Hollywood, Lexington, KY Local Guide

Cheapest Available Hollywood Apartments for Rent

 

The cheapest available apartment rental in the Hollywood area of Lexington, KY is a 1 Bed unit found at MidTown Apartments priced from $610. The Studios at Belmont - MAJOR UTILITIES INCL has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Hollywood apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
MidTown ApartmentsBedroom1BR,1BA$610
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1,095
Park Plaza ApartmentsMaxwellStudio,1BA$1,120
Studios180 - Short/Long Term LeasesStudioStudio,1BA$1,195

Best Value Apartments for Rent in Hollywood, KY

As of May 13, 2025 the best value apartment in the Hollywood area is the $1.72 price per square foot 2x1 A Model at Hub Limestone in the in the Montclair neighborhood starting from $1,255. The second greatest value Hollywood apartment is the Trifecta on Red Mile - One Bedroom Model at Trifecta on Red Mile starting at $1,095 with a $1.66 price per square foot in the Montclair neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub Limestone2x1 A2BR,1BA$1.72
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1.66
1729 Midtown (Pre-Leasing for June 2025)1x1 B 11U-Reg)1BR,1BA$2.95
MidTown ApartmentsWoodland1BR,1BA$2.52
Park Plaza ApartmentsMaxwellStudio ,1BA$2.93
Studios180 - Short/Long Term LeasesFurnished StudioStudio ,1BA$3.70
Studios340 - All Inclusive PricingFurnished StudioStudio ,1BA$4.16
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio ,1BA$2.84

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Pet Friendly Lifestyle
Hollywood, Lexington, KY

Ranked #65

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Hollywood Apartments

What is a cheap apartment in Hollywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hollywood is under $1,325.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is MidTown Apartments which is listed at $610, while the average apartment in Hollywood costs $3,345.

What types of apartments are the cheapest in Hollywood?

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 37 regular apartments in Hollywood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.