750 Shaker Dr
LexingtonKY40504
Cheap Homes for Rent in Lexington, KY from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
1590 Martha Ct
LexingtonKY40505
1021 Cross Keys Rd
LexingtonKY40504
445 Davidson Ct
LexingtonKY40508
453 Race St
LexingtonKY40508
1456 Meadowthorpe Avenue, Unit Apartment #2
1456 Meadowthorpe Avenue
LexingtonKY40511
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
124 Penmoken Park
LexingtonKY40503
169 Delmont Dr
LexingtonKY40504
133 Twelfth St, Unit A
133 Twelfth St
LexingtonKY40505
750 Terrace View Dr
LexingtonKY40504
1811 Dalton Ct
LexingtonKY40505
1281 Village Dr
LexingtonKY40504
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
2822 Hanna Pl
LexingtonKY40509
120 Grapevine Ct
NicholasvilleKY40356
3573 Laredo Dr
LexingtonKY40517
421 Redding Rd, Unit 421 Redding Rd. # 47
421 Redding Rd
LexingtonKY40517
408 Bainbridge Ct
LexingtonKY40509
248 E Fifth St
LexingtonKY40508
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
152 E Fifth St
LexingtonKY40508
858 Whitney Ave
LexingtonKY40508
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Lexington, KY Local Guide
How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $1,547 | $950 | $2,500 |
| Lexington 3 Bedroom Homes for Rent | $1,960 | $680 | $6,000 |
| Lexington 4 Bedroom Homes for Rent | $2,414 | $1,650 | $4,800 |
| Lexington 5 Bedroom Homes for Rent | $3,874 | $3,499 | $4,250 |
| Lexington 6 Bedroom Homes for Rent | $5,750 | $5,000 | $6,500 |
Browse Top Homes for Rent in Lexington
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Lexington, KY Local Guide
- Lexington Neighborhoods
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Cheapest Neighborhoods for Apartments in Lexington, KY
Pricing Updated: 04/30/2025Current apartment rentals in the Lexington, KY area range in price from $495 to $6,145 with an overall median price of $2,602. The three Lexington neighborhoods with the lowest median rent pricing are Brucetown at $820, Pralltown at $680, and Castlewood at $495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lexington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Brucetown | $820 | $820 | 1 |
| Pralltown | $1,185 | $680 | 6 |
| Castlewood | $1,295 | $495 | 64 |
| Calumet | $1,355 | $715 | 39 |
| Gainesway | $1,512 | $800 | 57 |
| Shriners | $1,525 | $599 | 111 |
| Georgetown | $1,534 | $495 | 70 |
| Beaumont Residential | $1,629 | $715 | 48 |
| Adena Ridge | $1,647 | $854 | 19 |
| St. Martins Village | $1,669 | $495 | 71 |
Cheapest Available Lexington Apartments for Rent
The cheapest available apartment rental in Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes in the Boone Creek neighborhood priced from $685. Caballo Crossing in the Northside Historic Residential neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| Preakness Apartments | P11 | 1BR,1BA | $715 |
| Valleyfield | One Bedroom One Bath | 1BR,1BA | $719 |
| The Dawn Run Apartments | Studio LG | Studio,1BA | $725 |
Best Value Apartments for Rent in Lexington, KY
As of May 01, 2025 the best value apartment in the Lexington area is the $1.11 price per square foot B4 Stanton - 2 Bedroom, 3 Bathroom Model at Hamburg Farms in the in the Liberty Area neighborhood starting from $1,831. The second greatest value Lexington apartment is the 3 Bedroom 2.5 Bathroom Model at Tates Creek Village starting at $1,550 with a $1.03 price per square foot in the Lansdowne neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hamburg Farms | B4 Stanton - 2 Bedroom, 3 Bathroom | 2BR,3BA | $1.11 |
| Tates Creek Village | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
| The Pines | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.07 |
| Alcove at Russell | Three Bedroom | 3BR,2BA | $1.06 |
| Eastland Hills | east2.1 | 2BR,1BA | $0.86 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
| Double Tree Apartments | 1 Bedroom | 1BR,1BA | $1.09 |
| Park Vista | PV1.1 | 1BR,1BA | $1.12 |
| Preakness Apartments | P11 | 1BR,1BA | $1.07 |
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Lexington, KY Area Reviews
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Write a Review
Catrina • 4+ years in Lexington
February 25, 2025Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 1074 Apartments for Rent in Lexington, KY with pricing that ranges from $495 to $6,145. There are also 188 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $680 to $6,500.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $680 to $6,500 with an average monthly rent of $2,637.
How much are larger Three and Four Bedroom Rentals in Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $854 to $6,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $680 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,185.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.