Cheap Apartments for Rent in the Joyland Neighborhood of Lexington, KY from $500 (25 Rentals)

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

Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

property at 468 N Limestone

468 N Limestone

LexingtonKY40508
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Hartford Place
Studio to 2 Bedroom Apartments

Hartford Place

1598 Martha CtLexington, KY 40505
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Heritage Hills
1 to 2 Bedroom Apartments

Heritage Hills

1708 Jennifer RdLexington, KY 40505
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Parkway Manor
1 to 3 Bedroom Apartments

Parkway Manor

431 Rogers RdLexington, KY 40505
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Derby Pointe
1 to 2 Bedroom Apartments

Derby Pointe

1218 Winburn DrLexington, KY 40511
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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VALORE AT THE BAXTER
1 Bedroom Apartments

VALORE AT THE BAXTER

1597 Martha CtLexington, KY 40505
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The Lex
Studio to 4 Bedroom Apartments

The Lex

521 S BroadwayLexington, KY 40508
Student Housing
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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
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Joyland, Lexington, KY Local Guide

Cheapest Available Joyland Apartments for Rent

 

The cheapest available apartment rental in the Joyland area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. The Dawn Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Joyland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
The Dawn Run ApartmentsStudio SMStudio,1BA$790
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$794
The Ascent1555 - All Utilities Incl.Renovated One Bedroom1BR,1BA$995
Trifecta on Red Mile: MAJOR RenovationsOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Joyland, KY

As of March 28, 2025 the best value apartment in the Joyland area is the $1.08 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,700. The second greatest value Joyland apartment is the Three Bedroom Model at Alcove at Russell starting at $1,376 with a $1.06 price per square foot in the Winburn neighborhood. Here is today’s list of the best values for Joyland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsHouse4BR,4BA$1.08
Alcove at RussellThree Bedroom3BR,2BA$1.06
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$0.93
FIFTEEN51 ApartmentsBlend1BR,1BA$2.07
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.20
Trifecta on Red Mile: MAJOR RenovationsOne Bedroom1BR,1BA$1.68
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.25
The Ascent1555 - All Utilities Incl.Renovated One Bedroom1BR,1BA$2.09
Park Plaza ApartmentsMaxwellStudio ,1BA$2.93
The Dawn Run ApartmentsStudio SMStudio ,1BA$2.68

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Joyland, Lexington, KY

Ranked #51

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Kentucky and customized analysis for North Central Lexington, KY. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Joyland Neighborhood in Lexington, KY

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Joyland Apartments

What is a cheap apartment in Joyland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Joyland is under $1,376.

What is the price of a cheap apartment in Joyland?

The cheapest apartment in Joyland is Caballo Crossing which is listed at $700, while the average apartment in Joyland costs $3,345.

What types of apartments are the cheapest in Joyland?

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 12 regular apartments in Joyland 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 Joyland?

Cheap apartments in Joyland have an average cost of $1,294 which is $2,051 cheaper than the average rent for all rentals in Joyland.

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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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.