Cheap Apartments for Rent in the Joyland Neighborhood of Lexington, KY from $500 (24 Rentals)

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

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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Lexington's Best Affordable Neighborhoods

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

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 MidTown Apartments priced from $610. Caballo Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Joyland apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
MidTown ApartmentsBedroom1BR,1BA$610
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$854
The Dawn Run Apartments2x1 SM2BR,1BA$900
The Ascent1555Renovated StudioStudio,1BA$925

Best Value Apartments for Rent in Joyland, KY

As of May 10, 2025 the best value apartment in the Joyland area is the $1.06 price per square foot Three Bedroom Model at Alcove at Russell in the in the Winburn neighborhood starting from $1,376. The second greatest value Joyland apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 price per square foot in the Northside Historic Residential 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.
Alcove at RussellThree Bedroom3BR,2BA$1.06
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
The Dawn Run Apartments2x1 SM2BR,1BA$1.06
The Paddock ApartmentsOne Bedroom1BR,1BA$1.32
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.29
Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1.66
193 N Limestone, Unit 193 N Limestone Apt 3193 N Limestone1BR,1BA$2.50
FIFTEEN51 Apartments of LexingtonBarrelStudio ,1BA$2.49
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.25
MidTown ApartmentsWoodland1BR,1BA$2.52

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Pet Friendly Lifestyle
Joyland, Lexington, KY

Ranked #76

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 $1,195.

What is the price of a cheap apartment in Joyland?

The cheapest apartment in Joyland is MidTown Apartments which is listed at $610, 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 18 regular apartments in Joyland 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.

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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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.