Cheap Apartments for Rent in the Lexington Oaks Neighborhood of Lexington, KY from $500 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lexington Oaks 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

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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
  • Utilities Included

Lexington Oaks

Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!

Lexington Oaks, Lexington, KY Local Guide

Cheapest Available Lexington Oaks Apartments for Rent

 

The cheapest available apartment rental in the Lexington Oaks area of Lexington, KY is a Studio unit found at Harrods Point Apartments - Newly remodeled priced from $899. Ridgewood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Lexington Oaks apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Harrods Point Apartments - Newly remodeledSmall one BedroomStudio,1BA$899
RidgewoodStudioStudio,1BA$899
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$975

Best Value Apartments for Rent in Lexington Oaks, KY

As of March 26, 2025 the best value apartment in the Lexington Oaks 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 Lexington Oaks apartment is the RM-20G Model at rmLexington starting at $1,690 with a $1.43 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Lexington Oaks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsHouse4BR,4BA$1.08
rmLexingtonRM-20G2BR,2BA$1.43
Palomar View Apartments2X22BR,2BA$1.36
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.44
Harrods Point Apartments - Newly remodeled1 Bedroom FULLY RENOVATED1BR,1BA$1.60
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
The Wellington1 Bedroom1BR,1BA$1.53
Beaumont Farms ApartmentsAldebaron1BR,1BA$1.91
The Vue Lexington1 Bed 1 Bath1BR,1BA$1.66
The ElementThe Keeneland1BR,1BA$1.82

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Pet Friendly Lifestyle
Lexington Oaks, Lexington, KY

Ranked #22

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 Lexington Oaks Apartments

What is a cheap apartment in Lexington Oaks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington Oaks is under $1,476.

What is the price of a cheap apartment in Lexington Oaks?

The cheapest apartment in Lexington Oaks is Rivers at Bluegrass which is listed at $975, while the average apartment in Lexington Oaks costs $3,345.

What types of apartments are the cheapest in Lexington Oaks?

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 569 regular apartments in Lexington Oaks 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 Lexington Oaks?

Cheap apartments in Lexington Oaks have an average cost of $1,381 which is $1,964 cheaper than the average rent for all rentals in Lexington Oaks.

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.