
Cheap Apartments for Rent in the Meadowthorpe Neighborhood of Lexington, KY from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meadowthorpe area of Lexington.


Oakdale Apartments

Kearney Ridge - Affordable Housing

Westchester on the Circle - NO VACANCY

Artek Lofts

Meadowthorpe Landing - Senior Housing
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
Meadowthorpe, Lexington, KY Local Guide

How much does it cost to rent an apartment in Meadowthorpe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Meadowthorpe 1 Bedroom Apartments | $1,070 | $740 | $1,425 |
Meadowthorpe 2 Bedroom Apartments | $1,188 | $875 | $1,800 |
Meadowthorpe 3 Bedroom Apartments | $1,245 | $1,240 | $1,250 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Meadowthorpe Neighborhood of Lexington, KY.
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Meadowthorpe, Lexington, KY Local Guide
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Cheapest Available Meadowthorpe Apartments for Rent
 The cheapest available apartment rental in the Meadowthorpe area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Kearney Ridge - Affordable Housing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,033. Here are the most affordable Meadowthorpe apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
Kearney Ridge - Affordable Housing | Two Bedroom One Bath | 2BR,2BA | $1,033 |
Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Meadowthorpe, KY
As of March 22, 2025 the best value apartment in the Meadowthorpe area is the $1.17 price per square foot Three Bedroom Two Bathroom Model at Kearney Ridge - Affordable Housing in the in the Highlands neighborhood starting from $1,240. The second greatest value Meadowthorpe apartment is the 1 Bed, 1 Bath Flat Model at Artek Lofts starting at $1,125 with a $2.25 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Meadowthorpe apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kearney Ridge - Affordable Housing | Three Bedroom Two Bathroom | 3BR,2BA | $1.17 |
Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.25 |
VELO - Waller Avenue | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $3.34 |
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Pet Friendly LifestyleMeadowthorpe, Lexington, KY
Ranked #83
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lexington. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Getting Around the Meadowthorpe Neighborhood in Lexington, KY
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Meadowthorpe Apartments
What is the price of a cheap apartment in Meadowthorpe?
The cheapest apartment in Meadowthorpe is VELO - Waller Avenue which is listed at $745, while the average apartment in Meadowthorpe costs $1,245.
What types of apartments are the cheapest in Meadowthorpe?
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 30 regular apartments in Meadowthorpe 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 Meadowthorpe?
Cheap apartments in Meadowthorpe have an average cost of $735 which is $510 cheaper than the average rent for all rentals in Meadowthorpe.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.