Cheap Apartments for Rent in the Open Gates Neighborhood of Lexington, KY from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Open Gates 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
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Malabu Bridge Condos
1 Bedroom Apartments

Malabu Bridge Condos

828 Malabu DrLexington, KY 40502
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1356 Royalty Ct
1 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
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Showing Results 1-27, Page 1 of 1

Open Gates, Lexington, KY Local Guide

Cheapest Available Open Gates Apartments for Rent

 

The cheapest available apartment rental in the Open Gates area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Brookhaven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Open Gates apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Chelsea Apartments1 Bedroom1BR,1BA$895
Lansdowne Grove1 Bedroom 1 Bathroom Classic1BR,1BA$900
Barrel Oaks ApartmentsWillow1BR,1BA$929
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$975
Regency Apartments at SouthlandTwo Bedroom/One Bath2BR,1BA$995
The Vue Lexington1 Bed 1 Bath1BR,1BA$995

Best Value Apartments for Rent in Open Gates, KY

As of March 25, 2025 the best value apartment in the Open Gates area is the $0.79 price per square foot 132 Greenbriar Rd Model at 132 Greenbriar Rd in the in the Montclair neighborhood starting from $1,900. The second greatest value Open Gates 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 Open Gates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
132 Greenbriar Rd132 Greenbriar Rd4BR,2BA$0.79
rmLexingtonRM-20G2BR,2BA$1.43
Limestone Square/Medical Villas3 Bedroom3BR,2BA$0.86
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.22
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.44
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
Barrel Oaks ApartmentsWillow1BR,1BA$1.41
Chelsea Apartments1 Bedroom1BR,1BA$1.39
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$1.37
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$1.38

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Pet Friendly Lifestyle
Open Gates, Lexington, KY

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Open Gates, Lexington, KY

School data provided by Great Schools

Best Local Schools in
Open Gates, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Lexington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Open Gates Neighborhood in Lexington, KY

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 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 Open Gates Apartments

What is a cheap apartment in Open Gates?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Open Gates is under $995.

What is the price of a cheap apartment in Open Gates?

The cheapest apartment in Open Gates is VELO - Waller Avenue which is listed at $745, while the average apartment in Open Gates costs $1,900.

What types of apartments are the cheapest in Open Gates?

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 546 regular apartments in Open Gates 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 Open Gates?

Cheap apartments in Open Gates have an average cost of $612 which is $1,288 cheaper than the average rent for all rentals in Open Gates.

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.