Cheap Homes for Rent in Open Gates Neighborhood of Lexington, KY from $600 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Open Gates area of Lexington.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 3573 Laredo Dr

3573 Laredo Dr

LexingtonKY40517

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Lexington's Best Affordable Neighborhoods

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

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
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850

Best Value Apartments for Rent in Open Gates, KY

As of May 13, 2025 the best value apartment in the Open Gates area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Open Gates apartment is the 2 Bedrooms 2 Bathrooms Model at Park Thirty99 starting at $1,031 with a $1.15 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.
Tates Creek Village3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Regency Apartments at SouthlandFurnished Executive Unit - 1B & 2B1BR,1BA$1.57
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
The Colony at the OaksThe Willow1BR,1BA$1.46
The Wellington1 Bedroom1BR,1BA$1.53
Barrel Oaks ApartmentsTimeless One Bedroom with the Willow1BR,1BA$1.47
Chelsea Apartments1 Bedroom1BR,1BA$1.39
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$1.38

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Open Gates

What type of rentals are currently available in Open Gates?

There are currently 183 Apartments for Rent in Open Gates, KY with pricing that ranges from $745 to $2,978. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Open Gates ranging from $680 to $2,950.

What is the current price range for Rental Homes in Open Gates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Open Gates ranges from $680 to $2,950 with an average monthly rent of $1,977.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.