Cheap Apartments for Rent in the Outer Southeast Lexington Neighborhood of Lexington, KY from $500 (82 Rentals)

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

Outer Southeast Lexington, Lexington, KY Local Guide

Cheapest Available Outer Southeast Lexington Apartments for Rent

 

The cheapest available apartment rental in the Outer Southeast Lexington area of Lexington, KY is a 1 Bed unit found at Cedarwood priced from $574. BelleFontaine Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Outer Southeast Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
CedarwoodThe Hampton1BR,1BA$574
BelleFontaine Apartment Homes0-1Studio,1BA$685
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Flats at FontaineBuilding CStudio,1BA$775
Barrel Oaks ApartmentsBOA 2/1.5 Signature Unit (Scarlett)2BR,1BA$800
Breckinridge CourtStudio 460 sf (st2)1BR,1BA$810
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825
Crescent at Shadeland Apartments0BR/1.0BAStudio,1BA$849
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850

Best Value Apartments for Rent in Outer Southeast Lexington, KY

As of April 12, 2025 the best value apartment in the Outer Southeast Lexington area is the $1.22 price per square foot Maple Model at Life at Lexington in the in the Montclair neighborhood starting from $1,400. The second greatest value Outer Southeast Lexington apartment is the Three Bedroom Model at Richwood Bend - Affordable Housing starting at $1,250 with a $1.09 price per square foot in the Boone Creek neighborhood. Here is today’s list of the best values for Outer Southeast Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Life at LexingtonMaple3BR,2BA$1.22
Richwood Bend - Affordable HousingThree Bedroom3BR,2BA$1.09
Squire Mill Town Homes2 Bedroom Townhomes2BR,2BA$1.18
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1.5BA$1.14
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
The Callaway1 Bedroom Premium1BR,1BA$1.20
The Champions at BluegrassSeattle Slew1BR,1BA$1.30
Brandywine1 Bed1BR,1BA$1.20
Rivers at BluegrassRenovated 1 Bed / 1 Bath1BR,1BA$1.30
CedarwoodThe BristolStudio ,1BA$1.07

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Pet Friendly Lifestyle
Outer Southeast Lexington, Lexington, KY

Ranked #3

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

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Outer Southeast Lexington, Lexington, and the greater Lexington area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Outer Southeast Lexington Apartments

What is a cheap apartment in Outer Southeast Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Southeast Lexington is under $850.

What is the price of a cheap apartment in Outer Southeast Lexington?

The cheapest apartment in Outer Southeast Lexington is Cedarwood which is listed at $574, while the average apartment in Outer Southeast Lexington costs $3,345.

What types of apartments are the cheapest in Outer Southeast Lexington?

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 8 regular apartments in Outer Southeast Lexington 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 Outer Southeast Lexington?

Cheap apartments in Outer Southeast Lexington have an average cost of $1,245 which is $2,100 cheaper than the average rent for all rentals in Outer Southeast Lexington.

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.