Cheap Homes for Rent in Outer West Lexington Neighborhood of Lexington, KY from $700 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Outer West 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

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Outer West Lexington, Lexington, KY Local Guide

Cheapest Available Outer West Lexington Apartments for Rent

 

The cheapest available apartment rental in the Outer West Lexington area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. 1901 Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Outer West Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
1901 Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$755
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Crystal GardensCG 1.11BR,1BA$810
Park VistaPV1.11BR,1BA$829

Best Value Apartments for Rent in Outer West Lexington, KY

As of March 29, 2025 the best value apartment in the Outer West Lexington 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 Outer West Lexington apartment is the The Secretariat Model at Signature starting at $1,040 with a $1.13 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for Outer West Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsHouse4BR,4BA$1.08
SignatureThe Secretariat2BR,2BA$1.13
Thoroughbred Crossing2 Bedroom Garden floor2BR,1BA$1.22
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.95
1901 Apartment Homes2 Bedrooms, 1 Bathroom2BR,1BA$1.13
Park VistaPV1.11BR,1BA$1.12
Ashland Apartments - NEW Renovations2 Bedroom 1 Bath2BR,1BA$1.41
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
Crystal GardensCG 1.11BR,1BA$1.40

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Frequently Asked Questions about Outer West Lexington

What type of rentals are currently available in Outer West Lexington?

There are currently 216 Apartments for Rent in Outer West Lexington, KY with pricing that ranges from $570 to $5,992. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer West Lexington ranging from $720 to $3,500.

What is the current price range for Rental Homes in Outer West Lexington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer West Lexington ranges from $720 to $3,500 with an average monthly rent of $1,973.

How much are larger Three and Four Bedroom Rentals in Outer West Lexington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer West Lexington range from $973 to $5,992, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $1,220.

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.