Cheap Apartments for Rent in the Pralltown Neighborhood of Lexington, KY from $600 (5 Rentals)

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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included

Lexington's Best Affordable Neighborhoods

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

Pralltown, Lexington, KY Local Guide

Cheapest Available Pralltown Apartments for Rent

 

The cheapest available apartment rental in the Pralltown area of Lexington, KY is a 1 Bed unit found at Ferrill Square Apartments - 55+ Community priced from $794. Brookhaven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Pralltown apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$794
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$825
Rose Tower ApartmentsOne Bedroom1BR,1BA$850

Best Value Apartments for Rent in Pralltown, KY

As of March 28, 2025 the best value apartment in the Pralltown area is the $1.20 price per square foot One Bedroom Model at Ferrill Square Apartments - 55+ Community in the in the Downtown Lexington neighborhood starting from $794. The second greatest value Pralltown apartment is the 559 S Limestone Model at 559 S Limestone, Unit 202 starting at $1,500 with a $2.31 price per square foot in the Aylesford Place neighborhood. Here is today’s list of the best values for Pralltown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.20
559 S Limestone, Unit 202559 S Limestone2BR,1BA$2.31
Chelsea Apartments1 Bedroom1BR,1BA$1.39
Brookhaven Apartments1 Bedroom/1 Bath1BR,1BA$1.38
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89

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Getting Around the Pralltown Neighborhood in Lexington, KY

Walk Score®

77 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

78 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Pralltown Apartments

What is the price of a cheap apartment in Pralltown?

The cheapest apartment in Pralltown is Ferrill Square Apartments - 55+ Community which is listed at $794, while the average apartment in Pralltown costs $1,185.

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.

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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.