Cheap Apartments for Rent in the South Lexington Neighborhood of Lexington, KY from $500 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Lexington area of Lexington.

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2173 Cypress Dr
from $6901 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
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1356 Royalty Ct
from $7151 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
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Medical View Properties
from $7851 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
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Bluegrass Commons
from $795Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
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University Flats
from $1,0162 to 4 Bedroom Apartments

University Flats

1160 University DrLexington, KY 40526
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Medical Villas
from $1,0251 Bedroom Apartments

Medical Villas

180 Leader AveLexington, KY 40508
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Showing Results 1-37, Page 1 of 1

South Lexington, Lexington, KY Local Guide

Cheapest Available South Lexington Apartments for Rent

 

The cheapest available apartment rental in the South Lexington area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Lansdowne Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable South Lexington apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Chelsea Apartments1 Bedroom1BR,1BA$895
Harrods Point Apartments - Newly remodeledSmall one BedroomStudio,1BA$899
Lansdowne Grove1 Bedroom 1 Bathroom Premium1BR,1BA$900
Barrel Oaks ApartmentsWillow1BR,1BA$929
The Studios at BelmontStudioStudio,1BA$935
RidgewoodOne Bedroom One Bath1BR,1BA$944
The Colony at the OaksThe Willow1BR,1BA$953
The Callaway1 Bedroom Traditional1BR,1BA$960

Best Value Apartments for Rent in South Lexington, KY

As of January 07, 2025 the best value apartment in the South Lexington area is the $1.24 price per square foot RM-20G Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,460. The second greatest value South Lexington apartment is the 2X2 Model at Palomar View Apartments starting at $1,476 with a $1.36 price per square foot in the Stonewall Community neighborhood. Here is today’s list of the best values for South Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
rmLexingtonRM-20G2BR,2BA$1.24
Palomar View Apartments2X22BR,2BA$1.36
Saddle Run TownhomesGuadalupe2BR,1.5BA$1.09
Limestone Square/Medical Villas3 Bedroom3BR,2BA$0.78
The Vue Lexington2 Bed 1 Bath2BR,1BA$1.31
The Colony at the OaksThe Willow1BR,1BA$1.27
The August2 BD 1 BA2BR,1BA$1.35
The Callaway1 Bedroom Traditional1BR,1BA$1.40
Barrel Oaks ApartmentsWillow1BR,1BA$1.41
Chelsea Apartments1 Bedroom1BR,1BA$1.39

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Best Local Schools in
South Lexington, Lexington, KY

School data provided by Great Schools

Best Local Schools in
South Lexington, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Southwestern Lexington, KY. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the South Lexington Neighborhood in Lexington, KY

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 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 South Lexington Apartments

What is the Cheapest Studio apartment in South Lexington?

Currently the most affordable Cheap Studio Apartment in South Lexington is at Harrods Point Apartments - Newly remodeled listed at $899.

How much is rent for a Cheap One Bedroom South Lexington Apartment?

The lowest price for a Cheap One Bedroom South Lexington Apartment is $610 at MidTown Apartments.

What is the lowest price for a Cheap Two Bedroom South Lexington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Lexington is starting from $995 at Regency Apartments at Southland.

What is the most affordable South Lexington Three Bedroom Apartment?

The best deal on a cheap South Lexington Three Bedroom Apartment rental is at The August and starts from $1,135.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.