Cheap Apartments for Rent in the Southeast Lexington Neighborhood of Lexington, KY from $500 (139 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southeast Lexington area of Lexington.

500 Ohio St

The Dawn Run Apartments

1318 Highland Park Dr

Eastland Hills

Preakness Apartments

1826 Marietta Dr

Rosetown Apartments

261 Lyndhurst Pl
Southeast Lexington
Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!

The Landing at Lex

1901 Apartment Homes

Raintree Apartments

The Townhomes and Flats At Fontaine

Shorelake Apartments - Recently Remodeled!

Kampus Properties STUDENT HOUSING - 2024-'25

Double Tree Apartments

468 N Limestone
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Tates Creek Crossings

Crescent at Shadeland Apartments

Tates Creek Village

Lansdowne Apartments

Rose Tower Apartments

Richwood Bend - Affordable Housing

Davis Park Station - NOW Leasing!

208 Lakeshore Dr

The Ascent1555 - All Utilities Incl.

Chelsea Apartments

Flats at Turfland

The Studios at Belmont - ALL UTILITIES INCL

Mt. Tabor Apartments

1197 Appian Crossing Way

Senior Housing 55+ - Christian Towers II

Lansdowne Grove

The Axis at 1435

Canter Pointe

Revive 1749 - All Utilities Incl

240-242 E Fourth St

Mount Tabor Townhouses

Barrel Oaks Apartments

EAGLE CREEK TOWNHOMES

The Callaway

Steeplechase Apartments

Creeks on Kirklevington

Patchen Place Apartments
Southeast Lexington, Lexington, KY Local Guide

How much does it cost to rent an apartment in Southeast Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southeast Lexington Studio Apartments | $1,213 | $775 | $2,246 |
Southeast Lexington 1 Bedroom Apartments | $1,298 | $570 | $3,951 |
Southeast Lexington 2 Bedroom Apartments | $1,521 | $694 | $5,938 |
Southeast Lexington 3 Bedroom Apartments | $1,812 | $820 | $6,123 |
Southeast Lexington 4 Bedroom Apartments | $2,366 | $1,700 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 139 rentals with your search options within a 2 mile radius of the Southeast Lexington Neighborhood of Lexington, KY.
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Southeast Lexington, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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Cheapest Available Southeast Lexington Apartments for Rent
 The cheapest available apartment rental in the 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 Southeast Lexington apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cedarwood | The Hampton | 1BR,1BA | $574 |
BelleFontaine Apartment Homes | 0-1 | Studio,1BA | $685 |
The Dawn Run Apartments | Studio MD | Studio,1BA | $690 |
VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
1901 Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $755 |
Raintree Apartments | Willow - A1 | 1BR,1BA | $757 |
The Townhomes and Flats At Fontaine | Studio Flat C | Studio,1BA | $775 |
Preakness Apartments | P21 | 2BR,1BA | $815 |
Brookhaven Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $825 |
Double Tree Apartments | 1 Bedroom | 1BR,1BA | $840 |
Best Value Apartments for Rent in Southeast Lexington, KY
As of April 09, 2025 the best value apartment in the Southeast 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 Southeast Lexington apartment is the 3 Bedroom 2.5 Bathroom Model at Tates Creek Village starting at $1,550 with a $1.03 price per square foot in the Lansdowne neighborhood. Here is today’s list of the best values for Southeast Lexington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
MidTown Apartments | House | 4BR,4BA | $1.08 |
Tates Creek Village | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
The Pines | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.07 |
Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
Preakness Apartments | P21 | 2BR,1BA | $0.88 |
Signature | The Secretariat | 2BR,2BA | $1.13 |
Park Thirty99 | 2 Bedrooms 2 Bathrooms | 2BR,2BA | $1.15 |
Double Tree Apartments | 1 Bedroom | 1BR,1BA | $1.02 |
1901 Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.13 |
Cedarwood | The Bristol | Studio ,1BA | $1.07 |
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.
Pet Friendly LifestyleSoutheast Lexington, Lexington, KY
Ranked #1
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southeast Lexington, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Lexington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Southeast Lexington Apartments
What is a cheap apartment in Southeast Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Lexington is under $840.
What is the price of a cheap apartment in Southeast Lexington?
The cheapest apartment in Southeast Lexington is Cedarwood which is listed at $574, while the average apartment in Southeast Lexington costs $3,345.
What types of apartments are the cheapest in 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 23 regular apartments in 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 Southeast Lexington?
Cheap apartments in Southeast Lexington have an average cost of $1,071 which is $2,274 cheaper than the average rent for all rentals in 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.

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.

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.

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.

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.