Cheap Apartments for Rent in the Southland Park Neighborhood of Lexington, KY from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southland Park area of Lexington.

Flats at Turfland

The Studios at Belmont - ALL UTILITIES INCL
Southland Park
Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!

750 Shaker Dr
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
Southland Park, Lexington, KY Local Guide

How much does it cost to rent an apartment in Southland Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southland Park Studio Apartments | $1,256 | $895 | $1,755 |
Southland Park 1 Bedroom Apartments | $1,086 | $570 | $1,795 |
Southland Park 2 Bedroom Apartments | $1,477 | $995 | $1,950 |
Southland Park 3 Bedroom Apartments | $1,638 | $1,345 | $1,799 |
Southland Park 4 Bedroom Apartments | $2,366 | $1,700 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Southland Park Neighborhood of Lexington, KY.
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Southland Park, Lexington, KY Local Guide
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Cheapest Available Southland Park Apartments for Rent
 The cheapest available apartment rental in the Southland Park area of Lexington, KY is a Studio unit found at The Studios at Belmont - ALL UTILITIES INCL priced from $895. Regency Apartments at Southland has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Southland Park apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Studios at Belmont - ALL UTILITIES INCL | Studio | Studio,1BA | $895 |
Regency Apartments at Southland | Two Bedroom/One Bath | 2BR,1BA | $995 |
The Vue Lexington | 1 Bed 1 Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Southland Park, KY
As of April 14, 2025 the best value apartment in the Southland Park 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 Southland Park apartment is the The Fritz Model at The Alexandra starting at $1,199 with a $1.43 price per square foot in the Rabbit Run neighborhood. Here is today’s list of the best values for Southland Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
MidTown Apartments | House | 4BR,4BA | $1.08 |
The Alexandra | The Fritz | 2BR,1BA | $1.43 |
Belmont Run Apartments | Two Bedroom | 2BR,1BA | $1.41 |
Regency Apartments at Southland | Furnished Executive Unit - 1B & 2B | 1BR,1BA | $1.57 |
Beaumont Farms Apartments | Aldebaron | 1BR,1BA | $1.91 |
Studios340 - All Inclusive Pricing | One Bedrooms | 1BR,1BA | $2.72 |
The Vue Lexington | 1 Bed 1 Bath | 1BR,1BA | $1.66 |
1729 Midtown (Pre-Leasing for June 2025) | One Bedroom A | 1BR,1BA | $2.65 |
The Studios at Belmont - ALL UTILITIES INCL | Studio | Studio ,1BA | $2.84 |
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Pet Friendly LifestyleSouthland Park, Lexington, KY
Ranked #50
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Southland Park, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Southland Park Apartments
What is the price of a cheap apartment in Southland Park?
The cheapest apartment in Southland Park is Regency Apartments at Southland which is listed at $995, while the average apartment in Southland Park costs $3,345.
What types of apartments are the cheapest in Southland Park?
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 2 regular apartments in Southland Park 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 Southland Park?
Cheap apartments in Southland Park have an average cost of $1,385 which is $1,960 cheaper than the average rent for all rentals in Southland Park.
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.