Cheap Apartments for Rent in the Speigle Heights Neighborhood of Lexington, KY from $500 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Speigle Heights 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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property at 468 N Limestone

468 N Limestone

LexingtonKY40508

Speigle Heights

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

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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
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2173 Cypress Dr
1 Bedroom Apartments

2173 Cypress Dr

2173 Cypress DrLexington, KY 40504
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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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1356 Royalty Ct
1 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508
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St Martin Villa
1 to 2 Bedroom Apartments

St Martin Villa

412-422 Lima DrLexington, KY 40511
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Oxford Circle
1 Bedroom Apartments

Oxford Circle

1805 Oxford CirLexington, KY 40504
Showing Results 1-50, Page 1 of 2

Speigle Heights, Lexington, KY Local Guide

Cheapest Available Speigle Heights Apartments for Rent

 

The cheapest available apartment rental in the Speigle Heights 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 Speigle Heights 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
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$794
Twenty Two Twenty2 Bedrooms, 1.5 Bathrooms2BR,1BA$805
Crystal GardensCG 1.11BR,1BA$810
Park VistaPV1.11BR,1BA$829
Cambridge Park1 Bedroom 1 Bath1BR,1BA$850
Rose Tower ApartmentsOne Bedroom1BR,1BA$850
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$860
The Studios at BelmontStudioStudio,1BA$895

Best Value Apartments for Rent in Speigle Heights, KY

As of March 29, 2025 the best value apartment in the Speigle Heights 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 Speigle Heights 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 Speigle Heights 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
Cambridge Park1 Bedroom 1 Bath1BR,1BA$1.26
Ferrill Square Apartments - 55+ CommunityOne Bedroom1BR,1BA$1.20
The Crossings Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.38
Crystal GardensCG 1.11BR,1BA$1.40

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.

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Pet Friendly Lifestyle
Speigle Heights, Lexington, KY

Ranked #8

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Speigle Heights, Lexington, KY

School data provided by Great Schools

Best Local Schools in
Speigle Heights, Lexington, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Lexington. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendly amenities, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Speigle Heights Neighborhood in Lexington, KY

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

56 / 100

Good Transit

Many 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 Speigle Heights Apartments

What is a cheap apartment in Speigle Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Speigle Heights is under $895.

What is the price of a cheap apartment in Speigle Heights?

The cheapest apartment in Speigle Heights is VELO - Waller Avenue which is listed at $745, while the average apartment in Speigle Heights costs $3,345.

What types of apartments are the cheapest in Speigle Heights?

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 26 regular apartments in Speigle Heights 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 Speigle Heights?

Cheap apartments in Speigle Heights have an average cost of $1,304 which is $2,041 cheaper than the average rent for all rentals in Speigle Heights.

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.