
Cheap Apartments for Rent in the Speigle Heights Neighborhood of Lexington, KY from $500 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Speigle Heights area of Lexington.


Victory Point Apartments & Townhomes

358 E 2nd St

Preakness Apartments

Rosetown Apartments

261 Lyndhurst Pl

Meadowthorpe Landing - Senior Housing

1023 N Broadway

1901 Apartment Homes
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Ferrill Square Apartments - 55+ Community

Kampus Properties STUDENT HOUSING - 2024-'25

Twenty Two Twenty

Crystal Gardens

468 N Limestone

Park Vista

Parkside Apts - Coming Soon!

Rose Tower Apartments

2157 Cypress Dr
Speigle Heights
Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!

2151 Cypress Dr

1081 Cross Keys Rd

The Crossings Apartment Homes

Davis Park Station - NOW Leasing!

The Studios at Belmont

Flats at Turfland

Senior Housing 55+ - Christian Towers II

Westchester on the Circle - NO VACANCY

925 N Broadway

The Axis at 1435

240-242 E Fourth St

1969 Cambridge Dr

The Vue Lexington

1992 Fair Oaks Dr

1133 Kees Rd

Cross Keys & Woodridge Apartments
Speigle Heights, Lexington, KY Local Guide

How much does it cost to rent an apartment in Speigle Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Speigle Heights Studio Apartments | $1,347 | $680 | $2,149 |
Speigle Heights 1 Bedroom Apartments | $1,314 | $570 | $4,732 |
Speigle Heights 2 Bedroom Apartments | $1,384 | $800 | $3,000 |
Speigle Heights 3 Bedroom Apartments | $1,541 | $820 | $5,992 |
Speigle Heights 4 Bedroom Apartments | $2,075 | $1,185 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the Speigle Heights Neighborhood of Lexington, KY.
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Speigle Heights, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
1901 Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $755 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $794 |
Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1BA | $805 |
Crystal Gardens | CG 1.1 | 1BR,1BA | $810 |
Park Vista | PV1.1 | 1BR,1BA | $829 |
Cambridge Park | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $860 |
The Studios at Belmont | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
MidTown Apartments | House | 4BR,4BA | $1.08 |
Signature | The Secretariat | 2BR,2BA | $1.13 |
Thoroughbred Crossing | 2 Bedroom Garden floor | 2BR,1BA | $1.22 |
Twenty Two Twenty | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.95 |
1901 Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.13 |
Park Vista | PV1.1 | 1BR,1BA | $1.12 |
Cambridge Park | 1 Bedroom 1 Bath | 1BR,1BA | $1.26 |
Ferrill Square Apartments - 55+ Community | One Bedroom | 1BR,1BA | $1.20 |
The Crossings Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.38 |
Crystal Gardens | CG 1.1 | 1BR,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.
Pet Friendly LifestyleSpeigle Heights, Lexington, KY
Ranked #8
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.

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.