
Cheap Apartments for Rent in the 40502 ZIP Code of Lexington, KY from $300 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the 40502 ZIP Code area of Lexington.


Shorelake Apartments - Recently Remodeled!

Crescent at Shadeland Apartments

Lansdowne Apartments

208 Lakeshore Dr

209 Lakeshore Dr

Life at Lexington

MAA Lakepointe

The Reserve At Merrick

Lakewood Park Apartments

312 Lincoln Ave

Woodland Park Apartments - UTILITIES INCLUDED

Cedarwood

261 Lyndhurst Pl

Kampus Properties STUDENT HOUSING - 2024-'25

Rose Tower Apartments

Tates Creek Village

Chelsea Apartments

The Studios at Belmont

Mt. Tabor Apartments

The Axis at 1435

Revive 1749 - All Utilities Incl

Mount Tabor Townhouses

Barrel Oaks Apartments

Patchen Place Apartments

Rivers at Bluegrass

Gatehouse Apartments - Most Utl Incl.

The Studios at Patchen - FREE Utilities

Patchen Oaks

Belmont Run Apartments

The Colony at the Oaks

127 Gazette Ave, Unit 1

Studios340 - All Inclusive Pricing

Gateway Lofts Lexington

1729 Midtown (Pre-Leasing for June 2025)

260 Lexington Ave
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40502?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
40502 Studio Apartments | $1,204 | $635 | $2,149 |
40502 1 Bedroom Apartments | $1,244 | $570 | $4,732 |
40502 2 Bedroom Apartments | $1,502 | $850 | $5,299 |
40502 3 Bedroom Apartments | $1,511 | $820 | $1,759 |
40502 4 Bedroom Apartments | $2,261 | $1,500 | $2,700 |
Browse Apartments in the 40502 Zip Code of Lexington
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Frequently Asked Questions about Cheap the 40502 ZIP Code Apartments
What is the Cheapest Studio apartment in 40502?
Currently the most affordable Cheap Studio Apartment in 40502 is at The Park at Forestdale listed at $606.
How much is rent for a Cheap One Bedroom 40502 Apartment?
The lowest price for a Cheap One Bedroom 40502 Apartment is $660 at The Park at Forestdale.
What is the lowest price for a Cheap Two Bedroom 40502 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40502 is starting from $517 at Greenleaf Apartments.
What is the most affordable 40502 Three Bedroom Apartment?
The best deal on a cheap 40502 Three Bedroom Apartment rental is at Northbrook and starts from $1,334.
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.