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Cheap Apartments for Rent in Lexington, KY

2,835 Rentals
.
  23. Building Photo - 424 Aylesford Pl
    STUDIO, 1 BATH
    $780
    Total Monthly Price Total Monthly Price New
    Base Rent$780
    Required Monthly FeesNone
    Total Monthly Price$780

    424 Aylesford Pl Unit #7

    424 Aylesford Pl, Lexington, KY 40508
  28. 2 BEDS
    $1,295+
    3 BEDS
    $1,314+
    4 BEDS
    $799+

    Hub Limestone

    685 S Limestone, Lexington, KY 40508
  30. Building Photo - Matador North Apartments
    STUDIO
    $800+
    1 BED
    $934+
    2 BEDS
    $1,034+
    3 BEDS
    $1,325+
    Total Monthly Price Total Monthly Price New
    Base Rent$800 - $1,325
    Required Monthly FeesNone
    Total Monthly Price$800 - $1,325

    Matador North Apartments

    1053 Winburn Dr, Lexington, KY 40511
    (855) 393-2487
  40. Interior Photo - Park Vista
    1 BED
    $829+
    2 BEDS
    $915+

    Park Vista

    1270 Village Dr, Lexington, KY 40504
Showing 42 of 433 results, Page 1 of 11

Lexington at a Glance

Average Rent

$1,088
(All bedrooms and property types)
Learn more about
Average Rent in Lexington
8

School Rating

out of 10 Rating
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Schools in Lexington

Lexington, KY Cheap Apartments for Rent

When looking for cheap apartments in Lexington, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Lexington.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 433 cheap apartments available in Lexington Apartment Finder is the place to find your next rental.

Renting in Lexington

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lexington

(For 1 bedroom apartments)

Education

Public University
Private University
Private University
Public University
Public University
GreatSchools Rating
Lafayette High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Opportunity Middle College

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
STEAM Academy

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Henry Clay High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Frederick Douglass High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Edythe Jones Hayes Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Jessie M Clark Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Morton Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Beaumont Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Athens-Chilesburg Elementary

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Cassidy Elementary School

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Ashland Elementary School

Public Elementary School

Public
Grades K-5
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Lexington

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