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  3. 1 BED, 1 BATH
    $950

    633 Ohio St

    633 Ohio St, Lexington, KY 40508
  4. Building Photo - 123 Montmullin St
    1 BED, 1 BATH
    $1,100
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100
    Required Monthly FeesNone
    Total Monthly Price$1,100

    123 Montmullin St

    123 Montmullin St, Lexington, KY 40508
  13. Building Photo - 120 Clyde St
    3 BEDS, 1 BATH
    $1,450

    120 Clyde St

    120 Clyde St, Lexington, KY 40508
  34. 3 BEDS, 1 BATH
    $1,700

    317 Ross Ave

    317 Ross Ave, Lexington, KY 40508
  41. Building Photo - 702 Della Dr
    3 BEDS, 1 BATH
    $1,750

    702 Della Dr

    702 Della Dr, Lexington, KY 40504
Showing 42 of 116 results, Page 1 of 3

Lexington at a Glance

Average Rent

$1,093
(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 Houses for Rent

Find cheap houses for rent in Lexington with Apartment Finder. Whether you're looking for a two-bedroom home or something more spacious with three-four beds, you want the best place at the right price. We have a great selection of budget-friendly homes for rent, and we'll show you which houses offer the best value in Lexington.

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

Affordability doesn't have to equal sacrifice. While being flexible is important, you might not have to give up as much as you think. You can find a cheap house for rent, complete with must-have amenities such as paid utilities and a garage. 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 116 cheap homes 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
2,432 Students
GreatSchools Rating
Opportunity Middle College

Public High School

Public
Grades 9-12
65 Students
GreatSchools Rating
STEAM Academy

Public High School

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

Public High School

Public
Grades 9-12
2,031 Students
GreatSchools Rating
Frederick Douglass High School

Public High School

Public
Grades 9-12
1,667 Students
GreatSchools Rating
Edythe Jones Hayes Middle School

Public Middle School

Public
Grades 6-8
1,081 Students
GreatSchools Rating
Jessie M Clark Middle School

Public Middle School

Public
Grades 6-8
1,044 Students
GreatSchools Rating
Beaumont Middle School

Public Middle School

Public
Grades 6-8
843 Students
GreatSchools Rating
Morton Middle School

Public Middle School

Public
Grades 6-8
705 Students
GreatSchools Rating
Cassidy Elementary School

Public Elementary School

Public
Grades K-5
654 Students
GreatSchools Rating
Athens-Chilesburg Elementary

Public Elementary School

Public
Grades K-5
533 Students
GreatSchools Rating
Garrett Morgan Elementary

Public Elementary School

Public
Grades K-5
756 Students
GreatSchools Rating
Rosa Parks Elementary School

Public Elementary School

Public
Grades K-5
706 Students

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

Apartments for Rent Near Lexington by Neighborhoods

Apartments for Rent Near Lexington

Lexington Apartments for Rent in Your Budget

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