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Showing all results in Lexington, KY.

Houses under $700 for Rent in Lexington, KY

3,058 Rentals
  1. Price Drop. $128 Off
    1 BED
    $972+
    2 BEDS
    $1,011+
    3 BEDS
    $1,325+
    Total Monthly Price Total Monthly Price New
    Base Rent$954 - $1,614
    Required Monthly Fees$18
    Total Monthly Price$972 - $1,632

    The Champion at Bluegrass Apartments

    300 Quinton Ct, Lexington, KY 40509
    (859) 407-6579
  2. Pool - Kearney Ridge - Affordable Housing
    Exceptional Value
    1 BED
    $885+
    2 BEDS
    $1,050+
    3 BEDS
    $1,260+
    Total Monthly Price Total Monthly Price New
    Base Rent$885 - $1,260
    Required Monthly FeesNone
    Total Monthly Price$885 - $1,260

    Kearney Ridge - Affordable Housing

    2559 Kearney Ridge Blvd, Lexington, KY 40511
    (859) 800-7581
  3. Exceptional Value
    |
    1 BED
    $1,325+
    2 BEDS
    $1,525+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,325 - $1,625
    Required Monthly FeesNone
    Total Monthly Price$1,325 - $1,625

    Ashton Park Apartments

    2700 Magnolia Springs Dr, Lexington, KY 40511
    (859) 785-8952
  4. Exceptional Value
    STUDIO
    $1,189+
    1 BED
    $1,238+
    2 BEDS
    $1,536+
    3 BEDS
    $1,765+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,189 - $1,936
    Required Monthly FeesNone
    Total Monthly Price$1,189 - $1,936

    Emerald Twenty Four

    1024 Greendale Rd, Lexington, KY 40511
    (859) 800-6173
  5. Exceptional Value
    |
    1 BED
    $1,409+
    2 BEDS
    $1,509+
    3 BEDS
    $1,809+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,319 - $1,759
    Required Monthly Fees$90
    Total Monthly Price$1,409 - $1,849

    Lakewood Park Apartments

    495 Laketower Dr, Lexington, KY 40502
    (859) 963-2296
  6. 1 bedroom apartments - Southern Oaks Apartments - Income Restricted
    Exceptional Value
    1 BED
    $1,050+
    2 BEDS
    $1,055+
    3 BEDS
    $1,395+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,050 - $1,395
    Required Monthly FeesNone
    Total Monthly Price$1,050 - $1,395

    Southern Oaks Apartments - Income Restricted

    174 Fairfax Way, Georgetown, KY 40324
  7. Interior Photo - Alcove at Russell
    Good Value
    1 BED
    $1,075+
    2 BEDS
    $1,290+
    3 BEDS
    $1,488+

    Alcove at Russell

    750 Ward Dr, Lexington, KY 40511
  8. Building Photo - Gleneagles
    Good Value
    1 BED
    $992+
    2 BEDS
    $1,193+
    3 BEDS
    $1,372+

    Gleneagles

    2920 Polo Club Blvd, Lexington, KY 40509
  9. Good Value
    |
    1 BED
    $1,206+
    2 BEDS
    $1,478+
    3 BEDS
    $1,805+
    4 BEDS
    $1,845+
    Total Monthly Price Total Monthly Price New
    Base Rent$999 - $2,164
    Required Monthly FeesNone
    Total Monthly Price$1,206 - $2,164

    Amerson Orchard Apartments

    102 Amerson Orchard Rd, Georgetown, KY 40324
    (502) 427-7044
  10. Building Photo - Preserve Lexington
    Good Value
    1 BED
    $1,021+
    2 BEDS
    $1,566+
    3 BEDS
    $1,879+

    Preserve Lexington

    845 Red Mile Rd, Lexington, KY 40504
  11. Good Value
    |
    STUDIO
    $1,279+
    1 BED
    $1,439+
    2 BEDS
    $1,756+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,279 - $3,695
    Required Monthly FeesNone
    Total Monthly Price$1,279 - $2,486

    Park Plaza Apartments

    120 E Main St, Lexington, KY 40507
    (859) 407-7440

Living & Renting in Lexington

Lexington at a Glance

Average Rent

$1,106
(All bedrooms and property types)
Learn more about
Average Rent in Lexington
8

School Rating

out of 10 Rating
Learn more about
Schools in Lexington

Lexington, KY Houses for Rent

Known as the "Horse Capital of the World," Lexington is home to hundreds of horse farms, the Kentucky Horse Park, and famous race courses like Keeneland and The Red Mile. Those looking for apartments for rent in Lexington will find a city that balances its rich equestrian heritage with a forward-thinking atmosphere, thanks partly to the University of Kentucky, Transylvania University, and Bluegrass Community and Technical College. As Kentucky's second-largest city with over 320,000 residents, Lexington feels welcoming and accessible while offering big-city amenities.

Renting in Lexington works for many different budgets, with one-bedroom apartments averaging around $1,074 per month. Neighborhoods like Chevy Chase feature historic bungalows and tree-lined streets, while downtown offers modern apartment communities within walking distance of local boutiques, coffee shops, and entertainment spots like Rupp Arena and Central Bank Center. The city provides easy access to shopping destinations including Fayette Mall, Kentucky's largest mall, plus plenty of parks and trails for outdoor activities. Getting around is simple with major highways like I-75 and the Bluegrass Parkway connecting Lexington to other regional cities.

Why Lexington?

  • The Kentucky Bourbon Trail consists of six historic distilleries, each offering tours and tasting.
  • Lexington is home to the University of Kentucky, Transylvania University, and Bluegrass Community and Technical College.
  • The Kentucky Horse Park opened in 1978 and features several horse sculptures and a twice-daily Parade of Breeds.
  • Founded in 1775, Lexington is home to beautiful historic sites and districts, such as downtown’s Victorian Square.
  • Lexington has a strong economy and is home to many major companies, such as Tempur-Pedic, Amazon.com, and Lexmark International.
  • The Festival of the Bluegrass, held annually in June, is the oldest bluegrass music festival in Kentucky.

Renting in Lexington

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lexington

(For 1 bedroom apartments)

Education

Public University
Private University
Public University
Public University
GreatSchools Rating

Public High School

Public
Grades 9-12
2,297 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
93 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
422 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,888 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,782 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,109 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
992 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
735 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
738 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
685 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
647 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
619 Students

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

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