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cheap apartments
Last updated December 5 2019 at 7:58 PM

39 Cheap Apartments for rent in Lexington, KY

Verified
Last updated December 5 at 06:54pm
10 Units Available
Cedarwood Apartments
180 Codell Dr, Lexington, KY
Studio
Ask
1 Bedroom
$574
576 sqft
2 Bedrooms
$694
864 sqft
Cedarwood Apartments invites you to live life on your own terms. Our community has several home, community, and location advantages.
Verified
Last updated December 5 at 06:53pm
Eastland Parkway
32 Units Available
Bourbon Court
1800 Augusta Ct, Lexington, KY
Studio
$567
600 sqft
1 Bedroom
$600
600 sqft
2 Bedrooms
$604
850 sqft
Bourbon Court is a pet friendly apartment community located minutes from UK and downtown Lexington. We offer Studio, 1, 2, and 3 bedroom apartments with newly updated interiors.
Verified
Last updated December 5 at 11:11am
5 Units Available
Summit at Lexington
100 Lakeshore Dr, Lexington, KY
1 Bedroom
$650
700 sqft
2 Bedrooms
$730
950 sqft
3 Bedrooms
$995
1150 sqft
This development offers one-, two- and three-bedroom apartments close to the Lextran line and Jacobson Park. Units are spacious and feature updated kitchens and granite countertops.
Verified
Last updated December 5 at 11:11am
Southeastern Hills
6 Units Available
Triple Crown Apartments
3501 Pimlico Pkwy, Lexington, KY
1 Bedroom
$630
600 sqft
2 Bedrooms
$755
911 sqft
3 Bedrooms
Ask
Apartment community located on the edge of Tates Creek Golf Course. Recently renovated units come with ceiling fans, carpets and air conditioning. Playground, gym and dog park. Minutes from the University of Kentucky.
Verified
Last updated December 5 at 11:10am
5 Units Available
Caballo Run
522 Hollow Creek Road, Lexington, KY
1 Bedroom
$625
700 sqft
2 Bedrooms
$725
750 sqft
3 Bedrooms
Ask
Welcome Home to Caballo Crossing conveniently located to shopping, dining, entertainment, and minutes from Downtown Lexington and the University of Kentucky.
Verified
Last updated December 5 at 07:03pm
15 Units Available
Pinebrook Apartments
3650 Tates Creek Rd, Lexington, KY
1 Bedroom
$605
700 sqft
2 Bedrooms
$705
938 sqft
Lots of amenities in this complex minutes from Gainesway Park. Basketball, tennis and volleyball courts available. Residents enjoy a gym, business center and clubhouse. On-site laundry center. Recently renovated units with granite counters.
Verified
Last updated December 5 at 07:01pm
3 Units Available
BelleFontaine Apartments II
2218 Dinsmore Drive, Lexington, KY
1 Bedroom
$635
712 sqft
Enjoy BelleFontaine Living at BelleFontaine Apartment Homes, the best located boutique apartment community in the heart of Southeast Lexington! From our service oriented staff members to our excellent location in the heart of shopping, dining, and
Verified
Last updated December 5 at 07:14pm
3 Units Available
BelleFontaine Apartments
2216 Dinsmore Drive, Lexington, KY
Studio
Ask
1 Bedroom
$635
558 sqft
Enjoy BelleFontaine Living at BelleFontaine Apartment Homes, the best located boutique apartment community in the heart of Southeast Lexington! From our service oriented staff members to our excellent location in the heart of shopping, dining, and
Verified
Last updated December 5 at 07:19pm
26 Units Available
Racquet Club
3900 Crosby Dr, Lexington, KY
1 Bedroom
$680
654 sqft
2 Bedrooms
$935
1037 sqft
The Racquet Club Apartments at Lexington-Fayette, KY, are like living at your own resort. Tennis courts, racquetball courts and a pool are just steps away.
Verified
Last updated December 5 at 07:19pm
8 Units Available
Abigail Gardens Apartments
3745 Camelot Dr, Lexington, KY
1 Bedroom
$649
738 sqft
2 Bedrooms
$759
910 sqft
Come join us at Abigail Gardens Apartments! Our 1 and 2 bedroom updated apartment homes in Lexington, Kentucky, offer hardwood flooring and 2-tone professional paint throughout.
Verified
Last updated December 5 at 12:05pm
2 Units Available
Longwood Apartments
710 Eureka Springs Drive, Lexington, KY
Studio
$488
288 sqft
1 Bedroom
Ask
2 Bedrooms
Ask
Longwood Apartments invites you to live life on your own terms. Our community has several home, community, and location advantages.
Verified
Last updated December 5 at 07:20pm
9 Units Available
The Creeks on Tates Creek
3565 Tates Creek Rd, Lexington, KY
1 Bedroom
$659
780 sqft
2 Bedrooms
$699
965 sqft
3 Bedrooms
Ask
Pet-friendly 1-3 bedroom apartments with spacious closets, central air conditioning/heat, and kitchen appliances. Community amenities include gym, clubhouse, pool, coffee bar, and laundry facilities. Short-term leases available. Near Kirklevington Park and New Circle Rd.
Verified
Last updated December 5 at 06:49pm
60 Units Available
Raintree Apartments
175 N Locust Hill Dr, Lexington, KY
1 Bedroom
$680
648 sqft
2 Bedrooms
$910
850 sqft
Are you searching for the best apartment home living in Lexington, Kentucky? Look no further than Raintree Apartment Homes. We are a beautiful community located within walking distance of entertainment, abundant shopping, and fine dining.
Verified
Last updated September 17 at 09:39pm
9 Units Available
Campus Court at Red Mile
935 Red Mile Rd, Lexington, KY
1 Bedroom
$829
562 sqft
2 Bedrooms
$579
850 sqft
3 Bedrooms
$509
1200 sqft
Close to the college campus, nightlife and entertainment. On-site resort-style pool and clubhouse, indoor basketball court and ample green space. Spacious interiors with open floor plans and plenty of options.
Verified
Last updated November 27 at 10:50pm
2 Units Available
Cambridge Park Apartments
2045 Cambridge Dr, Lexington, KY
1 Bedroom
$600
675 sqft
2 Bedrooms
$725
975 sqft
Cambridge Park in Lexington offers upgraded one and two bedroom apartment homes with central heat and air conditioning, walk in closets, fully equipped kitchens with dishwasher.
Last updated December 5 at 11:05am
Liberty Area
1 Unit Available
1749 Liberty Road
1749 Liberty Road, Lexington, KY
1 Bedroom
$675
661 sqft
Beautiful 1,2 and 3 bedroom apartments and 2 bedroom townhouse - HEY YOU!!! YES YOU. ALL YOUR NEW HOME IS NEEDING IS YOU! WE OFFER 1,2 AND 3 BEDROOM GARDEN APARTMENTS starting at $675.00 a month AS WELL AS 2 BEDROOM TOWNHOUSES.
Last updated December 5 at 11:05am
1 Unit Available
3305 Squire Hart court
3305 Squire Hart Court, Lexington, KY
1 Bedroom
$600
1000 sqft
Room for Rent - Property Id: 42978 MOVE IN NOW Peaceful home. Room for rent with everything included. Short term or long term. 15 min from UK, and down town. Clean and quiet. Great for short term, easy enter and exit. First level. Own parking.
Last updated December 5 at 08:34am
Castlewood
1 Unit Available
165 Devonia Ave Unit B
165 Devonia Avenue, Lexington, KY
1 Bedroom
$550
710 sqft
3 Bedrooms
Ask
Lovingly maintained 1 bed 1 bath duplex convenient to downtown, Transylvania, Lexmark, and easy access to New Circle Road. Fenced in front and back yard. Hard wood floors throughout the house. Tenant pays all utilities. $35 application fee.
Last updated December 5 at 05:44pm
1 Unit Available
2908 Winter Garden
2908 Winter Garden, Lexington, KY
2 Bedrooms
$650
Unit #D Spacious 2Bed, 1.5 Bath Apartment Convenient Location To Roads & Shops!
Last updated December 5 at 05:44pm
Idle Hour Neighbors
1 Unit Available
2147 Will Fant Road
2147 Will Fant Drive, Lexington, KY
2 Bedrooms
$665
duplex. new paint, flooring & windows. No section 8. Landlord pays water. No pets. walking distance to elementary school. 5 minutes to downtown. 10 minutes to UK. Owner/agent (859) 983-3664
Last updated December 5 at 05:44pm
1 Unit Available
3448 Woodspring Drive
3448 Woodspring Drive, Lexington, KY
1 Bedroom
$650
Roommate Wanted!! Share this Absolutely beautiful home! UTILITIES INCLUDED!!! Tenant will occupy one bedroom, have their own bath and will have use of the main areas of the home. Kitchen features Stove, Refrigerator, and Dishwasher.
Last updated December 5 at 05:44pm
1 Unit Available
363 Radcliffe Road
363 Radcliffe Road, Lexington, KY
2 Bedrooms
$650
This 2 bedroom, 1 bath duplex features fresh paint throughout. Spacious living room and kitchen that includes new refrigerator and range. Move in ready with 24/7 maintenance! Pet friendly under 35lb following standard breed restrictions.
Last updated December 5 at 05:44pm
1 Unit Available
421 Lenney Drive
421 Lenney Drive, Lexington, KY
2 Bedrooms
$625
This charming 2nd floor 2 bedroom, 1 bath apartment features a spacious living room and eat in kitchen including refrigerator and range. Separate utility room with washer/ dryer hookup included. Sorry no pets. Tenant pays E,W,S.
Last updated December 5 at 05:44pm
Georgetown
1 Unit Available
430 oak Street
430 Oak Street, Lexington, KY
2 Bedrooms
$625
Cozy 2 bedroom 1 bath home in Forest Hills!

December 2019 Lexington Rent Report

Welcome to the December 2019 Lexington Rent Report. Lexington rents remained steady over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to similar cities nationwide.

View full Rent Report

December 2019 Lexington Rent Report

Welcome to the December 2019 Lexington Rent Report. Lexington rents remained steady over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to similar cities nationwide.

Lexington rent trends were flat over the past month

Lexington rents have increased 0.1% over the past month, and have increased slightly by 1.4% in comparison to the same time last year. Currently, median rents in Lexington stand at $670 for a one-bedroom apartment and $859 for a two-bedroom. Lexington's year-over-year rent growth leads the state average of 0.8%, but is in line with the national average of 1.4%.

    Lexington rents more affordable than many large cities nationwide

    As rents have increased slightly in Lexington, a few large cities nationwide have also seen rents grow modestly. Lexington is still more affordable than most large cities across the country.

    • Lexington's median two-bedroom rent of $859 is below the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year, which matches the increase in Lexington.
    • While Lexington's rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.9%), Dallas (+2.2%), and Seattle (+1.6%).
    • Renters will find more reasonable prices in Lexington than most large cities. For example, San Francisco has a median 2BR rent of $3,101, which is more than three-and-a-half times the price in Lexington.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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