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Apartments for Rent in Lexington, KY under $700 – 62 Rentals available


Lexington, KY Demographics

  • Total Population321,817
  • Female 157,890
    Male 163,926
  • Median Age37.1

Average Rent in Lexington, KY

  • Lexington, KY Average Rental Price, February 2021 $955 /mo

Lexington, KY Apartment Rent Ranges

  • < $5001%
  • $501-$70015%
  • $701-$1,00054%
  • $1,001-$1,50025%
  • $1,501-$2,0003%
  • > $2,0002%

Lexington, KY Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Feb / 2021
Lexington, KY $875 $874 $888 $886 $903 $922 $925 $920 $941 $948 $955
National $1,317 $1,348 $1,357 $1,361 $1,393 $1,400 $1,401 $1,391 $1,393 $1,399
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Lexington, KY Households

  • Total Number of Households130,296
  • Family 75,191
    Non-family 55,105
  • Children 37,022
    No Children 93,274
  • Average People Per Household2.45
  • Median Household Income$66,674
  • Median Housing Costs Per Month$1,014

Lexington, KY Education Statistics

  • No High School4%
  • Some High School32%
  • Some College28%
  • Associate Degree8%
  • Bachelor Degree28%

Apartments in Lexington, KY under $700

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 62 apartments for rent in Lexington, KY on which you’ll spend less than $700. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $700

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $700. The average rental size in Lexington, KY is 954 Sq.Ft., but the $700 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!