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Cheap Apartments for Rent in Lexington, KY - 72 Rentals available

Apartments Under $500

  • Apartment
    180 Codell Dr, Lexington, KY 40509
    $464 - $784
    • Studio-3 Beds
    • 1-2 Baths
    Friedman Integrated Real Estate Solutions
    Available Today!
    (859) 269-1763
  • Apartment
    710 Eureka Springs Dr, Lexington, KY 40517
    $488 - $591
    • Studio-2 Beds
    • 1-2 Baths
    Friedman Integrated Real Estate Solutions
    Available Today!
    (859) 266-3185

Apartments Under $600

Apartments Under $700

Apartments Under $800

Popular Searches

Lexington, KY Demographics

  • Total Population316,117
  • Female 154,976
    Male 161,142
  • Median Age36.2

Average Rent in Lexington, KY

  • Lexington, KY Average Rental Price, December 2019 $922 /mo

Lexington, KY Apartment Rent Ranges

  • < $5001%
  • $501-$70023%
  • $701-$1,00048%
  • $1,001-$1,50022%
  • $1,501-$2,0004%
  • > $2,0002%

Lexington, KY Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
Lexington, KY $857 $859 $883 $875 $874 $888 $886 $903 $922 $925 $922
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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Lexington, KY Households

  • Total Number of Households127,810
  • Family 73,449
    Non-family 54,361
  • Children 36,293
    No Children 91,517
  • Average People Per Household2.45
  • Median Household Income$63,804
  • Median Housing Costs Per Month$960

Lexington, KY Education Statistics

  • No High School3%
  • Some High School27%
  • Some College24%
  • Associate Degree7%
  • Bachelor Degree23%
  • Graduate Degree15%

Looking for a cheap apartment for rent in Lexington, KY? With RENTCafé, finding an affordable apartment in Lexington, KY has never been easier. We feature 72 low-priced rentals directly from property managers, with rents lower than the Lexington, KY average. What is a cheap rent in Lexington, KY? The average apartment rent in Lexington is $922 per month so any rental south of $738 would be considered cheap here. On RENTCafé, Lexington, KY rents go as low as $464/mo.

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