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Apartments Under $500 in Lexington, KY

1 - 3 of 3 Results
1
$ Ask - 1,799
Lakewood Park Apartments
495 Laketower Dr Lexington, KY
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
4
$479 - 499
Brookstone Apartments
3.6
1313 Nancy Hanks Rd Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$425 - 475
Imperial Studio
2.6
381 Elain Drive Lexington, KY
Studio | Available Now
Contact
Heat Included
Furnished
Air Conditioning
1 - 3 of 3 Results

All Apartments in Lexington, KY

30 Results
20
$700 - 985
Caballo Crossing
Deal
522 Hollow Creek Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Air Conditioning
Dishwasher
Pool
Green Acres
12
$883 - 1,227
330 Newtown Apartments
330 Newtown Pike Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Disability Access
Dishwasher
71
$1,091 - 3,246
Merrick Place
5.0
3260 Commodore Drive Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
26
$1,620
Lexington - Nicholasville Road
2650 Wilhite Dr Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
36
$1,650
Lexington - Tates Creek
3575 Tates Creek Rd Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
$1,395
2 Bedroom With A Bonus Room!
3360 Gatewood Ct Lexington, KY
2 BR | Available Now
Contact
House
Dishwasher
1
$975 - 1,025
Cross Keys And Woodridge Apartments Now Renting! First Months Rent Free And Security Deposit Specials!
1565 Alexandria Dr Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Calumet
33
Call for Pricing
Garden Estates
4176 Todds Rd Lexington, KY
3 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Surface Parking
Balcony/Deck/Patio
15
$1,029
Forest Creek Apartments
1176 Appian Crossing Way Lexington, KY
2 BR | Available Now
Contact
Storage
14
$870 - 1,820
MidTown Apartments
201 Simpson Ave, Lexington, KY
1 - 4 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Virtual Tour
20
$1,268 - 2,543
Parkside Heights
Deal
320 Hannah Todd Pl Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
16
$975 - 1,525
Prime at Gardenside
Deal
2044 Georgian Way Lexington, KY
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
9
$1,100 - 1,200
Thoroughbred Crossing
Deal
1346 Village Dr Lexington, KY
2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Dishwasher
Calumet
4
$1,145 - 1,795
Landing At Tates Creek
3565 Tates Creek Rd Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
11
$1,095
1352 Royalty Ct
Lexington, KY
2 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
13
$800 - 1,110
Prime Hamburg Apartments
1740-1760 Jennifer Rd Lexington, KY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
5
$925 - 1,345
200 The Ascent1555
1555 Eastland Pkwy Lexington, KY
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Dishwasher
16
$915 - 2,849
Tates Creek Crossings
Deal
1143 Centre Pkwy Lexington, KY
1 - 3 BR | Available Now
Contact
Air Conditioning
Dishwasher
Gainesway
23
$1,195
521/527 E. Main Street
Lexington, KY
1 BR | Jun. 6, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Aylesford Place
9
$865
Valore at the Baxter
1589 Martha Ct Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Eastland Parkway
11
$1,495
638 Breckenridge St
Lexington, KY
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
25
$1,279 - 2,630
Colts Run
3170 Mapleleaf Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
33
$1,495 - 2,019
Fifteen51 Apartments Of Lexington
Deal
1551 Aristides Boulevard Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
34
3D Tour
$1,336 - 3,627
Forty57 Apartments
4057 Mooncoin Way Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
20
$1,100 - 1,575
The Life at Lexington
100 Lakeshore Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
30
$1,385 - 2,327
Waterstone at Hamburg Apartments
3.4
2785 Polo Club Blvd Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
133
$1,286 - 1,796
Palomar View Apartments
4121 Reserve Rd Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
33
$1,065 - 3,608
The Metropolitan
3751 Appian Way Lexington, KY
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
30
$985 - 1,385
Prime at Lexington
3501 Pimlico Pkwy Lexington, KY
1 - 3 BR | May. 1, 2026
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
8
$940
Arms
426 E High St Lexington, KY
1 BR | Aug. 13, 2026
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Disability Access
  1. Home
  2. Lexington
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Lexington, KY on Rentable.co?

There are 3 apartments under $500 in Lexington currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Lexington?

Rentable.co has 3 studio apartments under $500 available for rent in Lexington.

How many one-bedroom apartments under $500 are available in Lexington?

Rentable.co has 35 one-bedroom apartments under $500 available for rent in Lexington.

How many two-bedroom apartments under $500 are available in Lexington?

Rentable.co has 27 two-bedroom apartments under $500 available for rent in Lexington.

Can I afford a apartment under $500 in Lexington, KY?

To comfortably afford a apartment under $500 in Lexington based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Lexington, KY?

  1. Calumet
  2. Harrods Hill

Apartments Under $500 in Lexington, KY: March Rental Information

Welcome to the March 2026 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 key findings and figures for the Lexington rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Lexington and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $500 in Lexington.

Each month, Rentable analyzes and delivers comprehensive data on the rental market to help you make an informed decision about your next apartment. Keep reading to learn more about apartments under $500 in Lexington and start your search today.
0 10 20 30 40 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600

Available Apartments Under $500: Lexington vs. Surrounding Areas

Lexington, KY
Richmond, KY
8
3
The chart above displays the number of available apartments under $500 in Lexington, KY and its surrounding cities. As of March 2026, the inventory in Lexington is represented along with the number of apartments in Richmond, Frankfort, Versailles, Winchester, Nicholasville, Georgetown, Harrodsburg, Millersburg, Lawrenceburg, Wilmore, and Lancaster. This chart provides a comprehensive view of affordable rental options in the Lexington, KY metro area, with a total of 16 apartments currently available for rent.

Apartments Under $500 Now vs. Last Month: Lexington and Surrounding Areas

City Apartments Under $500 in March M/M % Change
Lexington, KY 9 +1.09%
Richmond, KY 4 +1.13%
Harrodsburg, KY 1 +1.0%
Millersburg, KY 1 +1.0%

Looking for Apartments Under $500 in Lexington?

Available apartments under $500 515
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 6
Utilities included 1
Furnished 1
Studio 4
1 Bedroom 3
2 Bedroom 1
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