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Apartments Under $500 in Lexington, KY

1 - 3 of 3 Results
1
$ Ask - 1,889
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
$775 - 1,050
Caballo Crossing
Deal
522 Hollow Creek Rd Lexington, KY
1 - 2 BR | Jul. 10, 2026
Contact
Air Conditioning
Dishwasher
Pool
Green Acres
12
$1,033 - 1,377
330 Newtown Apartments
330 Newtown Pike Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Disability Access
Dishwasher
71
$1,302 - 3,281
Merrick Place
5.0
3260 Commodore Drive Lexington, KY
1 - 3 BR | Jul. 11, 2026
Contact
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
$1,620
Lexington - Nicholasville Road
2650 Wilhite Dr Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
$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
25
$1,249 - 2,338
Colts Run
3170 Mapleleaf Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
14
$975 - 1,110
Prime Hamburg Apartments
Deal
1740-1760 Jennifer Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
4
$995 - 1,645
Landing At Tates Creek
3565 Tates Creek Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
11
$1,195
1352 Royalty Ct
Lexington, KY
2 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
41
$970 - 1,595
The Flats At 345
345 Blackburn Ave Lexington, KY
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
5
$799 - 865
Valore at the Baxter
1589 Martha Ct Lexington, KY
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Eastland Parkway
16
Call for Pricing
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
20
$1,450 - 2,456
Parkside Heights
Deal
320 Hannah Todd Pl Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
5
$825 - 945
The Axis At 1435
1435 Nicholasville Road Lexington, KY
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
North Elizabeth St
8
$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
33
$985 - 4,102
The Metropolitan
Deal
3751 Appian Way Lexington, KY
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
10
$850 - 1,050
Belmont Run
1232 Man O' War Place Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Fitness Center
Pool
27
$1,145 - 1,745
Studios180
180 N Martin Luther King Boulevard Lexington, KY
Studio | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
16
Call for Pricing
Prime at Lexington
3501 Pimlico Pkwy Lexington, KY
1 - 3 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
24
$1,320 - 7,526
Gateway Lofts Lexington
Deal
380 Virginia Ave Lexington, KY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
27
3D Tour
$1,309 - 4,345
The Retreat at Hamburg Place Apartments
2365 Sir Barton Road Lexington, KY
1 - 3 BR | Jul. 10, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
30
$1,374 - 2,534
Waterstone at Hamburg Apartments
Deal
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
34
$985 - 1,035
The Reserve At Merrick
3300 Montavesta Road Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Fitness Center
Dishwasher
16
$862 - 1,813
Tates Creek Crossings
Deal
1143 Centre Pkwy Lexington, KY
1 - 3 BR | Available Now
Contact
Air Conditioning
Dishwasher
Gainesway
20
$525 - 909
PER
ROOM
The Wyatt
2.2
497 Angliana Avenue Lexington, KY
1 - 4 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Student
15
$1,029
Forest Creek Apartments
1176 Appian Crossing Way Lexington, KY
2 BR | Available Now
Contact
Storage
14
$1,005 - 2,900
MidTown Apartments
201 Simpson Ave, Lexington, KY
1 - 4 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Virtual Tour
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
136
$1,458 - 1,747
Palomar View Apartments
Deal
4121 Reserve Rd Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
29
$1,875
4340 Clearwater Way
Lexington, KY
3 BR | Aug. 6, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
  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 99 one-bedroom apartments under $500 available for rent in Lexington.

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

Rentable.co has 134 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. Beaumont Park
  3. Harrods Hill

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

Welcome to the June 2026 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 7 15 22 30 <$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 June 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 12 apartments currently available for rent.

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

City Apartments Under $500 in June M/M % Change
Lexington, KY 8 +1.06%
Richmond, KY 4 +0.47%
Nicholasville, KY 2 +0.87%
Harrodsburg, KY 1 +1.0%
Millersburg, KY 1 +1.0%

Looking for Apartments Under $500 in Lexington?

Available apartments under $500 73
Top amenities Air Conditioning, Dishwasher, Balcony/Deck/Patio, Refrigerator, Microwave
Pet friendly 6
Utilities included 1
Furnished 1
Studio 3
1 Bedroom 3
3 Bedroom 2

Where are Lexington Apartments Under $500?

Top Neighborhoods Calumet, Beaumont park, Harrods hill
Calumet 1
Beaumont Park 1
Harrods Hill 1
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