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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
$730 - 1,010
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
$1,316 - 3,250
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
$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
$1,620
Lexington - Nicholasville Road
2650 Wilhite Dr Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
5
$1,075
Revive 1749 - All Utilities Incl
1749 Liberty Rd Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$925
Royal Court Apartments, Llc
1353 1349 Royalty Ct Lexington, KY
1 BR | Jun. 3, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
13
$1,550
176 N Broadway Unit 3
Lexington, KY
2 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
5
$975 - 1,395
200 The Ascent1555
1555 Eastland Pkwy Lexington, KY
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Dishwasher
34
$1,359 - 1,949
Fifteen51 Apartments Of Lexington
Deal
1551 Aristides Boulevard Lexington, KY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
91
$829 - 1,155
PER
ROOM
Campus Court Lexington
935 Red Mile Rd Lexington, KY
1 - 2 BR | Aug. 1, 2026
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
33
$1,065 - 4,053
The Metropolitan
Deal
3751 Appian Way Lexington, KY
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
25
$1,329 - 2,362
Colts Run
3170 Mapleleaf Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
20
Call for Pricing
The Life at Lexington
Deal
100 Lakeshore Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
15
$1,029
Forest Creek Apartments
1176 Appian Crossing Way Lexington, KY
2 BR | Available Now
Contact
Storage
30
$1,005 - 1,405
Prime at Lexington
3501 Pimlico Pkwy Lexington, KY
1 - 3 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
136
$1,594 - 1,882
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
20
$1,520 - 2,723
Parkside Heights
320 Hannah Todd Pl Lexington, KY
1 - 2 BR | May. 15, 2026
Contact
Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
16
$999 - 1,525
Prime at Gardenside
Deal
2044 Georgian Way Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
29
$1,080 - 2,051
Bridle Creek Apartments
3800 Nicholasville Rd Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
14
$870 - 2,900
MidTown Apartments
201 Simpson Ave, Lexington, KY
1 - 4 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Virtual Tour
30
$1,360 - 2,315
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
24
$1,344 - 11,212
Gateway Lofts Lexington
Deal
380 Virginia Ave Lexington, KY
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
16
$945 - 1,095
1901 Apartments
Deal
1909 Cambridge Dr Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Cardinal Valley
26
$1,199 - 1,918
1809 at Winchester
Deal
1809 Meeting St Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
13
$975 - 1,110
Prime Hamburg Apartments
1740-1760 Jennifer Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
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
4
$1,130 - 1,695
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
$1,295
1352 Royalty Ct
Lexington, KY
2 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
16
$901 - 1,872
Tates Creek Crossings
Deal
1143 Centre Pkwy Lexington, KY
1 - 3 BR | Available Now
Contact
Air Conditioning
Dishwasher
Gainesway
  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 74 one-bedroom apartments under $500 available for rent in Lexington.

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

Rentable.co has 69 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. Idle Hour Neighbors
  3. Harrods Hill

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

Welcome to the May 2026 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 12 25 37 50 <$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
8
The chart above displays the number of available apartments under $500 in Lexington, KY and its surrounding cities. As of May 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 13 apartments currently available for rent.

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

City Apartments Under $500 in May M/M % Change
Lexington, KY 9 +1.02%
Richmond, KY 3 +1.06%
Nicholasville, KY 1 0.0%
Harrodsburg, KY 1 +1.0%
Millersburg, KY 1 +1.0%

Looking for Apartments Under $500 in Lexington?

Available apartments under $500 30
Top amenities On Site Laundry, Refrigerator, Trash Removal Included, Range / Oven, Near Campus
Pet friendly 3
Utilities included 1
Furnished 1
Studio 3
1 Bedroom 2

Where are Lexington Apartments Under $500?

Top Neighborhoods Calumet, Idle hour neighbors, Harrods hill
Calumet 1
Idle Hour Neighbors 1
Harrods Hill 1
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