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Apartments Under $500 in Lexington, KY

1 - 3 of 3 Results
1
$500
838 Bryan Ave
Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
M L King
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
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
20
$870 - 1,100
Caballo Crossing
Deal
522 Hollow Creek Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Air Conditioning
Dishwasher
Pool
Green Acres
18
$1,620
Lexington - Nicholasville Road
Deal
2650 Wilhite Dr Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
71
$1,326 - 3,194
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
3
$1,650
Lexington - Tates Creek
Deal
3575 Tates Creek Rd Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
$4,000
Ald424
424 Woodland Ave Lexington, KY
4 BR | Aug. 13, 2027
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Aylesford
0
$860
Studio Apartment Available For Pre Lease!
140 Kentucky Ave Lexington, KY
Studio | Aug. 15, 2027
Contact
Aylesford Place
1
$1,895
3 Bed 2 Bath Home In Kearney Ridge!
2948 Sullivans Trce Lexington, KY
3 BR | Available Now
Contact
House
Dishwasher
1
$2,400
Now Pre-leasing For 2027-28 School Year!
649 Golfview Dr Lexington, KY
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$860
Studio Apartment Available For Pre Lease!
140 Kentucky Ave Lexington, KY
Studio | Aug. 15, 2027
Contact
Aylesford Place
4
$1,450
Park
400 Transylvania Park Lexington, KY
2 BR | Aug. 12, 2027
Contact
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
12
$1,525 - 2,160
The Remington
2350 Remington Way Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
30
$1,488 - 2,375
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
27
3D Tour
$1,353 - 3,966
The Retreat at Hamburg Place Apartments
2365 Sir Barton Road Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
7
$1,300
Kampus Properties
400-418 Aylesford Pl Lexington, KY
2 BR | Aug. 12, 2027
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
135
$1,354 - 1,718
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
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
11
$925 - 1,095
1352 Royalty Ct
Lexington, KY
1 - 2 BR | Jul. 1, 2027
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
6
$1,900 - 1,980
The Townhouses
375 Transylvania Park 374 431 433 435 437 439 441452 456 460 Euclid Ave Lexington, KY
2 BR | Aug. 5, 2027
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
4
$1,195 - 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
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
5
$975 - 1,090
Revive 1749 - All Utilities Incl
1749 Liberty Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
33
$962 - 4,037
The Metropolitan
3751 Appian Way Lexington, KY
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
14
$1,790 - 2,475
MidTown Apartments
201 Simpson Ave, Lexington, KY
2 - 4 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Virtual Tour
15
$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
16
$884 - 1,925
Tates Creek Crossings
Deal
1143 Centre Pkwy Lexington, KY
1 - 3 BR | Available Now
Contact
Air Conditioning
Dishwasher
Gainesway
5
$799 - 925
Valore at the Baxter
1589 Martha Ct Lexington, KY
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Eastland Parkway
20
$1,429 - 2,341
Parkside Heights
Deal
320 Hannah Todd Pl Lexington, KY
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
70
$1,279 - 2,273
Colts Run
Deal
3170 Mapleleaf Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
  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 4 studio apartments under $500 available for rent in Lexington.

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

Rentable.co has 14 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 $19,000.

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

  1. Calumet
  2. M L King

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

Welcome to the October 2026 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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 $1,680 $1,760 $1,840 >$1,920

Available Apartments Under $500: Lexington vs. Surrounding Areas

Lexington, KY
Richmond, KY
6
3
The chart above displays the number of available apartments under $500 in Lexington, KY and its surrounding cities. As of October 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 8 apartments currently available for rent.

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

City Apartments Under $500 in October M/M % Change
Lexington, KY 7 +0.95%
Richmond, KY 3 +1.26%
Millersburg, KY 1 +1.0%
Harrodsburg, KY 1 +1.0%
Nicholasville, KY 0 +1.67%

Looking for Apartments Under $500 in Lexington?

Available apartments under $500 338
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, 24 Hour Maintenance
Pet friendly 2
Utilities included 1
Furnished 1
Studio 3
1 Bedroom 1
2 Bedroom 1
Square footage 330 - 1,458
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