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January 14.2026

2 Minutes Read

Where Renters Find Budget-Friendly Neighborhoods in Lexington, KY

Where renters get the most for their money in Lexington, KY

Discover Affordable Living in Lexington, KY

Lexington, Kentucky, has become a sought-after spot for renters looking for a blend of urban convenience and small-town charm. As of December 2025, the cost of living in Lexington is just 1% above the Kentucky average and 8% lower than the national average, making it an attractive choice for budget-minded individuals.

Top Affordable Neighborhoods

For those seeking to maximize their rental value while enjoying quality of life, several neighborhoods in Lexington stand out:

Calumet: Value Meets Convenience

With an average rent of $940, Calumet offers a peaceful environment combined with quick access to essential amenities. It’s perfect for renters who want to maintain a budget without compromising on comfort.

Cardinal Valley: Community and Culture

At $969 on average, Cardinal Valley melds residential comfort with a vibrant diversity of community life. Renters here enjoy parks, local markets, and a welcoming atmosphere, making it a great family-friendly option.

Green Acres–Hollow Creek–Breckinridge: Suburban Relaxation

This area averages $989 in rent and provides a tranquil suburb. It boasts easy shopping access and ample green space, creating a serene retreat from the hustle and bustle of city life.

Garden Springs and Dove Creek: Community-Centric Living

Both Garden Springs and Dove Creek average at $1,086, offering prime locations close to shopping and recreation. These neighborhoods foster a sense of belonging, ideal for families and professionals seeking community engagement.

Your Next Move Awaits!

If you're on the lookout for affordable rent in a beautiful city, any of these Lexington neighborhoods could be your next home. Start exploring options today and experience all the benefits that come with renting in Lexington!

Neighborly Know-How

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