After some time in the dorms, you will be more than ready for a bathroom and bedroom of your own. A seemingly endless supply of apartment complexes and old houses surround campus. Be prepared to spend quite a bit on housing the closer to campus that you get. You'll pay more for a shorter walk.
Off-campus housing runs from about $250 to $350 on rent every month; some students find it necessary to get a job to pay for it all. The houses around campus were probably considered quite nice at some point in the 19th century, but after years of enduring house parties, some can feel more like tenaments than anything else. With Kentucky having a dry campus, the parties close to campus get a drenching in beer and sweat. The dry campus is nearly half the reason students tend to move off. If you're not interested in that kind of lifestyle, off campus may not be for you, but if you are, Lexington offers a plethora of options available for all your off-campus needs.