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Apartments in Downtown Lexington

1 - 30 of 162 Results
7
$130 - 968
Rose Tower
Deal
2.8
137 Rose St Lexington, KY
Studio - 1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
1
$750
201 E Maxwell St
Lexington, KY
1 BR | Aug. 10, 2024
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
11
$1,050
221 E Maxwell St
Lexington, KY
2 BR | Aug. 10, 2024
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
1
$1,700
257 Lexington Ave
Lexington, KY
4 BR | Available Now
Contact
Student
11
$1,400
Within Walking Distance To Campus!
371 Linden Walk Lexington, KY
2 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Aylesford
8
$700
122 Hagerman Ct
Lexington, KY
1 BR | Aug. 6, 2024
Contact
Downtown
17
$750
122 Hagerman Ct
Lexington, KY
1 BR | Aug. 6, 2024
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
10
$695
117 Hagerman Ct
Lexington, KY
Studio | Aug. 7, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Historic South Hill
1
$1,875
PER
ROOM
235 Lexington
Lexington, KY
3 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Historic South Hill
13
$450 - 685
114 Hagerman Ct
Lexington, KY
1 BR | Aug. 6, 2024
Contact
Air Conditioning
Historic South Hill
13
$815
114 Hagerman Ct
Lexington, KY
2 BR | Aug. 6, 2024
Contact
Historic South Hill
8
$845
328 S Upper St
Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Historic South Hill
18
$655 - 990
398 Linden Walk
Lexington, KY
1 - 2 BR | Available Now
Contact
Air Conditioning
4
$685
Kampus Heights
350 Linden Walk Lexington, KY
Studio | Ask for Availability
Contact
Student
Dishwasher
2
$1,500
PER
ROOM
312 South Upper
Lexington, KY
2 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Historic South Hill
14
$3,750
Fpr305
305 Grosvenor Ave Lexington, KY
1 BR | Available Now
Contact
Heat Included
Storage
Aylesford
13
$719
265 Lyndhurst Pl
Lexington, KY
1 BR | May. 6, 2024
Contact
Dog Friendly
Cat Friendly
Aylesford
18
$1,160
256 E High St
Lexington, KY
2 BR | May. 15, 2024
Contact
Dog Friendly
Cat Friendly
Aylesford
12
$749
264 E High St
Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Aylesford
24
$1,100
Njl145
145 Virginia Ave Lexington, KY
1 BR | Aug. 12, 2024
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
3
$2,025 - 2,700
PER
ROOM
418 E Maxwell
Lexington, KY
3 - 4 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Aylesford
27
$1,100
Mcl
145-155 Virginia Ave Lexington, KY
1 BR | Aug. 12, 2024
Contact
Surface Parking
Storage
Disability Access
Dishwasher
North Elizabeth St
14
$950
Bluegrass Commons
165 Virginia Avenue Lexington, KY
1 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Student
Air Conditioning
Surface Parking
7
$1,750
Pre-leasing Now For The Fall Semester 2024
373 Bucoto Ct Lexington, KY
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
3
Call for Pricing
Kampus Terraces
317 Transylvania Park Lexington, KY
Studio | Available Now
Contact
Student
8
$825
372 Bucoto Ct
Lexington, KY
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
12
$1,300
329 S Broadway Park
Lexington, KY
3 BR | Aug. 9, 2024
Contact
Dishwasher
North Elizabeth St
6
$650
355 S Broadway Park
Lexington, KY
1 BR | Aug. 11, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
North Elizabeth St
7
$750
361 S Broadway Park
Lexington, KY
1 BR | Aug. 6, 2024
Contact
North Elizabeth St
6
$875
858 South Broadway
Lexington, KY
1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1 - 30 of 162 Results
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Frequently Asked Questions

How many apartments are available in Downtown on Rentable.co?

Rentable.co has over 164 apartments available near Downtown.

What is the average rent for a studio apartment in Downtown?

The average rent for a studio apartment near Downtown is around $785 per month.

What is the average rent for a one-bedroom apartment in Downtown?

The average rent for a one-bedroom apartment near Downtown is around $910 per month.

What is the average rent for a two-bedroom apartment in Downtown?

The average rent for a two-bedroom apartment near Downtown is around $1,061 per month.

How many apartments are available in Lexington, KY on Rentable.co?

Rentable.co has over 12,382 apartments available in Lexington.

What is the average rent for a studio apartment in Lexington, KY?

The average rent for a studio apartment in Lexington is around $830 per month.

What is the average rent for a one-bedroom apartment in Lexington, KY?

The average rent for a one-bedroom apartment in Lexington is around $1,020 per month.

What is the average rent for a two-bedroom apartment in Lexington, KY?

The average rent for a two-bedroom apartment in Lexington is around $1,310 per month.

How expensive is it to rent an apartment in Lexington, KY?

For a two-bedroom apartment in Lexington, the average rent price is $1,310 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Lexington, KY?

Based on average rent prices in Lexington, to afford a studio apartment you would need an annual household income of $33,000 to live comfortably.

Downtown Neighborhood Summary

When you live in Downtown Lexington, you are living right at the pulse the city. Whether you’re living in a modern loft or a renovated historic duplex, you’ll never run out of things to do right outside your door. There are numerous restaurants, coffee houses, bars, shops, entertainment venues, and cultural institutions in the area. This is also one of the most walkable areas of the city, so if you’re without a vehicle, this is an incredibly convenient area of town to live in. The area is popular with young professionals because of its proximity to major workplaces. Students also love this area because it borders campus, while also offering the best amenities in Lexington.

Lexington:
May Rent Report

Welcome to the May 2024 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Lexington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lexington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lexington average rent prices in the chart below.

Monthly Rent Report

$1,350
$1,010
$680
$340
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Lexington Rent Prices Increase From April to May

Lexington rent prices increased over the last month. From April to May, the city experienced a 0.65% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $935.0.

When we take a look at the two-bedroom comparison from April to May, Lexington experienced a 2.18% increase for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,171.0.

May Prices: Lexington vs. Surrounding Areas

Nicholasville, KY
Georgetown, KY
Lexington, KY
Frankfort, KY
Winchester, KY
Richmond, KY
Versailles, KY
Millersburg, KY
$1,239
$1,071
$929
$919
$913
$729
$695
$675
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Lexington and Surrounding Areas

Rent prices have increased in Lexington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Lexington suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Nicholasville, KY .

  • Rent decreased in Richmond, KY, Winchester, KY, Frankfort, KY, Georgetown, KY, Millersburg, KY, Versailles, KY.

  • 2 suburbs are currently priced higher than the city of Lexington.

  • 5 suburbs are currently priced lower than the city of Lexington.

May 2024 Pricing Trends: Lexington vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Lexington, KY
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$929
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Lexington Rent Prices More Affordable Than Major Cities

Rent growth in Lexington over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Lexington average rent prices appear to be relatively affordable for local residents.

The price for a Lexington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lexington and surrounding area rent prices, take a look at the complete data set below.

Data set for Lexington and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Lexington, KY $929.0 1.31% $1,146.0 1.33%
Nicholasville, KY $1,239.0 0.90% $1,497.0 0.81%
Richmond, KY $729.0 -0.95% $865.0 0.23%
Winchester, KY $913.0 -3.59% $1,066.0 3.60%
Frankfort, KY $919.0 -0.11% $1,509.0 15.99%
Georgetown, KY $1,071.0 -1.02% $1,192.0 2.94%
Millersburg, KY $675.0 -5.20% $910.0 1.00%
Versailles, KY $695.0 0.00% $1,199.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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