Apartments in 40515

1 - 18 of 18 Results
25
3D Tour
$1,170 - 3,180
4057 Mooncoin Way Lexington, KY
1 - 3 BR | Available Now
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Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
13
$1,450
Lexington, KY
3 BR | May. 23, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
10
$1,850
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Pickway Korner
41
$2,750
841 Edgewood Dr Lexington, KY
3 BR | May. 15, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
25
$1,232 - 1,932
3601 Brookewind Way Lexington, KY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
17
$762 - 1,010
PER ROOM
& UNIT
3901 Rapid Run Drive Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
In Unit Laundry
32
$1,775
Lexington, KY
3 BR | May. 14, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
9
$1,350
Lexington, KY
3 BR | Jul. 12, 2024
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Dog Friendly
Cat Friendly
House
2
$825 - 1,095
3351 Cove Lake Dr Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
1
$880 - 989
4070 Victoria Way Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Pickway Korner
47
$3,100
Lexington, KY
4 BR | May. 15, 2024
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Dog Friendly
Cat Friendly
House
Hartland Homeowners
38
$1,400
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
21
$1,699
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
Dishwasher
30
$669 - 799
2020 Armstrong Mill Rd Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
$1,995
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$789 - 1,020
PER
ROOM
3353 Cove Lake Drive Lexington, KY
2 - 3 BR | Available Now
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Townhome
Section 8
2
$1,400
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
$1,400
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1 - 18 of 18 Results
  1. Home
  2. Lexington
  3. 40515

How much does it cost to rent an apartment in 40515?

40515 apartments
Bed Type Average Rent Range
1BR $1,180 $690 - $1,430
2BR $1,410 $800 - $1,730
3BR $1,810 $1,450 - $3,000
Find an Apartment in 40515
Looking for apartments for rent in the 40515 zip code in Lexington, KY? Rentable has a variety of options available for you. Currently, there are 63 units available for rent in this area. The average rent in 40515 is $1,400, and you can find 1-bedroom units starting at $687.

One of the top neighborhoods in 40515 is Pickway Korner. This neighborhood offers a convenient location with access to nearby amenities and attractions. There are also parks and community amenities in the area for residents to enjoy.

If you're searching for apartments near 40515 in Lexington, KY, take a look at Rentable's listings. You'll find a range of options to suit your needs and preferences. Don't miss out on the opportunity to find your next rental in this vibrant area.

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.