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Apartments in Downtown Lexington

1 - 30 of 205 Results
14
$2,999 - 3,750
Fpr305
305 Grosvenor Ave Lexington, KY
5 BR | Available Now
Contact
Heat Included
Storage
Aylesford
1
$2,250
Pre-leasing Now For The Fall Semester 2025
373 Bucoto Ct Lexington, KY
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Storage
45
$1,875 - 2,125
220 Cedar St
Lexington, KY
2 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
16
$1,925 - 1,950
650 S Mill St Unit 312
Lexington, KY
2 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
42
$2,100 - 2,125
650 S Mill St
Lexington, KY
2 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
14
$2,100
572 Bolivar Ct
Lexington, KY
2 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Historic South Hill
21
$2,100
584 Bolivar St
Lexington, KY
2 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
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 | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Aylesford
1
$1,875
PER
ROOM
235 Lexington
Lexington, KY
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Historic South Hill
15
$1,925
118 Hagerman Ct
Lexington, KY
3 BR | Aug. 6, 2025
Contact
House
Historic South Hill
13
$1,900
115 Hagerman Ct
Lexington, KY
3 BR | Aug. 6, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
22
$1,800
112 Hagerman Ct
Lexington, KY
3 BR | Aug. 6, 2025
Contact
House
Historic South Hill
18
$655 - 990
398 Linden Walk
Lexington, KY
1 - 2 BR | Available Now
Contact
Air Conditioning
1
$1,300
Pre-leasing Now For Fall Semester 2025
179 Prall St Lexington, KY
1 BR | Ask for Availability
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Downtown
Dog Friendly
Cat Friendly
House
Disability Access
14
$1,200
105 Hagerman Ct
Lexington, KY
3 BR | Available Now
Contact
House
Historic South Hill
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 | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Historic South Hill
34
$729
261 Lyndhurst Pl
Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Aylesford
15
$729
265 Lyndhurst Pl
Lexington, KY
1 BR | Available Now
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Dog Friendly
Cat Friendly
Aylesford
0
$2,400
Now Leasing For Fall ‘25
416-2 E Maxwell St Lexington, KY
3 BR | Aug. 1, 2025
Contact
Balcony/Deck/Patio
Dishwasher
Aylesford
1
$1,450
Available Now-not Next Fall!!!
418-1 E Maxwell St Lexington, KY
4 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Aylesford
1
$1,450
Available Now-not Next Fall!
418-2 E Maxwell St Lexington, KY
4 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
Aylesford
3
$2,025 - 2,700
PER
ROOM
418 E Maxwell
Lexington, KY
3 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Aylesford
27
$1,100
Mcl
145-155 Virginia Ave Lexington, KY
1 BR | Available Now
Contact
Surface Parking
Storage
Disability Access
Dishwasher
North Elizabeth St
14
$950
Bluegrass Commons
165 Virginia Avenue Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Air Conditioning
Surface Parking
3
Call for Pricing
Kampus Terraces
317 Transylvania Park Lexington, KY
Studio | Available Now
Contact
Student
12
$1,340
329 S Broadway Park
Lexington, KY
3 BR | Aug. 7, 2025
Contact
Dishwasher
North Elizabeth St
1
$3,000
337 S Broadway Park
Lexington, KY
5 BR | Ask for Availability
Contact
Surface Parking
Storage
Disability Access
North Elizabeth St
1
$1,600
310 S Broadway Park
Lexington, KY
2 BR | Ask for Availability
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Surface Parking
Storage
Disability Access
Dishwasher
North Elizabeth St
1 - 30 of 205 Results
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Frequently Asked Questions

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

Rentable.co has over 201 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 $939 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 $895 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 $1,200 per month.

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

Rentable.co has over 13,188 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 $900 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 $1,080 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 $1,330 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 $1,330 per month, which is lower than the national average of $1,600 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 $36,000 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:
November Rent Report

Welcome to the November 2024 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$1,250
$940
$630
$310
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Lexington Rent Prices Increase From October to November

Lexington rent prices increased over the last month. From October to November, the city experienced a 0.11% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $939.0.

When we take a look at the two-bedroom comparison from October to November, Lexington experienced a -0.17% decrease for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,184.0.

November Prices: Lexington vs. Surrounding Areas

Nicholasville, KY
Georgetown, KY
Frankfort, KY
Lexington, KY
Winchester, KY
Richmond, KY
$1,454
$1,299
$984
$938
$914
$760
$0
$500
$1,000
$1,500
$2,000
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 3 of the Lexington suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Winchester, KY, Frankfort, KY, Georgetown, KY .

  • Rent decreased in Richmond, KY, Nicholasville, KY.

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

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

November 2024 Pricing Trends: Lexington vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Lexington, KY
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$938
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Lexington, KY $938.0 -0.32% $1,186.0 -0.42%
Richmond, KY $760.0 -0.78% $978.0 0.21%
Winchester, KY $914.0 1.67% $1,034.0 9.07%
Nicholasville, KY $1,454.0 -3.77% $1,537.0 -3.27%
Frankfort, KY $984.0 1.23% $1,661.0 -4.87%
Georgetown, KY $1,299.0 5.52% $1,369.0 7.71%

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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