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Apartments in 40503

1 - 18 of 18 Results
26
$1,642
Lexington - Nicholasville Road
2650 Wilhite Dr Lexington, KY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
4
$3,600
220 University Ave
Lexington, KY
4 BR | Ask for Availability
Contact
Storage
Disability Access
North Elizabeth St
29
$1,181 - 1,876
Bridle Creek Apartments
3800 Nicholasville Rd Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$1,850
3360 Drayton Pl
Lexington, KY
3 BR | Jan. 1, 2025
Contact
House
Air Conditioning
Dishwasher
6
$920 - 1,050
904 The Axis At 1435
1435 Nicholasville Rd Lexington, KY
Studio - 1 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
North Elizabeth St
14
$1,250
319 Lafayette Pkwy
Lexington, KY
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Picadome
4
$2,200
558 Sheridan Dr
Lexington, KY
3 BR | Dec. 16, 2024
Contact
House
Rosemill
21
$1,995
175 Sioux Rd
5.0
Lexington, KY
4 BR | Available Now
Contact
House
In Unit Laundry
5
$825 - 945
The Axis At 1435
1435 Nicholasville Road Lexington, KY
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
North Elizabeth St
7
$4,200
218 University Ave
Lexington, KY
5 BR | Ask for Availability
Contact
Storage
Disability Access
North Elizabeth St
4
$525
Brookhaven
147 Malabu Dr. Lexington, KY
1 BR | Available Now
Contact
0
$4,400
222 University Ave - Venetian Way
222 University Ave Lexington, KY
5 BR | Ask for Availability
Contact
Surface Parking
Storage
Disability Access
North Elizabeth St
1
$1,740 - 2,610
114 University Ave.
Lexington, KY
4 - 6 BR | Available Now
Contact
Student
1
$1,740 - 2,175
224 Waller Ave.
Lexington, KY
4 - 5 BR | Available Now
Contact
Student
0
$1,725
Beautiful, Historic House! Hardwood Floors, Full Basement, Detached Garage; W/d, Pets Ok!
103 Venice Park Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Picadome
1
$1,740
1485 Elizabeth St
Lexington, KY
4 BR | Available Now
Contact
Student
House
1
$2,175
1529 Elizabeth St
Lexington, KY
5 BR | Available Now
Contact
Student
House
1
$1,320 - 2,175
126 Waller Ave.
Lexington, KY
3 - 5 BR | Available Now
Contact
Student
1 - 18 of 18 Results
  1. Home
  2. Lexington
  3. 40503

How much does it cost to rent an apartment in 40503?

40503 apartments
Bed Type Average Rent Range
Studio $920 $830 - $1,640
1BR $1,180 $770 - $1,450
2BR $1,320 $1,250 - $1,550
3BR $1,860 $1,320 - $2,200
4+BR $1,930 $1,740 - $4,400
Frequently Asked Questions

How many apartments are available in 40503 on Rentable.co?

Rentable.co has 18 apartments available for rent in 40503.

What is the average rent for an apartment in 40503?

The average rent for an apartment in 40503 is around $1,380 per month.

What is the average rent for a two-bedroom apartment in 40503?

The average rent for a two-bedroom apartment in 40503 is around $1,317 per month.

What is the average rent for a one-bedroom apartment in 40503?

The average rent for a one-bedroom apartment in 40503 is around $1,181 per month.

What is the average rent for a studio apartment in 40503?

The average rent for a studio apartment in 40503 is around $920 per month.

Find an Apartment in 40503
Looking for apartments for rent in the 40503 area of Lexington, KY? Rentable has a variety of options available right now. With a total of 71 units to choose from, you're sure to find the perfect place to call home. The average rent in 40503 is $1,380, and there are 1-bedroom units available starting at just $765.

The top neighborhoods in 40503 include North Elizabeth St and Hill N Dale. Living in these areas, you'll have easy access to nearby points of interest, parks, and community amenities. Whether you're looking for a cozy studio apartment or a spacious three-bedroom, Rentable has the listings you need.

Start your apartment search today and find your ideal home in the 40503 area of Lexington, KY. Explore Rentable's apartments near 40503 and discover the perfect place for you.

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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