Apartments in 40503

1 - 22 of 22 Results

26

$1,650

Lexington - Nicholasville Road

2650 Wilhite Dr Lexington, KY

Studio | Available Now

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Dog Friendly

Cat Friendly

Short-term

Air Conditioning

Covered Parking

4

$3,600

220 University Ave

Lexington, KY

4 BR | Ask for Availability

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Storage

Disability Access

North Elizabeth St

6

$920 - 1,050

904 The Axis At 1435

1435 Nicholasville Rd Lexington, KY

Studio - 1 BR | Jul. 1, 2025

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Dog Friendly

Cat Friendly

Balcony/Deck/Patio

Storage

North Elizabeth St

26

$2,200

558 Sheridan Dr

Lexington, KY

3 BR | Available Now

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House

Rosemill

24

$1,500

219 State St

Lexington, KY

4 BR | Available Now

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Dog Friendly

Cat Friendly

House

North Elizabeth St

29

$1,099 - 1,876

Bridle Creek Apartments

3800 Nicholasville Rd Lexington, KY

1 - 3 BR | Dec. 25, 2024

Contact

Dog Friendly

Cat Friendly

Luxury

Air Conditioning

Covered Parking

16

$3,500

809 Comanche Cir

Lexington, KY

4 BR | Available Now

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House

Dishwasher

Rabbit Run

1

$1,750

4 Bedrooms 1 Bath

2228 Eastway Dr Lexington, KY

4 BR | Available Now

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Dog Friendly

Cat Friendly

House

Disability Access

Hill N Dale

14

$1,250

319 Lafayette Pkwy

Lexington, KY

2 BR | Ask for Availability

Contact

Dog Friendly

Cat Friendly

Picadome

20

$1,695

510 Hill N Dale RD

Lexington, KY

4 BR | Jan. 13, 2025

Contact

House

Air Conditioning

Dishwasher

Pasadena

1

$1,295

Affordable Duplex In The Lafayette Area 241211

403 Springhill Dr Lexington, KY

2 BR | Available Now

Contact

Dog Friendly

Cat Friendly

House

Balcony/Deck/Patio

Picadome

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

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

4

$525

Brookhaven

147 Malabu Dr. Lexington, KY

1 BR | Available Now

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1

$1,740 - 2,175

224 Waller Ave.

Lexington, KY

4 - 5 BR | Available Now

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Student

1

$1,740

1485 Elizabeth St

Lexington, KY

4 BR | Available Now

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Student

House

1

$2,175

1529 Elizabeth St

Lexington, KY

5 BR | Available Now

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Student

House

1

$1,320 - 2,175

126 Waller Ave.

Lexington, KY

3 - 5 BR | Available Now

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Student

1

$1,740 - 2,610

114 University Ave.

Lexington, KY

4 - 6 BR | Available Now

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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

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Dog Friendly

Cat Friendly

House

Picadome

1 - 22 of 22 Results

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Lexington
40503

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 75 units to choose from, you're sure to find the perfect place to call home. The average rent in 40503 is $1,410, and there are 1-bedroom units available starting at just $785.

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:
December Rent Report

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

$1,300

$980

$650

$330

$0

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

1 BR 2 BR

Lexington Rent Prices Increase From November to December

Lexington rent prices increased over the last month. From November to December, the city experienced a 3.3% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $970.0.

When we take a look at the two-bedroom comparison from November to December, Lexington experienced a 2.62% increase for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,215.0.

December Prices: Lexington vs. Surrounding Areas

Nicholasville, KY

Lexington, KY

Winchester, KY

Frankfort, KY

Richmond, KY

$1,430

$939

$918

$879

$739

$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 1 of the Lexington suburb increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Winchester, KY .
Rent decreased in Nicholasville, KY, Richmond, KY, Frankfort, KY.
1 suburb is currently priced higher than the city of Lexington.
3 suburbs are currently priced lower than the city of Lexington.

December 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

$4,134

$3,160

$2,389

$2,353

$1,914

$1,318

$1,255

$1,234

$939

$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 December	1 BR M/M % Change	2 BR December	2 BR M/M % Change
Lexington, KY	$939.0	0.11%	$1,184.0	-0.17%
Nicholasville, KY	$1,430.0	-1.65%	$1,459.0	-5.08%
Richmond, KY	$739.0	-2.76%	$927.0	-5.22%
Winchester, KY	$918.0	0.44%	$1,082.0	4.64%
Frankfort, KY	$879.0	-10.67%	$1,705.0	2.65%

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.