Apartments in 40505

1 - 30 of 30 Results

5

$875 - 1,295

200 The Ascent1555

1555 Eastland Pkwy Lexington, KY

Studio - 2 BR | Dec. 30, 2024

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Dishwasher

1

$1,700

122 Fairlawn - Noli Area

122 Fairlawn St Lexington, KY

3 BR | Available Now

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Cat Friendly

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Disability Access

M L King

1

$925 - 950

Bnl150

150 Northland Dr Lexington, KY

1 BR | Available Now

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Surface Parking

Balcony/Deck/Patio

13

$1,675

1770 Bryan Station Rd

Lexington, KY

3 BR | Ask for Availability

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Bryan Station

1

$700

1031 N Limestone

Lexington, KY

1 BR | Available Now

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M L King

4

$850

903 905 Highland Dr

Lexington, KY

2 BR | Available Now

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7

$725

163 Rand Ave

Lexington, KY

1 BR | Available Now

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Dog Friendly

Cat Friendly

1

$1,100

Fhw914

914 N Limestone St Lexington, KY

1 BR | Ask for Availability

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15

$950

810 Maple Ave

Lexington, KY

2 BR | Available Now

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Air Conditioning

M L King

2

$925 - 1,155

400 Gatehouse

1825 Liberty Rd Lexington, KY

1 - 2 BR | Available Now

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1

$1,100 - 1,200

Fhw916

916 N Limestone St Lexington, KY

1 BR | Available Now

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6

$275 - 300

199 E Loudon Ave

Lexington, KY

Studio | Available Now

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M L King

1

$1,000

Sry1133

1133 Kees RD Lexington, KY

1 BR | Available Now

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M L King

1

$925

Revive 1749 - All Utilities Incl

1749 Liberty Rd Lexington, KY

1 BR | Available Now

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10

$850

236 Carlisle Ave

Lexington, KY

1 BR | Available Now

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M L King

7

$1,300

2112 Mimi Ct

Lexington, KY

3 BR | Jan. 6, 2025

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House

14

$895

220 Carlisle Ave

Lexington, KY

2 BR | Available Now

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M L King

1

$700

188 E Loudon

188 E Loudon Ave Lexington, KY

1 BR | Available Now

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M L King

1

$1,895

Charming Renovated Craftsman Bungalow (noli Neighborhood)

122 Wittland Ln Lexington, KY

3 BR | Available Now

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M L King

0

$675

184 E Loudon Ave

Lexington, KY

Studio | Available Now

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M L King

1

$1,700

3 Bedroom And 1 Bath Fenced In House!

1703 Charleston Ct Lexington, KY

3 BR | Available Now

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Eastland Parkway

1

$1,200 - 1,300

170 E Loudon

Lexington, KY

2 - 3 BR | Available Now

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M L King

2

$715

1145 Kees Rd

Lexington, KY

1 BR | Available Now

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M L King

4

$539 - 719

Continental Square

3.6

1508 Continental Square Dr. Lexington, KY

Studio - 2 BR | Available Now

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17

$1,200

Welcome Home To The Meadows! 240912

939 Marcellus Dr Lexington, KY

2 BR | Ask for Availability

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10

$1,400

171 E Loudon

Lexington, KY

3 BR | Available Now

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M L King

6

$555 - 725

PER ROOM
& UNIT

Parkway Plaza

2.3

431 Rogers Road P-2 Lexington, KY

1 - 3 BR | Available Now

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1

$950

673 Anniston Dr

Lexington, KY

2 BR | Available Now

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In Unit Laundry

0

$1,150

Pom511/513

Lisa Dr Lexington, KY

2 BR | Available Now

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Joyland

0

$995

Deep Springs, 2 Bedroom Duplex, Hardwood Floors! 240823

1821 1/2 Marietta Dr Lexington, KY

2 BR | Available Now

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1 - 30 of 30 Results

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Lexington
40505

Find an Apartment in 40505

Looking for apartments for rent in the 40505 zip code of Lexington, KY? Rentable has a variety of options available for you! Currently, there are 53 units for rent in this area. The average rent in 40505 is $930, and you can find studio units starting at just $275.

The top neighborhoods in 40505 are M and L King. These neighborhoods offer convenient access to nearby amenities and parks, making it a great location to consider when searching for a new apartment.

If you're looking for apartments near 40505 in Lexington, KY, Rentable has you covered. We have a wide range of options available to suit your needs and preferences. Explore our listings today and find your perfect rental in the 40505 area!

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.