How much is the average rent in Lexington, KY for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Lexington, KY is $982, while a 2-bedroom apartment averages $1,320.

Are rents going up or down in Lexington, KY?

Rents in Lexington, KY are on the rise, with average rent prices increasing by about 3% overall. Specifically, 1-bedroom rents have increased by 5% and 2-bedroom rents by 8%.

When is the best time to look for an apartment in Lexington, KY?

The best time to look for an apartment in Lexington, KY is in September, which has less overall demand compared to available inventory, potentially offering better deals. December is also less competitive, while April is the most competitive month.

What are the best neighborhoods to rent an apartment in Lexington, KY?

The best neighborhoods for pet owners include Downtown Lexington, Georgetown, University of Kentucky, and Picadome. For social living, consider North Upper Street, Downtown Lexington, Historic South Hill, and University of Kentucky.

What areas of Lexington, KY are best for budget-conscious renters?

Eastland Parkway is ideal for budget-conscious renters, with the average 1-bedroom rent at $750, which is 20% lower than the city median.

Are there pet-friendly apartments in Lexington, KY?

Yes, there are pet-friendly apartments in Lexington, KY, with 60.02% of listings being pet-friendly.

Are utilities usually included in rent in Lexington, KY?

Utilities are included in 16% of the apartment listings in Lexington, KY.

Cheap Apartments for Rent in Lexington, KY

154 rentals

1d ago

7.8

Very good

1598 Martha Ct

1598 Martha Ct, Lexington, KY 40505

Affordable

1–2 beds

1 bath

$745–$795

Apartment for rent

5d+ ago

Cheap house for rent in Lexington

Cozy 2-bed 1-bath Lexington Home

704 Jackson St, Lexington, KY 40505

Affordable | Outdoor space

2 beds

1 bath

$899

House for rent

Available Mar 30

3713 Hacker Ct Apt 4 #Apt 4 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Lexington

APARTMENT - Lexington, KY

3713 Hacker Ct Apt 4 #Apt 4, Lexington, KY 40517

Affordable | Dishwasher | Ceiling fan

2 beds

1.5 baths

$900

Apartment for rent

4d ago

7.7

Very good

1658 Maywick

1658 Maywick View Ln, Lexington, KY 40504

Affordable

2 beds

1 bath

$945

Apartment for rent

5d+ ago

Cheap Eastland Parkway apartment for rent in Lexington

Affordable | On-site laundry | Storage

2 beds

1 bath

$950

Apartment for rent

Top amenities

Air Conditioning

On-Site Laundry

On-Site Management

Package Service

5d+ ago

Cheap Eastland Parkway house for rent in Lexington

1833 1/2 Marietta Dr, Lexington, KY 40505

Affordable

2 beds

1 bath

$950

House for rent

Nearby rental good for eco-living

$1,200

409 Roosevelt Blvd

Nearby rental good for pet owners

$745–$795

1598 Martha Ct

5d+ ago

Cheap apartment for rent in Lexington

2 Bed 1 or 1 .5 Bath Spacious Apartment Home - Gatewood Court

3573 Laredo Dr #1, Lexington, KY 40517

Affordable | In-unit laundry | Fireplace

2 beds

1.5 baths

$959

Apartment for rent

Available Apr 3

Top amenities

Fireplace

In-Unit Laundry

1m ago

8.8

Very good

Barrel Oaks Apartments

249 E Reynolds Rd, Lexington, KY 40517

Affordable | On-site laundry | Dishwasher

1–3 beds

1–2 baths

$969–$1,399

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Roof Deck

Swimming Pool

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1d ago

7.9

Very good

209 Lakeshore

209 Lakeshore Dr, Lexington, KY 40502

Affordable | Balcony

2 beds

1 bath

$975

Apartment for rent

5d+ ago

Cheap Shriners apartment for rent in Lexington

Affordable | Dishwasher | Oven

2 beds

1 bath

$975

Apartment for rent

Find sweet deals in Lexington

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$745–$795

1598 Martha Ct

$995

460 Lenney Dr #1

$999

1197 1197 Appian Crossing Way - 2 Bed

$999

1197 Appian Crossing Way

1d ago

8.8

Very good

Allison Heights

3401 Gatewood Ct, Lexington, KY 40517

Affordable | In-unit laundry | Balcony

2 beds

1 bath

$979–$999

Apartment for rent

Top amenities

High Ceilings

In-Unit Laundry

5d+ ago

Cheap apartment for rent in Lexington

APARTMENT - Lexington, KY

460 Lenney Dr #1, Lexington, KY 40517

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$995

Apartment for rent

Top amenities

In-Unit Laundry

1197 1197 Appian Crossing Way - 2 Bed - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Lexington

1197 1197 Appian Crossing Way - 2 Bed, Lexington, KY 40517

Affordable | Balcony | Fireplace

2 beds

2 baths

$999

Apartment for rent

5d+ ago

Cheap apartment for rent in Lexington

Unit 505 2 Bedroom 2 Bathroom 950 Sq Ft

1197 Appian Crossing Way, Lexington, KY 40517

Affordable | In-unit laundry | Balcony

2 beds

2 baths

$999

Apartment for rent

Available Apr 3

Top amenities

Fireplace

In-Unit Laundry

5d+ ago

Cheap condo for rent in Lexington

CONDOS - Lexington, KY

421 Redding Rd #57, Lexington, KY 40517

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$1,000

Condo for rent

Top amenities

In-Unit Laundry

1d ago

8.3

Very good

Rivers at Bluegrass

2504 Larkin Rd, Lexington, KY 40503

Affordable

1–2 beds

1 bath

$1,024–$1,449

Apartment for rent

5d+ ago

Cheap apartment for rent in Lexington

1618 Alexandria Dr #2, Lexington, KY 40504

Affordable | On-site laundry

2 beds

1 bath

$1,050

Apartment for rent

Available Mar 26

Top amenities

On-Site Laundry

3D tour

5d+ ago

Cheap apartment for rent in Lexington

227 E Seventh St #102, Lexington, KY 40508

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$1,095

Apartment for rent

Available Mar 17

Top amenities

Dishwasher

Hardwood Floor

In-Unit Laundry

Microwave

2d ago

Cheap Castlewood townhouse for rent in Lexington

161 Wittland Ln, Lexington, KY 40505

Affordable | Outdoor space

2 beds

1.5 baths

$1,100

House for rent

2d ago

Cheap apartment for rent in Lexington

"Cozy 2-Bed Retreat at 1337 Devonport Drive, Lexington – Perfectly Priced & Ideally Located!"

1337 Devonport Dr #4, Lexington, KY 40504

Affordable | Carpet | Air conditioning

2 beds

1 bath

$1,100

Apartment for rent

1d ago

8.5

Very good

Prime Hamburg Apartments

1740 Jennifer Rd, Lexington, KY 40505

Affordable | On-site laundry | On-site management

2 beds

1 bath

$1,110

Apartment for rent

Top amenities

Air Conditioning

Central Heat

On-Site Laundry

On-Site Management

1d ago

8.8

Very good

QUN 217-219

217 Norway St, Lexington, KY 40503

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,125

Apartment for rent

Top amenities

Air Conditioning

Hardwood Floor

In-Unit Laundry

Microwave

15h ago

Cheap condo for rent in Lexington

CONDOS - Ranch - Lexington, KY

749 Terrace View Dr, Lexington, KY 40504

Affordable | Dishwasher

2 beds

1 bath

$1,150

Condo for rent

5d+ ago

Cheap apartment for rent in Lexington

Affordable | Swimming pool | Fitness center

2 beds

2 baths

$1,170

Apartment for rent

Top amenities

Roof Deck

2d ago

Cheap townhouse for rent in Lexington

TOWNHOME - Lexington, KY

737 Terrace View Dr, Lexington, KY 40504

Affordable | On-site laundry | Hardwood floor

2 beds

1 bath

$1,195

House for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Shriners apartment for rent in Lexington

Affordable | Dishwasher | Oven

3 beds

1.5 baths

$1,195

Apartment for rent

2d ago

Very good

356 Radcliffe Rd. Unit B

356 Radcliffe Rd Unit B, Lexington, KY 40505

Affordable

2 beds

1 bath

$1,200

Apartment for rent

2d ago

Cheap house for rent in Lexington

"Charming 3-Bed Oasis in Lexington – Cozy Living at 1076 Tatesbrook Drive!"

1076 Tatesbrook Dr, Lexington, KY 40517

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,200

House for rent

Available May 15

Top amenities

Dishwasher

High Ceilings

In-Unit Laundry

Microwave

On-Site Laundry

3D tour

5d+ ago

Cheap Georgetown house for rent in Lexington

409 Roosevelt

409 Roosevelt Blvd, Lexington, KY 40508

Affordable | On-site laundry | Hardwood floor

3 beds

1 bath

$1,200

House for rent

Available May 8

Top amenities

Microwave

On-Site Laundry

Highly rated

5d+ ago

8.9

Very good

Palomar View Apartments

4121 Reserve Rd, Lexington, KY 40514

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,215–$2,380

Apartment for rent

Top amenities

Carpet

Dishwasher

Fitness Center

In-Unit Laundry

Storage

Swimming Pool

5d+ ago

Cheap apartment for rent in Lexington

Affordable | Swimming pool | Fitness center

2 beds

1 bath

$1,240

Apartment for rent

4d ago

8.5

Very good

Paxson Ct

3203 Paxson Ct, Lexington, KY 40515

Affordable | Outdoor space

2 beds

1 bath

$1,250

Apartment for rent

5d+ ago

Cheap house for rent in Lexington

810 Shelby Ave, Lexington, KY 40505

Affordable | In-unit laundry | Storage

3 beds

1 bath

$1,295

House for rent

Available Apr 17

Top amenities

Air Conditioning

Concierge Service

In-Unit Laundry

On-Site Laundry

Package Service

Storage

5d+ ago

Cheap house for rent in Lexington

537 Asbury Ln, Lexington, KY 40511

Affordable | Dishwasher

3 beds

1 bath

$1,295

House for rent

14h ago

8.3

Very good

170 E Loudon

170 E Loudon Ave, Lexington, KY 40505

Affordable | Dishwasher | Outdoor space

3 beds

1 bath

$1,350

Apartment for rent

5d+ ago

8.3

Very good

217B Creekside Ct.

217B Creekside Ct, Lexington, KY 40504

Affordable

3 beds

1 bath

$1,350

Apartment for rent

3d ago

8.6

Very good

832 W. High Street

832 W High St, Lexington, KY 40508

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,400

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap townhouse for rent in Lexington

289 Osage Court Curtis - 289

289 Osage Ct #289, Lexington, KY 40509

Affordable | On-site laundry | Dishwasher

3 beds

1.5 baths

$1,450

House for rent

Available Apr 13

Top amenities

Ceiling Fan

Microwave

On-Site Laundry

5d+ ago

Cheap apartment for rent in Lexington

SINGLE_FAMILY - Lexington, KY

120 Clyde St, Lexington, KY 40508

Affordable

3 beds

1 bath

$1,450

Apartment for rent

5d+ ago

Cheap house for rent in Lexington

2306 Pierson Drive - 1

2306 Pierson Drive #1, Lexington, KY 40505

Affordable | Hardwood floor | Air conditioning

3 beds

1 bath

$1,455

House for rent

Available Jun 22

Top amenities

Air Conditioning

Cable

Roof Deck

5d+ ago

Cheap townhouse for rent in Lexington

262 Osage Court - 1

262 Osage Ct #1, Lexington, KY 40509

Affordable | On-site laundry | Dishwasher

3 beds

1.5 baths

$1,475

House for rent

Available Mar 28

Top amenities

Dishwasher

Hardwood Floor

On-Site Laundry

2d ago

Cheap house for rent in Lexington

SINGLE_FAMILY - Lexington, KY

1107 Highland Park Dr, Lexington, KY 40505

Affordable | Carpet

3 beds

1 bath

$1,495

House for rent

1h ago

8.6

Very good

Horseman's Ln

1100 Horsemans Ln, Lexington, KY 40504

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$1,500

Apartment for rent

Top amenities

In-Unit Laundry

1d ago

Cheap house for rent in Lexington

1990 Knight Ln, Lexington, KY 40511

Affordable

4 beds

1 bath

$1,500

House for rent

5d+ ago

Cheap house for rent in Lexington

3186 Beaver Creek Drive - 1

3186 Beaver Creek Dr #1, Lexington, KY 40517

Affordable | On-site laundry | Dishwasher

3 beds

1 bath

$1,525

House for rent

Available Mar 24

Top amenities

On-Site Laundry

5d+ ago

Cheap house for rent in Lexington

SINGLE_FAMILY - Ranch - Lexington, KY

3521 Buckhorn Dr, Lexington, KY 40515

Affordable | Dishwasher | Storage

3 beds

1 bath

$1,545

House for rent

Top amenities

Ceiling Fan

15h ago

Cheap Cardinal Valley house for rent in Lexington

1653 Brittany Ln, Lexington, KY 40504

Affordable | Outdoor space

3 beds

1 bath

$1,550

House for rent

2d ago

Very good

401 Patchen Drive

401 Patchen Dr, Lexington, KY 40517

Affordable

3 beds

2 baths

$1,550

Apartment for rent

5d+ ago

Cheap house for rent in Lexington

1252 Hot Springs Ct, Lexington, KY 40517

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$1,550

House for rent

Available Apr 10

Top amenities

Concierge Service

Dishwasher

In-Unit Laundry

On-Site Laundry

Package Service

Storage

5d+ ago

Cheap Cardinal Valley house for rent in Lexington

SINGLE_FAMILY - Lexington, KY

214 Rugby Rd, Lexington, KY 40504

Affordable | In-unit laundry | Carpet

3 beds

1 bath

$1,550

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Showing 1 - 50 of 126 results

Home > Apartments in Lexington > Lexington Cheap Apartments For Rent

Updated: April 23, 2026

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