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

Lexington's 2025 rental market shows one-bedroom apartments averaging around $990 per month, while two-bedroom units rent for around $1,300 monthly. These figures reflect the current market conditions across the city's diverse neighborhood options.

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

April offers the best opportunity for apartment hunting in Lexington, featuring the lowest rental prices of the year with approximately 12% savings compared to September's peak rates. March and April see higher competition among renters, while December presents the least competitive environment.

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

University of Kentucky, North Upper Street, Downtown Lexington, and Historic South Hill provide the most vibrant social scenes with high walk scores and abundant dining options. Eastland Parkway and Garden Springs generate the highest consumer interest at 1.7 times the market average, while Liberty Area draws 1.2 times more inquiries than typical neighborhoods.

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

Cardinal Valley offers the most affordable option at around $750 per month, which is 21% below the city median. Eastland Parkway provides another budget-friendly choice at around $780 monthly, sitting 18% below median rates while still generating strong renter interest.

Are there pet-friendly apartments in Lexington, KY?

Pet-friendly policies are available in 46% of Lexington's rental listings, making it the most common amenity in the city. Castlewood, Cardinal Valley, Shriners, and Harrods Hill neighborhoods specifically cater to pet owners with comprehensive amenities including pet waste stations, regular pet events, and no breed restrictions.

Are utilities usually included in rent in Lexington, KY?

Utilities are rarely included in Lexington rental properties, appearing in less than 1% of total listings across all apartment sizes. Studios have the highest rate of utility inclusion at approximately 0.3% of available units, while larger apartments include utilities even less frequently.

Are most apartments in Lexington, KY largely older buildings or new developments?

Lexington's rental market is dominated by ranch-style homes from the post-World War II suburban expansion of the 1950s and 1960s, comprising 63.5% of available properties. Contemporary architecture represents 15.7% of the market, while Colonial-style homes from America's earliest architectural traditions account for 9% of rental options.

Cheap Apartments for Rent in Lexington, KY

157 rentals available

1685 Alexandria Drive, Unit 19A - Photo 1 of 1

1d ago

7.7

Very good

1685 Alexandria Drive, Unit 19A

1685 Alexandria Dr, Lexington, KY 40504

Affordable

1 bed

1 bath

$525

Apartment for rent

5d+ ago

Cheap apartment for rent in Lexington

1809 Gerald Dr #A, Lexington, KY 40511

Affordable

2 beds

1 bath

$795

Apartment for rent

5d+ ago

Cheap apartment for rent in Lexington

311 Christy Allyn Ct #3, Lexington, KY 40509

Affordable | In-unit laundry | Concierge service

2 beds

1 bath

$895

Apartment for rent

Available Jun 12

Top amenities

In-Unit Laundry

On-Site Laundry

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

$895

House for rent

5d+ ago

Cheap Eastland Parkway apartment for rent in Lexington

Affordable | Assigned parking | Balcony

2 beds

1 bath

$900

Apartment for rent

5d+ ago

Cheap apartment for rent in Lexington

189 Donabrook Court

189 Donabrook Ct #8, Lexington, KY 40517

Affordable | In-unit laundry | Dishwasher

2 beds

1.5 baths

$915

Apartment for rent

Top amenities

Air Conditioning

Central Heat

In-Unit Laundry

On-Site Laundry

Nearby rental good for eco-living

$820–$835

129 Transcript Ave

Nearby rental good for pet owners

$945–$1,130

1909 Cambridge Dr

5d+ ago

Cheap apartment for rent in Lexington

3709 Hacker Court - 3

3709 Hacker Ct #3, Lexington, KY 40517

Affordable

2 beds

1.5 baths

$925

Apartment for rent

Available Jun 7

2d ago

Cheap apartment for rent in Lexington

2066 Fairmont Ct #9, Lexington, KY 40502

Affordable

2 beds

1 bath

$945

Apartment for rent

Available Jun 18

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Rent special

3d ago

8.3

Very good

1901 Apartments

1909 Cambridge Dr, Lexington, KY 40504

Affordable | In-unit laundry | Storage

1–2 beds

1 bath

$945–$1,130

Apartment for rent

Top amenities

Air Conditioning

In-Unit Laundry

Microwave

On-Site Laundry

On-Site Management

4d ago

8.5

Very good

2220 Apartments

2220 Devonport Dr, Lexington, KY 40504

Affordable | On-site laundry | On-site management

2 beds

1 bath

$955

Apartment for rent

Top amenities

Air Conditioning

Central Heat

On-Site Laundry

On-Site Management

Residents Lounge

Find sweet deals in Lexington

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

$895

1833 1/2 Marietta Dr

$975

823 Whitney Ave

$1,029

1176 Appian Crossing Way

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

2d ago

8.8

Very good

KLY2009

2009 Cambridge Dr, Lexington, KY 40504

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$975

Apartment for rent

Top amenities

In-Unit Laundry

3D tour

5d+ ago

Cheap Georgetown apartment for rent in Lexington

823 Whitney Ave

823 Whitney Ave, Lexington, KY 40508

Affordable | In-unit laundry | Hardwood floor

2 beds

1 bath

$975

Apartment for rent

Available Jun 11

Top amenities

In-Unit Laundry

Microwave

On-Site Laundry

4d ago

8.4

Very good

Allison Heights

3401 Gatewood Ct, Lexington, KY 40517

Affordable

2 beds

1 bath

$979–$999

Apartment for rent

4d 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

5d+ ago

Cheap Eastland Parkway townhouse for rent in Lexington

TOWNHOME - Lexington, KY

1816 Chatsworth Dr #A, Lexington, KY 40505

Affordable | In-unit laundry | Carpet

2 beds

1 bath

$995

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap apartment for rent in Lexington

APARTMENT - Lexington, KY

441 Lenney Dr #2, Lexington, KY 40517

Affordable

2 beds

1.5 baths

$995

Apartment for rent

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

4d ago

Cheap apartment for rent in Lexington

APARTMENT - Lexington, KY

2977 Winter Gdn #4, Lexington, KY 40517

Affordable | Carpet

2 beds

1 bath

$1,000

Apartment for rent

5d+ ago

Cheap Eastland Parkway house for rent in Lexington

Affordable | Package service

2 beds

1 bath

$1,000

House for rent

2d ago

7.9

Very good

Paxson Ct

3203 Paxson Ct, Lexington, KY 40515

Affordable | Outdoor space

2 beds

1 bath

$1,100

Apartment for rent

4d ago

Cheap house for rent in Lexington

1286 Centre Parkway - 1

1286 Centre Pkwy #1, Lexington, KY 40517

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,100

House for rent

Available Jun 16

Top amenities

Air Conditioning

Dishwasher

On-Site Laundry

2d ago

Very good

209 Lakeshore

209 Lakeshore Dr, Lexington, KY 40502

Affordable

3 beds

2 baths

$1,150

Apartment for rent

5d+ ago

Cheap apartment for rent in Lexington

Affordable | On-site management

2 beds

2 baths

$1,175

Apartment for rent

Top amenities

On-Site Management

5d+ ago

Cheap apartment for rent in Lexington

Affordable | Swimming pool | Fitness center

2 beds

2 baths

$1,185

Apartment for rent

Top amenities

Roof Deck

5d+ ago

Cheap apartment for rent in Lexington

Affordable | On-site management

2 beds

1 bath

$1,265

$1,190

Price drop

Apartment for rent

Top amenities

On-Site Management

4d ago

8.4

Very good

1352 Royalty Court

1352 Royalty Ct, Lexington, KY 40504

Affordable | On-site laundry | Air conditioning

2 beds

1 bath

$1,195

Apartment for rent

Top amenities

On-Site Laundry

4d ago

8.8

Very good

171 Gazette Avenue

171 Gazette Ave, Lexington, KY 40508

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,195

Apartment for rent

Top amenities

Assigned Parking

On-Site Laundry

Oven

5d+ ago

Cheap Liberty Area apartment for rent in Lexington

APARTMENT - Lexington, KY

2548 Danielle Ln, Lexington, KY 40509

Affordable | Dishwasher | Hardwood floor

2 beds

2 baths

$1,300

$1,200

Price drop

Apartment for rent

Highly rated

1d 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

Roof Deck

Swimming Pool

5d+ ago

Cheap house for rent in Lexington

161 Preston Ave #3, Lexington, KY 40502

Affordable

2 beds

1 bath

$1,250

House for rent

5d+ ago

Cheap house for rent in Lexington

3673 Bass Ct, Lexington, KY 40517

Affordable

3 beds

1 bath

$1,250

House for rent

5d+ ago

Cheap townhouse for rent in Lexington

TOWNHOME - Lexington, KY

3873 Sugar Creek Dr, Lexington, KY 40517

Affordable | Garage parking | Dishwasher

3 beds

2.5 baths

$1,295

House for rent

Top amenities

Garage Parking

4d ago

Cheap Georgetown house for rent in Lexington

3BR Home Inside New Circle with Fenced Yard & Off-Street Parking Half off Deposit!

723 Charles Ave, Lexington, KY 40508

Affordable | Outdoor space

3 beds

1 bath

$1,300

House for rent

Available May 23

1d ago

Cheap house for rent in Lexington

One Level Living - Spacious Bedrooms!

235 Carlisle Ave, Lexington, KY 40505

Affordable | In-unit laundry

3 beds

1 bath

$1,350

House for rent

Available Jun 22

Top amenities

In-Unit Laundry

On-Site Laundry

3d ago

8.3

Very good

217B Creekside Ct.

217B Creekside Ct, Lexington, KY 40504

Affordable

3 beds

1 bath

$1,350

Apartment for rent

4d ago

8.5

Very good

170 E Loudon

170 E Loudon Ave, Lexington, KY 40505

Affordable | Dishwasher | Central heat

3 beds

1 bath

$1,350

Apartment for rent

Top amenities

Central Heat

4d ago

Cheap Tates Creek house for rent in Lexington

1321 Leaning Tree Lane B - 1

1321 Leaning Tree Ln #1, Lexington, KY 40517

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$1,395

House for rent

Available Jun 16

Top amenities

Central Heat

In-Unit Laundry

4d ago

Cheap Idle Hour Neighbors house for rent in Lexington

SINGLE_FAMILY - Lexington, KY

181 Saint James Dr, Lexington, KY 40502

Affordable | Garage parking | Carpet

4 beds

1 bath

$1,450

House for rent

Top amenities

Hardwood Floor

5d+ ago

8.5

Very good

R3L433

433 E Maxwell St, Lexington, KY 40508

Affordable | Dishwasher | Microwave

3 beds

1 bath

$1,450

Apartment for rent

5d+ ago

Cheap house for rent in Lexington

SINGLE_FAMILY - Lexington, KY

1072 Hudson Ave, Lexington, KY 40511

Affordable | Garage parking | Carpet

3 beds

1 bath

$1,450

House for rent

3D tour

5d+ ago

Cheap Georgetown house for rent in Lexington

405 Roosevelt

405 Roosevelt Blvd, Lexington, KY 40508

Affordable | On-site laundry | Hardwood floor

3 beds

1 bath

$1,450

House for rent

Available Jun 5

Top amenities

Fireplace

Hardwood Floor

Microwave

On-Site Laundry

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 May 26

Top amenities

Dishwasher

Hardwood Floor

On-Site Laundry

5d+ ago

Cheap townhouse for rent in Lexington

TOWNHOME - Lexington, KY

3697 Crosby Dr #A, Lexington, KY 40517

Affordable | In-unit laundry | Carpet

3 beds

1.5 baths

$1,495

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Cardinal Valley house for rent in Lexington

SINGLE_FAMILY - Lexington, KY

1861 Dunkirk Dr, Lexington, KY 40504

Affordable | Outdoor space

3 beds

1 bath

$1,595

$1,495

Price drop

House for rent

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

$1,495

House for rent

Available Jun 18

Top amenities

Microwave

On-Site Laundry

1d ago

Cheap Bryan Station house for rent in Lexington

"3-Bedroom Duplex at the end of a cul-de-sac!

2010 Fordson Ct, Lexington, KY 40505

Affordable | On-site laundry | Outdoor space

3 beds

1 bath

$1,500

House for rent

Available Jun 22

Top amenities

On-Site Laundry

3d 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

5d+ ago

Cheap house for rent in Lexington

SINGLE_FAMILY - Lexington, KY

1391 Stephen Foster Dr, Lexington, KY 40517

Affordable | Garage parking | Dishwasher

3 beds

1 bath

$1,500

House for rent

Top amenities

Carpet

5d+ ago

Very good

401 Patchen Drive

401 Patchen Dr, Lexington, KY 40517

Affordable

3 beds

2 baths

$1,550

Apartment for rent

Showing 1 - 50 of 136 results

Home > Apartments in Lexington > Lexington Cheap Apartments For Rent

Updated: June 21, 2026

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