Apartments for Rent in Liberty Area, Lexington, KY

Liberty Area, Lexington apartment availability

Liberty Area in Lexington offers a strong selection of rental listings, with an average of 58 rentals available each month. The neighborhood's rental market primarily features 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments cater to pet owners, with around 76% allowing small dogs and having pet-friendly policies in place. This makes Liberty Area a great option for renters with pets.

Liberty Area, Lexington rental market trends

The Liberty Area in Lexington saw a slight decrease in average monthly rent in 2024, with a year-over-year decrease of 0.2% to $1,571. 1-bedrooms averaged $1,485 per month, a 1.2% decrease from the previous year, while 2-bedrooms averaged $1,623, a 0.2% decrease. The average rent for a 3-bedroom was $1,723, a 1.8% decrease. However, studios saw a significant increase of 41.4% to $1,095.

The summer months tend to see higher demand and prices in the Liberty Area, with August typically having the highest rent, 6.7% higher than March, the month with the lowest rent. If you're searching for a new apartment, March may be a good time to find a deal. On the other hand, if you're looking to rent out a property, August may be the best time to capitalize on the higher demand.

Why Liberty Area, Lexington is a great place to live

The Liberty Area in Lexington is a hub for renters seeking an active social life and prioritizing fitness and wellness. With numerous apartments offering onsite pool and spa facilities, gym equipment, and fitness centers, it's easy to maintain a healthy lifestyle. Additionally, health and wellness events are common in the area, further supporting a balanced lifestyle. The neighborhood's infrastructure, including walkable streets, frequent transit options, and a mix of age groups, fosters a vibrant social scene. Safety is also a notable aspect of the area, making it an attractive choice for those who value community engagement and overall well-being. If you're looking for a neighborhood that supports both physical and social activity, the Liberty Area is an excellent option.