Last updated on October 29, 2026

Average rent in
Lexington, KY

Key takeaways for renters

  • Where Lexington rent stands today

    Lexington, KY rent is essentially flat year over year, with a current median of $1,497/month. Month over month, rent cooled 2.0%, reflecting a recent pullback after reaching $1,525/month in September 2026.

  • Lexington, KY is 21.2% more affordable than the $1,900/month national median, offering renters a market that is more accessible than many other metros. The city has 614 total rentals, providing a moderate selection of options.

  • Price ranges

    Studios in Lexington rent for $950/month, 1-bedrooms for $1,002/month, and 2-bedrooms for $1,300/month, with 3-bedrooms at $1,785/month and 4+ bedrooms reaching $3,100/month. Houses rent for a median of $1,950/month while apartments are lower at $1,199/month, reflecting distinct price tiers across property types.

  • Neighborhood spotlight

    Open Gates rents rose 24.6% year over year, contrasting with the citywide trend of essentially flat rents. This neighborhood's increase shows localized strength in Lexington, KY's rental market.

Median rent

Median rent in Lexington

$1,497/mo

Flat

vs previous year

The average rent in Lexington is $1,497 per month as of October 2026. This is 21% below the national average rent, or $403 less per month.

$1.31

average price per square foot

Total rentals

Available rentals in Lexington

614

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Lexington rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lexington, KY

Average rent prices in Lexington have decreased by 2% over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lexington, KY

Rent prices in Lexington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lexington is $1,199, whereas a house costs $1,950. 1-bedroom apartments in Lexington run $1,000 on average, while 2-bedroom apartments are $1,294.

Listings

Studio

$950

22%

12%

1 bedroom

$1,001

6%

1%

2 bedroom

$1,300

No Change

5%

3 bedroom

$1,785

No Change

1%

4 bedroom

$3,100

9%

11%

Studio

Average rent

$950

Last 30 days

22%

Last year

12%

1 bedroom

Average rent

$1,001

Last 30 days

6%

Last year

1%

2 bedroom

Average rent

$1,300

Last 30 days

No Change

Last year

5%

3 bedroom

Average rent

$1,785

Last 30 days

No Change

Last year

1%

4 bedroom

Average rent

$3,100

Last 30 days

9%

Last year

11%

The table above reflects average rent prices in Lexington, KY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lexington, KY compare to other cities?

Compare median rent prices in Lexington and Berea by all bedroom counts and property types.

Lexington

Median rent price$1,497
decreased by21%

lower than the national median

Median rent price$1,062
decreased by44%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, KY is 41% higher than the median rent in Berea, KY.

Cost of living in Lexington, KY

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services4% higher
Groceries2% higher
Health4% lower
Housing20% lower
Transportation4% lower
Utilities12% lower

Discover rentals in Lexington, KY

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

5d+ ago

7.1

Very good

1685 Alexandria Drive, Unit 19A

1685 Alexandria Dr, Lexington, KY 40504

1 bed

1 bath

$525

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1349 Devonport #55 - Photo 1 of 1

5d+ ago

7.1

Very good

1349 Devonport #55

1349 Devonport Dr, Lexington, KY 40504

1 bed

1 bath

$575

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Burley Townhomes - Photo 1 of 1

22h ago

7.8

Very good

Burley Townhomes

301 Burley Ave, Lexington, KY 40503

4 beds

3 baths

$650–$675

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1568 Alexandria Dr #5B - Photo 1 of 1

5d+ ago

Apartment for rent in Lexington

1568 Alexandria Dr #5B, Lexington, KY 40504

2 beds

1 bath

$825

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lexington, KY

Quick answers to common questions about the Lexington rental market.

How much is rent in Lexington?

The average rent in Lexington is $1,497 per month as of October 24, 2026.

Is rent up or down in Lexington?

Average rent prices in Lexington have decreased by 2% over the last month and have remained the same since last year.

How does Lexington rent compare to the national average?

Rent in Lexington is 21% below the national average, which means renters are paying approximately $403 less per month.

Which neighborhoods are most affordable in Lexington?

The most affordable neighborhoods in Lexington are Eastland Parkway ($975/mo), North Upper Street ($1,272/mo), and Shriners ($1,297/mo).

What salary do I need to afford rent in Lexington?

To comfortably afford rent in Lexington, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lexington?

April offers the best rental deals in Lexington, with prices running about 12% lower than September's peak rates. March and April are more competitive for inventory, but the savings make April worth considering over fall rental season.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Berea