Last updated on July 31, 2026

Average rent in
Lexington, KY

Key takeaways for renters

  • Where Lexington, KY rent stands today

    Rent in Lexington, KY rose modestly year over year, with a current median of $1,425/month. This is $52 more per month than last year, while month-to-month rent remains unchanged.

  • Lexington is 26.2% more affordable than the $1,930/month national median, making it an accessible market for renters seeking value. The city has 404 total rentals available, providing a moderate selection.

  • Rent ranges by bedroom

    Studio rents in Lexington are $1,020/month, 1-bedrooms are $975/month, 2-bedrooms are $1,350/month, 3-bedrooms are $1,795/month, and 4+ bedrooms are $2,450/month. These figures show a broad range of options by bedroom count for renters.

Median rent

Median rent in Lexington

$1,425/mo

increased by2%

vs previous year

The average rent in Lexington is $1,425 per month as of July 2026. This is 26% below the national average rent, or $505 less per month.

$1.33

average price per square foot

Total rentals

Available rentals in Lexington

404

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Lexington rentals at each price point

55%41%28%14%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 remained the same over the last month and have increased by 2% 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 $1,138, whereas a house costs $1,850. 1-bedroom apartments in Lexington run $975 on average, while 2-bedroom apartments are $1,295.

Listings

Studio

$1,020

6%

6%

1 bedroom

$975

2%

5%

2 bedroom

$1,349

1%

2%

3 bedroom

$1,795

2%

2%

4 bedroom

$2,450

1%

6%

Studio

Average rent

$1,020

Last 30 days

6%

Last year

6%

1 bedroom

Average rent

$975

Last 30 days

2%

Last year

5%

2 bedroom

Average rent

$1,349

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,795

Last 30 days

2%

Last year

2%

4 bedroom

Average rent

$2,450

Last 30 days

1%

Last year

6%

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$1,425
decreased by26%

lower than the national median

Median rent price$975
decreased by49%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, KY is 46% 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 & Services3% higher
Groceries1% higher
Health5% lower
Housing23% lower
Transportation4% lower
Utilities12% lower

Discover rentals in Lexington, KY

Russell School Senior - Photo 1 of 1
Income restricted
Age restricted

2d ago

8.6

Very good

Our team has verified this company

Verified

Russell School Senior

211 West Fifth Street, Lexington, KY 40508

1 bed

1 bath

$350

Apartment for rent

Call

1349 Devonport #55 - Photo 1 of 1

5d+ ago

7.7

Very good

1349 Devonport #55

1349 Devonport Dr, Lexington, KY 40504

1 bed

1 bath

$575

Apartment for rent

1809 Gerald Dr #A - Photo 1 of 1

5d+ ago

Apartment for rent in Lexington

Apartment for rent

700 LSA - Photo 1 of 1
Highly rated

5d+ ago

7.6

Very good

700 LSA

129 Transcript Ave, Lexington, KY 40508

3 beds

2 baths

$820–$835

Apartment for rent

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 $1,425 per month as of July 25, 2026.

Is rent up or down in Lexington?

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

How does Lexington rent compare to the national average?

Rent in Lexington is 26% below the national average, which means renters are paying approximately $505 less per month.

Which neighborhoods are most affordable in Lexington?

The most affordable neighborhoods in Lexington are Eastland Parkway ($805/mo), North Upper Street ($1,162/mo), and University Of Kentucky ($1,303/mo).

What salary do I need to afford rent in Lexington?

To comfortably afford rent in Lexington, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.

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

Based on Zumper's July 2026 data, two-bedroom apartments in Lexington average around $1,360/month, up 1.9% year over year, while one-bedroom pricing data isn't specifically broken out in the current market averages.

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