Last updated on September 14, 2026

Average rent in
Lexington, KY

Key takeaways for renters

  • Where Lexington rent stands today

    Lexington, KY rent rose 6.5% year over year, with a current median of $1,545/month matching the city peak. Renters today are paying $185 more per month on average than last year as rents have climbed steadily since April 2025.

  • Lexington sits 18.7% more affordable than the $1,900/month national median, offering a more accessible market for renters with 529 total rentals available across the city.

  • Price ranges

    In Lexington, studios rent for $1,250/month, 1-bedrooms for $997/month, and 2-bedrooms for $1,350/month, with 3-bedrooms at $1,795/month and 4+ bedrooms at $3,200/month. These bedroom tiers represent the range of rents available across the city.

  • Neighborhood spotlight

    Picadome rents rose 56.7% year over year to $2,500/month, and Historic South Hill increased 23.7% to $2,350/month. Meanwhile, Palomar rents fell 56.4% to $1,525/month and Open Gates dropped 55.8% to $1,460/month, reflecting varied trends within Lexington's overall rising market.

Median rent

Median rent in Lexington

$1,545/mo

increased by7%

vs previous year

The average rent in Lexington is $1,545 per month as of September 2026. This is 19% below the national average rent, or $355 less per month.

$1.38

average price per square foot

Total rentals

Available rentals in Lexington

529

for rent on Zumper.com as of September 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 increased by 1% over the last month and have increased by 7% 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 $1,195, whereas a house costs $1,895. 1-bedroom apartments in Lexington run $995 on average, while 2-bedroom apartments are $1,293.

Listings

Studio

$1,250

1%

4%

1 bedroom

$997

2%

1%

2 bedroom

$1,350

No Change

No Change

3 bedroom

$1,795

No Change

4%

4 bedroom

$3,200

18%

20%

Studio

Average rent

$1,250

Last 30 days

1%

Last year

4%

1 bedroom

Average rent

$997

Last 30 days

2%

Last year

1%

2 bedroom

Average rent

$1,350

Last 30 days

No Change

Last year

No Change

3 bedroom

Average rent

$1,795

Last 30 days

No Change

Last year

4%

4 bedroom

Average rent

$3,200

Last 30 days

18%

Last year

20%

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$1,545
decreased by19%

lower than the national median

Median rent price$1,050
decreased by45%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, KY is 47% 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

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

2d ago

7.1

Very good

1685 Alexandria Drive, Unit 19A

1685 Alexandria Dr, Lexington, KY 40504

1 bed

1 bath

$525

1349 Devonport #55 - Photo 1 of 1

2d ago

7.1

Very good

1349 Devonport #55

1349 Devonport Dr, Lexington, KY 40504

1 bed

1 bath

$575

500 Ohio St #4-4 - Photo 1 of 1

5d+ ago

Apartment for rent in Lexington

1 bed

1 bath

$595

1809 Gerald Dr #A - Photo 1 of 1

3d ago

Apartment for rent in Lexington

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 $1,545 per month as of September 12, 2026.

Is rent up or down in Lexington?

Average rent prices in Lexington have increased by 1% over the last month and have increased by 7% since last year.

How does Lexington rent compare to the national average?

Rent in Lexington is 19% below the national average, which means renters are paying approximately $355 less per month.

Which neighborhoods are most affordable in Lexington?

The most affordable neighborhoods in Lexington are Eastland Parkway ($975/mo), North Upper Street ($1,100/mo), and Plantation ($1,165/mo).

What salary do I need to afford rent in Lexington?

To comfortably afford rent in Lexington, you'd need to earn approximately $62,000/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