Bedroom count
Property type
Last updated on October 29, 2026
Last updated on October 29, 2026
Bedroom count
Property type
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.
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.
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 in Lexington
$1,497/mo
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.
average price per square foot
Available rentals in Lexington
614
for rent on Zumper.com as of October 2026
Share of Lexington rentals at each price point
Average rent prices in Lexington have decreased by 2% over the last month and have remained the same since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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% |
Listings | ||
|---|---|---|
Downtown Lexington | $1,347 | |
Eastland Parkway | $975 | |
Garden Springs | $1,347 | |
Historic South Hill | $1,725 | |
Lansdowne Merrick | $1,450 | |
Liberty Area | $1,618 | |
Masterson Station | $1,897 | |
North Upper Street | $1,272 | |
Picadome | $1,395 | |
Shriners | $1,297 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,199 | 3% | 2% | |
Condos | $1,650 | 3% | 27% | |
Houses | $1,950 | No Change | 3% | |
Rooms | $889 | 2% | - |
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%
Liberty Area
Average rent
$1,618
Eastland Parkway
Average rent
$975
North Upper Street
Average rent
$1,272
Historic South Hill
Average rent
$1,725
Picadome
Average rent
$1,395
Garden Springs
Average rent
$1,347
Lansdowne Merrick
Average rent
$1,450
Downtown Lexington
Average rent
$1,347
Masterson Station
Average rent
$1,897
Shriners
Average rent
$1,297
Apartments
Average rent
$1,199
Last 30 days
3%
Last year
2%
Condos
Average rent
$1,650
Last 30 days
3%
Last year
27%
Houses
Average rent
$1,950
Last year
3%
Rooms
Average rent
$889
Last 30 days
2%
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.
Compare median rent prices in Lexington and Berea by all bedroom counts and property types.
Lexington
lower than the national median
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.
Explore rent trends in neighboring markets
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 & Services | 4% higher |
| Groceries | 2% higher |
| Health | 4% lower |
| Housing | 20% lower |
| Transportation | 4% lower |
| Utilities | 12% lower |
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Quick answers to common questions about the Lexington rental market.
The average rent in Lexington is $1,497 per month as of October 24, 2026.
Average rent prices in Lexington have decreased by 2% over the last month and have remained the same since last year.
Rent in Lexington is 21% below the national average, which means renters are paying approximately $403 less per month.
The most affordable neighborhoods in Lexington are Eastland Parkway ($975/mo), North Upper Street ($1,272/mo), and Shriners ($1,297/mo).
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.
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.
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).