Last updated on June 15, 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 $1,400/month. Month to month, rent climbed 3.3%, adding $45 compared to last month.

  • Lexington is 28.2% more affordable than the $1,950/month national median, with 404 total rentals offering a moderate-sized market for renters seeking value in Kentucky.

  • Rent ranges by bedroom

    Studios in Lexington run around $995/month, 1-bedrooms at $975/month, 2-bedrooms at $1,350/month, 3-bedrooms at $1,795/month, and 4+ bedrooms at $2,495/month. This range reflects the diversity of rental options by unit size.

  • Neighborhood spotlight

    Beaumont Residential rents rose 23.4% year over year to $1,850/month across 25 rentals, contrasting with the citywide flat trend. Meanwhile, Palomar and Firebrook saw steep declines of -61.2% and -53.3%, respectively.

Median rent

Median rent in Lexington

$1,400/mo

Flat

vs previous year

The average rent in Lexington is $1,400 per month as of June 2026. This is 28% below the national average rent, or $550 less per month.

$1.32

average price per square foot

Total rentals

Available rentals in Lexington

404

for rent on Zumper.com as of June 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 increased by 3% 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 $1,125, whereas a house costs $1,800. 1-bedroom apartments in Lexington run $960 on average, while 2-bedroom apartments are $1,300.

Listings

Studio

$995

2%

5%

1 bedroom

$975

1%

2%

2 bedroom

$1,350

1%

1%

3 bedroom

$1,795

1%

3%

4 bedroom

$2,495

2%

14%

Studio

Average rent

$995

Last 30 days

2%

Last year

5%

1 bedroom

Average rent

$975

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$1,350

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$1,795

Last 30 days

1%

Last year

3%

4 bedroom

Average rent

$2,495

Last 30 days

2%

Last year

14%

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$1,400
decreased by28%

lower than the national median

Median rent price$1,000
decreased by49%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, KY is 40% 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

ETL Apartments 62+ - Photo 1 of 1
Income restricted
Age restricted

3d ago

8.3

Very good

Our team has verified this company

Verified

ETL Apartments 62+

302 Gunn Street, Lexington, KY 40508

1 bed

1 bath

$350

Apartment for rent

Call

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

5d+ 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

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

2d ago

7.7

Very good

1685 Alexandria Drive, Unit 19A

1685 Alexandria Dr, Lexington, KY 40504

1 bed

1 bath

$525

Apartment for rent

1349 Devonport #55 - Photo 1 of 1

2d ago

7.7

Very good

1349 Devonport #55

1349 Devonport Dr, Lexington, KY 40504

1 bed

1 bath

$575

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 $1,400 per month as of June 13, 2026.

Is rent up or down in Lexington?

Average rent prices in Lexington have increased by 3% 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 28% below the national average, which means renters are paying approximately $550 less per month.

Which neighborhoods are most affordable in Lexington?

The most affordable neighborhoods in Lexington are Eastland Parkway ($825/mo), Cardinal Valley ($1,295/mo), and Harrods Hill ($1,347/mo).

What salary do I need to afford rent in Lexington?

To comfortably afford rent in Lexington, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.

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

Lexington's 2025 rental market shows one-bedroom apartments averaging around $990 per month, while two-bedroom units rent for around $1,300 monthly. These figures reflect the current market conditions across the city's diverse neighborhood options.

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