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Apartments in Downtown Lexington

61 - 90 of 139 Results
1
$1,740
232 Conn Terrace
Lexington, KY
4 BR | Available Now
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Student
1
$1,740
236 Conn Terrace
Lexington, KY
4 BR | Available Now
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Student
4
$825 - 1,420
PER
ROOM
Signature
840 Angliana Ave Lexington, KY
1 - 4 BR | Aug. 17, 2024
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Dog Friendly
Cat Friendly
Student
Luxury
Pleasant Green Hill
23
$1,195
521/527 E. Main Street
Lexington, KY
1 BR | Jul. 6, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Aylesford Place
1
$1,740 - 2,610
114 University Ave.
Lexington, KY
4 - 6 BR | Available Now
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Student
12
$850
Kra422
422 Pyke Rd Lexington, KY
1 BR | Aug. 12, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
8
$900
214 Race St
Lexington, KY
1 BR | Available Now
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House
10
$795
The Studios At Belmont
333 Legion Drive Lexington, KY
Studio | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
4
$625
Omni Place
3.4
333 Legion Dr # 223 Lexington, KY
Studio | Available Now
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Air Conditioning
Storage
4
$2,850
220 University Ave
Lexington, KY
4 BR | Ask for Availability
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Storage
Disability Access
North Elizabeth St
1
$1,320 - 2,175
126 Waller Ave.
Lexington, KY
3 - 5 BR | Available Now
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Student
2
$650
History. Remade.
136 E 4th St Lexington, KY
1 BR | Jun. 14, 2024
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Storage
Disability Access
2
$995 - 1,095
901 Belmont Run
1232 Man O War Pl #2 Lexington, KY
1 - 2 BR | Jun. 7, 2024
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
9
$695 - 770
Belmont Run
4.4
1232 Man O War Place #2 Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Fitness Center
Dishwasher
10
$850 - 1,050
Belmont Run
1232 Man O' War Place Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Fitness Center
Pool
11
$775
1340 Royalty Court
Lexington, KY
1 BR | Aug. 1, 2024
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Dog Friendly
Cat Friendly
House
Surface Parking
North Elizabeth St
1
$1,740 - 2,175
224 Waller Ave.
Lexington, KY
4 - 5 BR | Available Now
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Student
6
$745 - 1,400
353 Waller Ave
Lexington, KY
1 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Fitness Center
Storage
20
$660
1341 Royalty Ct
Lexington, KY
1 BR | Available Now
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Dog Friendly
Cat Friendly
North Elizabeth St
20
$660
1341 Royalty Ct
Lexington, KY
1 BR | Available Now
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Dog Friendly
Cat Friendly
North Elizabeth St
11
$795
1352 Royalty Ct
Lexington, KY
1 BR | Aug. 1, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
$425 - 475
Imperial Studio
2.6
381 Elain Drive Lexington, KY
Studio | Available Now
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Heat Included
Furnished
Air Conditioning
6
$895
Royal Court Apartments, Llc
1353 1349 Royalty Ct Lexington, KY
1 BR | Jul. 20, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
14
$750
1356 Royalty Court
Lexington, KY
1 BR | Jul. 31, 2024
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Dog Friendly
Cat Friendly
House
North Elizabeth St
6
$895
423 N Martin Luther King Blvd
Lexington, KY
1 BR | Available Now
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Dog Friendly
Cat Friendly
19
$1,395
434 N Martin Luther King Blvd #101
Lexington, KY
2 BR | Jul. 1, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
$3,300
Now Pre-leasing For Fall Semester 2024
501 Addison Ave Lexington, KY
5 BR | Ask for Availability
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House
Storage
Disability Access
$800
413 E 4th St
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
5
$825 - 945
The Axis At 1435
1435 Nicholasville Road Lexington, KY
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
North Elizabeth St
6
$845 - 975
904 The Axis At 1435
1435 Nicholasville Rd Lexington, KY
Studio - 1 BR | Aug. 1, 2024
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
North Elizabeth St
61 - 90 of 139 Results
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Frequently Asked Questions

How many apartments are available in Downtown on Rentable.co?

Rentable.co has over 145 apartments available near Downtown.

What is the average rent for a studio apartment in Downtown?

The average rent for a studio apartment near Downtown is around $860 per month.

What is the average rent for a one-bedroom apartment in Downtown?

The average rent for a one-bedroom apartment near Downtown is around $895 per month.

What is the average rent for a two-bedroom apartment in Downtown?

The average rent for a two-bedroom apartment near Downtown is around $1,061 per month.

How many apartments are available in Lexington, KY on Rentable.co?

Rentable.co has over 12,536 apartments available in Lexington.

What is the average rent for a studio apartment in Lexington, KY?

The average rent for a studio apartment in Lexington is around $840 per month.

What is the average rent for a one-bedroom apartment in Lexington, KY?

The average rent for a one-bedroom apartment in Lexington is around $960 per month.

What is the average rent for a two-bedroom apartment in Lexington, KY?

The average rent for a two-bedroom apartment in Lexington is around $1,200 per month.

How expensive is it to rent an apartment in Lexington, KY?

For a two-bedroom apartment in Lexington, the average rent price is $1,200 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Lexington, KY?

Based on average rent prices in Lexington, to afford a studio apartment you would need an annual household income of $34,000 to live comfortably.

Downtown Neighborhood Summary

When you live in Downtown Lexington, you are living right at the pulse the city. Whether you’re living in a modern loft or a renovated historic duplex, you’ll never run out of things to do right outside your door. There are numerous restaurants, coffee houses, bars, shops, entertainment venues, and cultural institutions in the area. This is also one of the most walkable areas of the city, so if you’re without a vehicle, this is an incredibly convenient area of town to live in. The area is popular with young professionals because of its proximity to major workplaces. Students also love this area because it borders campus, while also offering the best amenities in Lexington.

Lexington:
May Rent Report

Welcome to the May 2024 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Lexington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lexington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lexington average rent prices in the chart below.

Monthly Rent Report

$1,350
$1,010
$680
$340
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Lexington Rent Prices Increase From April to May

Lexington rent prices increased over the last month. From April to May, the city experienced a 0.65% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $935.0.

When we take a look at the two-bedroom comparison from April to May, Lexington experienced a 2.18% increase for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,171.0.

May Prices: Lexington vs. Surrounding Areas

Nicholasville, KY
Georgetown, KY
Lexington, KY
Frankfort, KY
Winchester, KY
Richmond, KY
Versailles, KY
Millersburg, KY
$1,239
$1,071
$929
$919
$913
$729
$695
$675
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Lexington and Surrounding Areas

Rent prices have increased in Lexington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Lexington suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Nicholasville, KY .

  • Rent decreased in Richmond, KY, Winchester, KY, Frankfort, KY, Georgetown, KY, Millersburg, KY, Versailles, KY.

  • 2 suburbs are currently priced higher than the city of Lexington.

  • 5 suburbs are currently priced lower than the city of Lexington.

May 2024 Pricing Trends: Lexington vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Lexington, KY
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$929
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Lexington Rent Prices More Affordable Than Major Cities

Rent growth in Lexington over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Lexington average rent prices appear to be relatively affordable for local residents.

The price for a Lexington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lexington and surrounding area rent prices, take a look at the complete data set below.

Data set for Lexington and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Lexington, KY $929.0 1.31% $1,146.0 1.33%
Nicholasville, KY $1,239.0 0.90% $1,497.0 0.81%
Richmond, KY $729.0 -0.95% $865.0 0.23%
Winchester, KY $913.0 -3.59% $1,066.0 3.60%
Frankfort, KY $919.0 -0.11% $1,509.0 15.99%
Georgetown, KY $1,071.0 -1.02% $1,192.0 2.94%
Millersburg, KY $675.0 -5.20% $910.0 1.00%
Versailles, KY $695.0 0.00% $1,199.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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