Townhomes for Rent in Lexington, KY

1 of 10 Results
23
$995 - 1,335
Lc Hamburg Farms
4.4
2498 Aristocracy Circle Lexington, KY
1 - 2 BR | Available Now
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Section 8
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
Dishwasher
0
$1,027 - 1,198
PER
ROOM
Savannah Oaks Townhomes
Blackford Parkway Lexington, KY
2 - 3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
5
$700 - 725
Mt. Tabor Townhomes
633 Mt. Tabor Road Lexington, KY
2 BR | Available Now
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Income Restricted
Section 8
7
$789 - 1,020
PER
ROOM
Eagle Creek Townhomes
3.0
3353 Cove Lake Drive Lexington, KY
2 - 3 BR | Available Now
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Section 8
1
$991 - 1,091
The Waveland Townhomes
4.6
Waveland Museum Lane Lexington, KY
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,050
The Pines
Pinewood Court Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,250
477 East Maxwell Street
3.0
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
Dishwasher
8
$645 - 1,200
The Reserve At Merrick
4.3
3300 Montavesta Rd Lexington, KY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Pool
1
$575
PER
ROOM
223 Woodland Ave
3.0
Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
34
$985 - 1,035
The Reserve At Merrick
3300 Montavesta Road Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
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  3. Townhomes For Rent

How much does it cost to rent a townhomes in Lexington?

townhomes
Bed Type Average Rent Range
1BR $850 $650 - $1,080
2BR $990 $700 - $1,340
3BR $1,090 $1,050 - $1,200
Lexington Apartments
Bed Type Average Rent Range
Studio $780 $380 - $1,150
1BR $970 $600 - $1,330
2BR $1,290 $700 - $1,680
3BR $1,500 $880 - $2,090
4+BR $2,090 $610 - $4,760
Lexington Townhomes For Rent vs. Lexington Average

Lexington:
March Rent Report

Welcome to the March 2023 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 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

Lexington Rent Prices Decrease From February to March

Lexington rent prices decreased over the last month. From February to March, the city experienced a -3.37% decrease for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $1,031.0.

When we take a look at the two-bedroom comparison from February to March, Lexington experienced a -0.76% decrease for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,306.0.

March Prices: Lexington vs. Surrounding Areas

Rent Prices in Lexington and Surrounding Areas

Rent prices have decreased 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 2 of the Lexington suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Frankfort, KY, Winchester, KY .

  • Rent decreased in Nicholasville, KY, Richmond, KY.

  • 1 suburb is currently priced higher than the city of Lexington.

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

March 2023 Pricing Trends: Lexington vs. National Comparisons

Lexington Rent Prices More Affordable Than Major Cities

Rent growth in Lexington over the past year has been declining. 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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Lexington, KY $1,067.0 0.00% $1,316.0 1.23%
Nicholasville, KY $1,092.0 -0.27% $1,600.0 0.00%
Frankfort, KY $956.0 4.03% $1,557.0 1.37%
Winchester, KY $776.0 2.24% $922.0 1.21%
Richmond, KY $735.0 -0.14% $926.0 -1.70%

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.