Apartments in 40502

31 - 33 of 33 Results
1
$1,050 - 1,100
311 Duke Rd Lexington, KY
Studio - 1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
1
$1,740 - 2,175
Lexington, KY
4 - 5 BR | Available Now
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2
$849
Lexington, KY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Idle Hour Neighbors
31 - 33 of 33 Results
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How much does it cost to rent an apartment in 40502?

40502 apartments
Bed Type Average Rent Range
Studio $860 $800 - $2,200
1BR $1,160 $650 - $2,810
2BR $1,500 $890 - $5,010
3BR $2,300 $1,070 - $2,940
4+BR $1,750 $1,740 - $3,600
Find an Apartment in 40502
Are you searching for apartments in the 40502 zip code of Lexington, KY? Look no further! Rentable has a variety of options available to suit your needs. Currently, there are 188 apartments for rent in 40502, with an average rent of $1,410. The minimum rent for a 1-bedroom floor plan starts at $647.

Some of the top neighborhoods in this area include Idle Hour Neighbors, Garden Springs, and Chevy Chase - Ashland Park. These neighborhoods offer a great blend of residential charm and convenient access to amenities. Nearby, you'll find parks like Idle Hour Park and community amenities such as restaurants and shops.

Don't miss out on the opportunity to find your perfect rental in the 40502 area. Explore Rentable's apartments near 40502 and discover your ideal home today.

Lexington:
February Rent Report

Welcome to the February 2026 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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

$1,400
$1,050
$700
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$0
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Feb. 2026
1 BR       2 BR

Lexington Rent Prices Decrease From January to February

Lexington rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Lexington experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $.

February 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 0 of the Lexington suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lexington suburbs

  • Rents did not decrease in any of the Lexington suburbs.

February 2026 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 February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

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.