Apartments in 40503

1 - 23 of 23 Results
$1,620
2650 Wilhite Dr Lexington, KY
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
29
$1,120 - 2,271
3800 Nicholasville Rd Lexington, KY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
5
$825 - 945
1435 Nicholasville Road Lexington, KY
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
North Elizabeth St
21
$1,995
Lexington, KY
4 BR | Available Now
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House
In Unit Laundry
1
$2,000
636 Cardinal Ln Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$5,000
1570 Bluebird Ln Lexington, KY
5 BR | Ask for Availability
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House
Disability Access
Dishwasher
Picadome
14
$1,325
Lexington, KY
2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Dishwasher
Picadome
1
$1,900
328 Broadleaf Ln Lexington, KY
3 BR | Jul. 15, 2026
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House
Storage
Dishwasher
Fireplace
Open Gates
1
$1,995
572 Hadlow St Lexington, KY
3 BR | Jul. 10, 2026
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
45
$1,895
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Indian Hills
15
$1,400
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
North Elizabeth St
6
$970 - 1,020
1435 Nicholasville Rd Lexington, KY
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
North Elizabeth St
19
$2,300
Lexington, KY
3 BR | Jul. 1, 2026
Contact
House
Hill N Dale
0
$2,550 - 5,100
232 Waller Ave Lexington, KY
3 - 6 BR | Aug. 6, 2026
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Dishwasher
North Elizabeth St
1
$1,495
401 Springhill Dr Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Picadome
1
$1,995
529 Reed Ln Lexington, KY
4 BR | Jul. 15, 2026
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House
Picadome
1
$1,800
103 Venice Park Lexington, KY
2 BR | Jul. 1, 2026
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Dog Friendly
Cat Friendly
House
Picadome
4
$525
147 Malabu Dr. Lexington, KY
1 BR | Available Now
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1
$1,740 - 2,175
Lexington, KY
4 - 5 BR | Available Now
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Student
1
$1,740 - 2,610
Lexington, KY
4 - 6 BR | Available Now
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Student
1
$1,740
Lexington, KY
4 BR | Available Now
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Student
House
1
$2,175
Lexington, KY
5 BR | Available Now
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Student
House
1
$1,320 - 2,175
Lexington, KY
3 - 5 BR | Available Now
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Student
1 - 23 of 23 Results
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How much does it cost to rent an apartment in 40503?

40503 apartments
Bed Type Average Rent Range
Studio $1,000 $830 - $1,620
1BR $1,120 $530 - $1,320
2BR $1,430 $1,160 - $1,640
3BR $1,790 $1,360 - $2,550
4+BR $1,940 $1,740 - $5,000
Find an Apartment in 40503
Looking for apartments for rent in the 40503 area of Lexington, KY? Rentable has a variety of options available right now. With a total of 34 units to choose from, you're sure to find the perfect place to call home. The average rent in 40503 is $1,780, and there are 1-bedroom units available starting at just $525.

The top neighborhoods in 40503 include North Elizabeth St and Hill N Dale. Living in these areas, you'll have easy access to nearby points of interest, parks, and community amenities. Whether you're looking for a cozy studio apartment or a spacious three-bedroom, Rentable has the listings you need.

Start your apartment search today and find your ideal home in the 40503 area of Lexington, KY. Explore Rentable's apartments near 40503 and discover the perfect place for you.

Lexington:
June Rent Report

Welcome to the June 2026 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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
$350
$0
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
1 BR       2 BR

Lexington Rent Prices Decrease From May to June

Lexington rent prices decreased over the last month. From May to June, 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 May to June, 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 $.

June 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.

June 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 June 1 BR M/M % Change 2 BR June 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.