Apartments in 40504

31 - 35 of 35 Results

10

Belmont Run Apartment for rent in Lexington, KY

$850 - 1,050

Belmont Run

1232 Man O' War Place Lexington, KY

1 - 2 BR | Available Now

Contact

Dog Friendly

Cat Friendly

Student

Fitness Center

Pool

10

The Studios At Belmont Apartment for rent in Lexington, KY

$795

The Studios At Belmont

333 Legion Drive Lexington, KY

Studio | Available Now

Contact

Heat Included

Dog Friendly

Cat Friendly

Luxury

Air Conditioning

11

1340 Royalty Court Apartment for rent in Lexington, KY

$775

1340 Royalty Court

Lexington, KY

1 BR | Available Now

Contact

Dog Friendly

Cat Friendly

House

Surface Parking

North Elizabeth St

15

Christian Towers II Apartment for rent in Lexington, KY

$900

Christian Towers II

1513 Versailles Rd Lexington, KY

1 BR | Available Now

Contact

Dog Friendly

Cat Friendly

Senior Community

Air Conditioning

Surface Parking

9

320 S Broadway Park Apartment for rent in Lexington, KY

$1,600

320 S Broadway Park

2.9

Lexington, KY

4 BR | Available Now

Contact

House

In Unit Laundry

Balcony/Deck/Patio

Dishwasher

Fireplace

31 - 35 of 35 Results

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Lexington
40504

Find an Apartment in 40504

Looking for apartments for rent in the 40504 zip code of Lexington, KY? You're in luck! Rentable currently has 96 units available in this area. The average rent in 40504 is $1,150, with $625 being the lowest for a studio unit.

Ready to find your perfect apartment near 40504? Start your search on Rentable and discover the options available to you. Whether you're looking for a studio, one-bedroom, or larger unit, Rentable has a variety of options to suit your needs. Don't miss out on the opportunity to find your dream apartment in the 40504 zip code of Lexington, KY.

Lexington:
June Rent Report

Welcome to the June 2025 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 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. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

1 BR 2 BR

Lexington Rent Prices Increase From May to June

Lexington rent prices increased over the last month. From May to June, the city experienced a 0.83% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $1,094.0.

When we take a look at the two-bedroom comparison from May to June, Lexington experienced a -0.97% decrease for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,332.0.

June Prices: Lexington vs. Surrounding Areas

Nicholasville, KY

Georgetown, KY

Lexington, KY

Frankfort, KY

Millersburg, KY

Richmond, KY

Winchester, KY

Harrodsburg, KY

$1,475

$1,173

$1,085

$884

$795

$740

$704

$699

$0

$500

$1,000

$1,500

$2,000

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 Richmond, KY .
Rent decreased in Nicholasville, KY, Winchester, KY, Georgetown, KY, Frankfort, KY, Harrodsburg, KY, Millersburg, KY.
2 suburbs are currently priced higher than the city of Lexington.
5 suburbs are currently priced lower than the city of Lexington.

June 2025 Pricing Trends: Lexington vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Pittsburgh, PA

Minneapolis, MN

Lexington, KY

$4,101

$3,197

$2,350

$2,316

$1,870

$1,341

$1,263

$1,247

$1,085

$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 June	1 BR M/M % Change	2 BR June	2 BR M/M % Change
Lexington, KY	$1,085.0	2.65%	$1,345.0	0.67%
Nicholasville, KY	$1,475.0	0.00%	$1,514.0	0.20%
Winchester, KY	$704.0	-9.51%	$1,078.0	0.56%
Georgetown, KY	$1,173.0	-3.46%	$1,533.0	-4.37%
Richmond, KY	$740.0	0.82%	$990.0	0.51%
Frankfort, KY	$884.0	-4.84%	$1,886.0	5.13%
Harrodsburg, KY	$699.0	0.00%	$803.0	-0.12%
Millersburg, KY	$795.0	0.00%	$1,057.0	16.80%

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.