Apartments in 40508

31 - 60 of 64 Results

1

$725

167 Eastern Ave

Lexington, KY

Studio | May. 31, 2024

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Heat Included

2

$625

530 Michigan St

Lexington, KY

1 BR | May. 10, 2024

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Storage

Disability Access

15

$2,750

360 Woodland Ave

Lexington, KY

5 BR | Aug. 1, 2024

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Dog Friendly

Cat Friendly

House

Air Conditioning

Dishwasher

10

$695

117 Hagerman Ct

Lexington, KY

Studio | Aug. 7, 2024

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Dog Friendly

Cat Friendly

Air Conditioning

Historic South Hill

3

$1,225 - 1,700

903 The Flats At 345

345 Blackburn Ave Lexington, KY

1 - 2 BR | Jul. 11, 2024

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Dog Friendly

Cat Friendly

Fitness Center

Storage

Disability Access

1

$1,075

903B The Flats At 345 Phase 2

325 Blackburn Ave Lexington, KY

1 BR | Aug. 14, 2024

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Cat Friendly

Fitness Center

Storage

Dishwasher

2

$850

The Heights, Llc

817 W High St Lexington, KY

1 BR | Jun. 10, 2024

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Dog Friendly

Cat Friendly

Surface Parking

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16

$795

156 Eddie St

Lexington, KY

1 BR | Available Now

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Dog Friendly

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House

M L King

1

$745

700 Lsa

129 Transcript Ave #2 Lexington, KY

3 BR | Aug. 9, 2024

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Dog Friendly

Cat Friendly

Surface Parking

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North Elizabeth St

11

$1,050

221 E Maxwell St

Lexington, KY

2 BR | Aug. 10, 2024

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Dog Friendly

Cat Friendly

Air Conditioning

Downtown

13

$695

550 Smith St

Lexington, KY

1 BR | Available Now

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Dog Friendly

Cat Friendly

25

$2,750

356 Merino St #101

Lexington, KY

3 BR | Jul. 25, 2024

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Dog Friendly

Cat Friendly

House

Air Conditioning

Woodward Heights

1

$575

411 East 6th

411 E 6th St Lexington, KY

Studio | May. 31, 2024

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Storage

2

$650

History. Remade.

136 E 4th St Lexington, KY

1 BR | May. 31, 2024

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Storage

Disability Access

1

$698

115 W Loudon Ave

Lexington, KY

Studio | Available Now

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Air Conditioning

M L King

8

$650

308 East 7th

308 E 7th St Lexington, KY

Studio | Available Now

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M L King

11

$1,400

Within Walking Distance To Campus!

371 Linden Walk Lexington, KY

2 BR | Aug. 1, 2024

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Cat Friendly

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Aylesford

1

$750

201 E Maxwell St

Lexington, KY

1 BR | Aug. 10, 2024

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Dog Friendly

Cat Friendly

Air Conditioning

Dishwasher

Downtown

41

$970 - 1,595

The Flats At 345

345 Blackburn Ave Lexington, KY

1 - 2 BR | Ask for Availability

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Dog Friendly

Cat Friendly

Virtual Tour

Luxury

In Unit Laundry

12

$1,050

426 E 5th St

Lexington, KY

Studio | Available Now

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House

7

$540 - 550

417 Woodland Ave

Lexington, KY

1 - 5 BR | Available Now

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In Unit Laundry

Dishwasher

20

$525 - 909

PER
ROOM

The Wyatt

2.2

497 Angliana Avenue Lexington, KY

1 - 4 BR | Available Now

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Heat Included

Furnished

Dog Friendly

Cat Friendly

Student

18

$655 - 990

398 Linden Walk

Lexington, KY

1 - 2 BR | Available Now

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Air Conditioning

48

$620 - 920

PER ROOM
& UNIT

Limestone Square Apartments

129 Transcript Avenue Lexington, KY

1 - 3 BR | Available Now

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Student

Virtual Tour

In Unit Laundry

21

$895

2053 Coburn Blvd

Lexington, KY

1 BR | Available Now

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Furnished

Storage

Idle Hour Neighbors

14

$900

447 Glen Arvin Ave

Lexington, KY

2 BR | Available Now

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Dog Friendly

House

Storage

St. Martins Village

1

$1,025

129 Transcript Ave #2

Lexington, KY

1 BR | Jul. 15, 2024

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Dog Friendly

Cat Friendly

Surface Parking

Storage

North Elizabeth St

3

$2,025 - 2,700

PER
ROOM

418 E Maxwell

Lexington, KY

3 - 4 BR | Aug. 1, 2024

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Dog Friendly

Cat Friendly

Storage

Dishwasher

Aylesford

2

$1,500

PER
ROOM

312 South Upper

Lexington, KY

2 BR | Aug. 1, 2024

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Dog Friendly

Cat Friendly

Storage

Dishwasher

Historic South Hill

$800

413 E 4th St

Lexington, KY

2 BR | Available Now

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Air Conditioning

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31 - 60 of 64 Results

Home
Lexington
40508

Find an Apartment in 40508

Looking for apartments for rent in the 40508 zip code in Lexington, KY? Rentable currently has 162 available units in this area. The average rent in 40508 is $1,000, with the lowest rent for a studio floor plan starting at $575.

The top neighborhoods in 40508 are Downtown, Historic South Hill, and Aylesford. Living in one of these neighborhoods will give you easy access to all that downtown Lexington has to offer, including restaurants, shops, and entertainment venues.

If you enjoy spending time outdoors, there are several parks near the 40508 zip code. One popular option is Woodland Park, which features walking trails, a playground, and picnic areas. Additionally, nearby Gratz Park offers a serene green space in the heart of the city.

If you're searching for apartments near 40508, Rentable has a variety of options that may suit your needs. Browse our listings to find the perfect rental in this vibrant area of 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.