Apartments in 40509

1 - 21 of 21 Results
21
3D Tour
$1,378 - 2,882
2365 Sir Barton Road Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
33
Call for Pricing
4176 Todds Rd Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
26
$1,313 - 1,761
1809 Meeting St Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
30
$1,394 - 2,134
2785 Polo Club Blvd Lexington, KY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
11
$894 - 984
2875 Palumbo Dr. Lexington, KY
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
11
$895
2845 Palumbo Drive Lexington, KY
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
25
$1,239 - 2,469
3170 Mapleleaf Dr Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
26
$2,950
Lexington, KY
4 BR | Available Now
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Dog Friendly
House
26
$2,100
Lexington, KY
3 BR | Available Now
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House
In Unit Laundry
Dishwasher
18
$2,300
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$2,900
Lexington, KY
4 BR | Available Now
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Cat Friendly
House
Balcony/Deck/Patio
Storage
18
$1,500
Lexington, KY
2 BR | Available Now
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Dog Friendly
House
Liberty Area
1
$1,995
3036 Many Oaks Park Lexington, KY
3 BR | Ask for Availability
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House
Air Conditioning
Storage
Dishwasher
Fireplace
1
$1,895
184 Acorn Falls Dr Lexington, KY
3 BR | Available Now
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House
Balcony/Deck/Patio
Dishwasher
1
$1,395
Lexington, KY
2 BR | Available Now
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10
$685 - 875
305 Lindenhurst Dr Lexington, KY
1 - 2 BR | Available Now
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Cat Friendly
Luxury
In Unit Laundry
Fitness Center
6
$740 - 880
175 N. Mt. Tabor Road Lexington, KY
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Covered Parking
15
$595 - 930
3.2
175 N. Locust Hill Drive Lexington, KY
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Balcony/Deck/Patio
23
$995 - 1,335
2498 Aristocracy Circle Lexington, KY
1 - 2 BR | Available Now
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Luxury
Townhome
Section 8
In Unit Laundry
Balcony/Deck/Patio
1
$1,050
Pinewood Court Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
0
$1,027 - 1,198
PER
ROOM
Blackford Parkway Lexington, KY
2 - 3 BR | Ask for Availability
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1 - 21 of 21 Results
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  3. 40509

How much does it cost to rent an apartment in 40509?

40509 apartments
Bed Type Average Rent Range
1BR $1,320 $680 - $1,660
2BR $1,640 $810 - $1,860
3BR $1,990 $1,050 - $2,300
Find an Apartment in 40509
Looking for apartments for rent near 40509 in Lexington, KY? Rentable has 84 units available for rent in this area. The average rent for apartments in 40509 is $1,420, with 1-bedroom units starting at $677.

With a range of floor plans and rental options available, Rentable's apartments near 40509 are sure to have something that fits your needs. Take a look at our listings and find your perfect rental in the 40509 area of Lexington, KY.

Lexington:
December Rent Report

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

Lexington Rent Prices Decrease From November to December

Lexington rent prices decreased over the last month. From November to December, 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 November to December, 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 $.

December 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.

December 2025 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 December 1 BR M/M % Change 2 BR December 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.