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Apartments in 40511

1 - 12 of 12 Results
11
$871 - 1,211
Oakdale Apartments
2445 Mulundy Way Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
20
$747 - 958
Caballo Crossing
Deal
522 Hollow Creek Rd Lexington, KY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Pool
32
$1,214 - 1,844
Fifteen51 Apartments
Deal
1551 Aristides Boulevard Lexington, KY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
In Unit Laundry
36
$2,250
1208 Marlena Ln
Lexington, KY
4 BR | Available Now
Contact
House
Storage
Dishwasher
19
$725
1873 Gerald Dr
Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Winburn
1
$995
905 Paddock Apartments
416 Hollow Creek Rd Lexington, KY
1 BR | Jun. 10, 2024
Contact
Balcony/Deck/Patio
Storage
Elkhorn Park
46
$815 - 8,151
Emerald Twenty Four
1024 Greendale Road Lexington, KY
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
23
$660
The Paddock Apartments
3.2
416 Hollow Creek Rd Lexington, KY
1 BR | Available Now
Contact
Furnished
Balcony/Deck/Patio
Dishwasher
$1,995
147 Ferndale Pass
Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$2,025
133 Ferndale Pass
Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$2,025
155 Ferndale Pass
Lexington, KY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$625 - 850
500 Hollow Creek Road - 500 Rd
Lexington, KY
1 - 2 BR | Ask for Availability
Contact
Green Acres
1 - 12 of 12 Results
  1. Home
  2. Lexington
  3. 40511

How much does it cost to rent an apartment in 40511?

40511 apartments
Bed Type Average Rent Range
Studio $1,230 $820 - $1,280
1BR $990 $650 - $1,480
2BR $1,190 $790 - $2,030
3BR $1,290 $1,210 - $1,370
Frequently Asked Questions

How many apartments are available in 40511 on Rentable.co?

Rentable.co has 12 apartments available for rent in 40511.

What is the average rent for an apartment in 40511?

The average rent for an apartment in 40511 is around $1,220 per month.

What is the average rent for a one-bedroom apartment in 40511?

The average rent for a one-bedroom apartment in 40511 is around $989 per month.

What is the average rent for a two-bedroom apartment in 40511?

The average rent for a two-bedroom apartment in 40511 is around $1,188 per month.

What is the average rent for a studio apartment in 40511?

The average rent for a studio apartment in 40511 is around $1,229 per month.

Find an Apartment in 40511
Looking for apartments for rent in the 40511 zip code of Lexington, KY? Look no further! Right now, there are 68 units available for rent in this area on Rentable. The average rent in 40511 is $1,220, with studio units starting at $625.

Ready to find your next home? Take a look at Rentable's apartments near 40511 Lexington, KY and discover the one that perfectly matches what you're looking for. Explore the various floor plan options and amenities available, and find the perfect place to call home in the 40511 zip code.

Lexington:
April Rent Report

Welcome to the April 2024 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Lexington Rent Prices Increase From March to April

Lexington rent prices increased over the last month. From March to April, the city experienced a 1.31% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $929.0.

When we take a look at the two-bedroom comparison from March to April, Lexington experienced a 1.33% increase for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,146.0.

April Prices: Lexington vs. Surrounding Areas

Nicholasville, KY
Winchester, KY
Frankfort, KY
Lexington, KY
Richmond, KY
Millersburg, KY
$1,228
$947
$920
$917
$736
$712
$0
$400
$800
$1,200
$1,600
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 3 of the Lexington suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Nicholasville, KY, Winchester, KY, Frankfort, KY .

  • Rent decreased in Richmond, KY, Millersburg, KY.

  • 2 suburbs are currently priced higher than the city of Lexington.

  • 3 suburbs are currently priced lower than the city of Lexington.

April 2024 Pricing Trends: Lexington vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Lexington, KY
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$917
$0
$1,300
$2,600
$3,900
$5,200
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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Lexington, KY $917.0 1.78% $1,131.0 -0.96%
Richmond, KY $736.0 -3.54% $863.0 -3.25%
Nicholasville, KY $1,228.0 3.02% $1,485.0 1.43%
Winchester, KY $947.0 0.32% $1,029.0 1.38%
Frankfort, KY $920.0 1.10% $1,301.0 -1.29%
Millersburg, KY $712.0 -0.14% $901.0 0.11%

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.

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