Apartments in 40511

1 - 26 of 26 Results
20
$700 - 985
522 Hollow Creek Rd Lexington, KY
1 - 2 BR | Available Now
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Air Conditioning
Dishwasher
Pool
Green Acres
33
$1,495 - 2,019
1551 Aristides Boulevard Lexington, KY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
20
$1,290 - 1,488
1975 Russell Cave Rd Lexington, KY
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Winburn
27
$2,990
Lexington, KY
4 BR | Available Now
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Dog Friendly
House
9
$525
Lexington, KY
Studio | Available Now
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Dog Friendly
Cat Friendly
St. Martins Village
28
$2,195
Lexington, KY
3 BR | Available Now
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Dog Friendly
House
13
$3,000
Lexington, KY
4 BR | Apr. 5, 2026
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Storage
Dishwasher
Masterson Station
13
$1,750
Lexington, KY
3 BR | Apr. 1, 2026
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Dog Friendly
Cat Friendly
House
Dishwasher
23
$2,550
Lexington, KY
4 BR | Apr. 1, 2026
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House
Dishwasher
13
$1,099
Lexington, KY
2 BR | Available Now
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Dog Friendly
House
Winburn
18
$1,850
Lexington, KY
3 BR | Available Now
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House
Dishwasher
1
$1,695
2656 Michelle Park Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$1,325
Lexington, KY
3 BR | Apr. 14, 2026
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Dog Friendly
Cat Friendly
House
23
$1,899
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
25
$2,395
Lexington, KY
4 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
Dishwasher
13
$1,815
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
1
$1,895
333 Spring Valley Ln Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$1,295
1435 N Forbes Rd Lexington, KY
2 BR | Available Now
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House
Dishwasher
Meadowthorpe
1
$1,295
537 Asbury Ln Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Green Acres
1
$2,100
1164 Winburn Dr Lexington, KY
4 BR | Available Now
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House
Winburn
0
$1,295
1435 N Forbes Rd Lexington, KY
2 BR | Available Now
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House
Dishwasher
Meadowthorpe
1
$795
1817 Gerald Dr Apt F Lexington, KY
2 BR | Apr. 1, 2026
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House
Winburn
46
$815 - 8,151
1024 Greendale Road Lexington, KY
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
23
$660
416 Hollow Creek Rd Lexington, KY
1 BR | Available Now
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Furnished
Balcony/Deck/Patio
Dishwasher
1
$1,115 - 1,215
416 Hollow Creek Rd Lexington, KY
1 - 2 BR | Available Now
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Balcony/Deck/Patio
Storage
Dishwasher
Elkhorn Park
$625 - 850
Lexington, KY
1 - 2 BR | Ask for Availability
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Green Acres
1 - 26 of 26 Results
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How much does it cost to rent an apartment in 40511?

40511 apartments
Bed Type Average Rent Range
Studio $530 $530 - $820
1BR $1,050 $650 - $1,620
2BR $1,300 $850 - $2,020
3BR $1,490 $1,220 - $2,100
4+BR $2,550 $2,100 - $3,000
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 90 units available for rent in this area on Rentable. The average rent in 40511 is $1,490, with studio units starting at $525.

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:
March Rent Report

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

Lexington Rent Prices Decrease From February to March

Lexington rent prices decreased over the last month. From February to March, 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 February to March, 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 $.

March 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.

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