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Apartments in 40514

1 - 8 of 8 Results
21
$1,236 - 1,727
Palomar View Apartments
4121 Reserve Rd Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Plantation
18
$2,195
Willow Bend 2 Story Home 240425
756 Woodhaven Pl Lexington, KY
4 BR | May. 17, 2024
Contact
House
Balcony/Deck/Patio
Disability Access
Dishwasher
8
$2,295
Willow Bend Home 240405
713 Rosslyns Dl Lexington, KY
3 BR | May. 15, 2024
Contact
Dog Friendly
House
Storage
Disability Access
20
$1,500
Palomar Woods Apartments
1850 Old Higbee Mill Rd Lexington, KY
2 BR | Jul. 10, 2024
Contact
Dog Friendly
Cat Friendly
Wyndam Downs
36
$2,495
1361 Glenview Dr
Lexington, KY
4 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
Copperfield
20
$1,215 - 1,795
Palomar View Apartments
4121 Reserve Road Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
34
$864 - 1,407
Rm Lexington
4.4
3600 Winthrop Dr Lexington, KY
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
1
$991 - 1,091
The Waveland Townhomes
4.6
Waveland Museum Lane Lexington, KY
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
1 - 8 of 8 Results
  1. Home
  2. Lexington
  3. 40514

How much does it cost to rent an apartment in 40514?

40514 apartments
Bed Type Average Rent Range
1BR $1,220 $860 - $1,240
2BR $1,350 $990 - $1,500
3BR $1,720 $1,090 - $2,300
4+BR $2,350 $2,200 - $2,500
Frequently Asked Questions

How many apartments are available in 40514 on Rentable.co?

Rentable.co has 8 apartments available for rent in 40514.

What is the average rent for an apartment in 40514?

The average rent for an apartment in 40514 is around $1,400 per month.

What is the average rent for a two-bedroom apartment in 40514?

The average rent for a two-bedroom apartment in 40514 is around $1,350 per month.

What is the average rent for a one-bedroom apartment in 40514?

The average rent for a one-bedroom apartment in 40514 is around $1,215 per month.

Find an Apartment in 40514
Looking for apartments for rent in 40514 Lexington, KY? Rentable has a variety of options available in this area. Currently, there are 18 units available for rent in the 40514 zip code. The average rent in this area is $1,360, with the most affordable floor plan starting at $864.

When it comes to neighborhoods, the top choices in 40514 are Plantation and Wyndam Downs. These neighborhoods offer a desirable living environment with convenient access to nearby amenities and attractions.

If you're searching for a place to call home in Lexington, KY near 40514, Rentable has a selection of apartments that meet various preferences and budgets. Whether you're looking for a quiet neighborhood or access to parks and shopping centers, you can find it in 40514. Explore Rentable's listings to find the perfect apartment for your needs.

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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