Apartments in 40514

1 - 7 of 7 Results
133
$1,520 - 1,786
4121 Reserve Rd Lexington, KY
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
22
$1,571
3765 Winthrop Dr Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
20
$1,215 - 1,795
4121 Reserve Road Lexington, KY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
36
$2,495
Lexington, KY
4 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
Copperfield
34
$864 - 1,407
3600 Winthrop Dr Lexington, KY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
20
$1,500
1850 Old Higbee Mill Rd Lexington, KY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Wyndam Downs
1
$991 - 1,091
Waveland Museum Lane Lexington, KY
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
1 - 7 of 7 Results
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How much does it cost to rent an apartment in 40514?

40514 apartments
Bed Type Average Rent Range
1BR $1,100 $860 - $1,220
2BR $1,520 $1,000 - $1,570
3BR $1,740 $1,090 - $1,790
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 24 units available for rent in the 40514 zip code. The average rent in this area is $1,510, 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:
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
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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.