Apartments in 40517

31 - 33 of 33 Results
8
$559 - 839
3401 Gatewood Ct Lexington, KY
1 - 3 BR | Available Now
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1
$899 - 999
Lexington, KY
1 - 2 BR | Available Now
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$640 - 920
249 E Reynolds Road Lexington, KY
1 - 3 BR | Available Now
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How much does it cost to rent an apartment in 40517?

40517 apartments
Bed Type Average Rent Range
Studio $1,650 $1,030 - $1,650
1BR $910 $590 - $990
2BR $1,060 $700 - $1,390
3BR $1,330 $840 - $1,700
4+BR $1,860 $1,700 - $2,050
Find an Apartment in 40517
Looking for apartments for rent in 40517, Lexington, KY? Rentable has a variety of options available for you to choose from. As of now, there are 103 units available in this area. The average rent in 40517 is $1,000, with the lowest-priced floor plan starting at $592.

The top neighborhoods in 40517 are Lakeview Islands, Stoney Brook, and Brigadoon. These neighborhoods offer a range of amenities, such as nearby parks, community centers, and easy access to local shopping and dining options.

Whether you're searching for a studio apartment or a larger family home, there's something for everyone in 40517. Take a look at Rentable's apartments near 40517 and find the perfect rental that suits your needs. Don't miss out on the opportunity to live in one of Lexington's most desirable zip codes.

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
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Feb. 2025
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May. 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.