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Apartments in 40517

31 - 33 of 33 Results
27
$1,695
Mt Tabor Ranch Home With Basement 240403
628 Mt Tabor Rd Lexington, KY
3 BR | May. 15, 2024
Contact
House
Storage
Fireplace
1
$899 - 999
1197 Appian Xing
Lexington, KY
1 - 2 BR | Available Now
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Storage
Dishwasher
$1,350
3555 River Park Dr
Lexington, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Southeastern Hills
31 - 33 of 33 Results
  1. Home
  2. Lexington
  3. 40517

How much does it cost to rent an apartment in 40517?

40517 apartments
Bed Type Average Rent Range
Studio $900 $900 - $1,720
1BR $960 $630 - $1,290
2BR $1,180 $680 - $1,510
3BR $1,300 $890 - $1,800
Frequently Asked Questions

How many apartments are available in 40517 on Rentable.co?

Rentable.co has 33 apartments available for rent in 40517.

What is the average rent for an apartment in 40517?

The average rent for an apartment in 40517 is around $1,040 per month.

What is the average rent for a two-bedroom apartment in 40517?

The average rent for a two-bedroom apartment in 40517 is around $1,175 per month.

What is the average rent for a one-bedroom apartment in 40517?

The average rent for a one-bedroom apartment in 40517 is around $959 per month.

What is the average rent for a studio apartment in 40517?

The average rent for a studio apartment in 40517 is around $895 per month.

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 106 units available in this area. The average rent in 40517 is $1,070, with the lowest-priced floor plan starting at $626.

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:
May Rent Report

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

Lexington Rent Prices Increase From April to May

Lexington rent prices increased over the last month. From April to May, the city experienced a 0.65% increase for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $935.0.

When we take a look at the two-bedroom comparison from April to May, Lexington experienced a 2.18% increase for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,171.0.

May Prices: Lexington vs. Surrounding Areas

Nicholasville, KY
Georgetown, KY
Lexington, KY
Frankfort, KY
Winchester, KY
Richmond, KY
Versailles, KY
Millersburg, KY
$1,239
$1,071
$929
$919
$913
$729
$695
$675
$0
$450
$900
$1,350
$1,800
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 1 of the Lexington suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Nicholasville, KY .

  • Rent decreased in Richmond, KY, Winchester, KY, Frankfort, KY, Georgetown, KY, Millersburg, KY, Versailles, KY.

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

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

May 2024 Pricing Trends: Lexington vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Lexington, KY
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$929
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Lexington, KY $929.0 1.31% $1,146.0 1.33%
Nicholasville, KY $1,239.0 0.90% $1,497.0 0.81%
Richmond, KY $729.0 -0.95% $865.0 0.23%
Winchester, KY $913.0 -3.59% $1,066.0 3.60%
Frankfort, KY $919.0 -0.11% $1,509.0 15.99%
Georgetown, KY $1,071.0 -1.02% $1,192.0 2.94%
Millersburg, KY $675.0 -5.20% $910.0 1.00%
Versailles, KY $695.0 0.00% $1,199.0 0.00%

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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