Need help setting rent prices for your property? Try our free rental pricing tool here.

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Lexington?

The average rent of a studio apartment in Lexington, KY is $920. The average rent of a 1-bedroom in Lexington, KY is $895. The average rent of a 2-bedroom in Lexington, KY is $1,187. The average rent of a 3-bedroom in Lexington, KY is $1,795.

Studio

$920


1 bed

$895


2 beds

$1,187


3+ beds

$1,795

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Lexington

Feb 24 2024Apr 10 2024May 26 2024Jul 10 2024Aug 24 2024Oct 09 2024Nov 24 2024Jan 09 2025Mar 12 2025$600$950$1,300$1,850
  • Lexington
  • National

Apartment Rent Ranges in Lexington

The monthly rent for apartments in Lexington, KY ranges from $500 to $1,700+.

$500 - $800

$800 - $1,100

$1,100 - $1,400

$1,400 - $1,700

$1,700+

What is the average apartment size in Lexington?

The average size of a Lexington, KY apartment is 857 square feet, while the median apartment size for Lexington, KY is 750 square feet. However, square footage varies based on unit type. Most rentals in Lexington, KY (38.28%) are 1 bedroom apartments, while the fewest (7.89%) are studio apartments. Meanwhile, 2 bedroom apartments account for 36.12%, and 3+ bedroom apartments make up 17.7%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Lexington?

Studio1 bed2 beds3+ beds
Cherokee Park*$1,425$1,950*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

Popular metro areas

Atlanta Metro Apartments

6,721 apartments starting at $450/month

Charlotte Metro Apartments

4,429 apartments starting at $570/month

Chicago Metro Apartments

6,653 apartments starting at $600/month

Milwaukee Metro Apartments

1,930 apartments starting at $425/month

Pittsburgh Metro Apartments

2,392 apartments starting at $525/month

Raleigh Metro Apartments

3,810 apartments starting at $585/month