Lexington, KY Rent Trends

Rank #66, last updated December 3

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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 $945. The average rent of a 1-bedroom in Lexington, KY is $995. The average rent of a 2-bedroom in Lexington, KY is $1,253. The average rent of a 3-bedroom in Lexington, KY is $1,795.

Studio

$945


1 bed

$995


2 beds

$1,253


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

Apartment Rent Ranges in Lexington

The monthly rent for apartments in Lexington, KY ranges from $300 to $2,300+.

$300 - $800

$800 - $1,300

$1,300 - $1,800

$1,800 - $2,300

$2,300+

What is the average apartment size in Lexington?

The average size of a Lexington, KY apartment is 942 square feet, while the median apartment size for Lexington, KY is 830 square feet. However, square footage varies based on unit type. Most rentals in Lexington, KY (35.62%) are 2 bedroom apartments, while the fewest (6.01%) are studio apartments. Meanwhile, 1 bedroom apartments account for 35.19%, and 3+ bedroom apartments make up 23.18%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Lexington?

Studio1 bed2 beds3+ beds
Aylesford Place*$1,388*$2,473
Eastland Pkwy*$925$923*
North Elizabeth St*$995$1,450$1,311

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

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