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What is the average rent in Lexington?

The average rent of a studio apartment in Lexington, KY is $863. The average rent of a 1-bedroom in Lexington, KY is $970. The average rent of a 2-bedroom in Lexington, KY is $1,229. The average rent of a 3-bedroom in Lexington, KY is $1,800.

Studio

$863


1 bed

$970


2 beds

$1,229


3+ beds

$1,800

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

Jun 02 2024Jul 16 2024Aug 30 2024Oct 15 2024Nov 30 2024Jan 15 2025Mar 02 2025Apr 17 2025Jun 17 2025$630$930$1,230$1,800
  • Lexington
  • National

Apartment Rent Ranges in Lexington

The monthly rent for apartments in Lexington, KY ranges from $600 to $1,800+.

$600 - $900

$900 - $1,200

$1,200 - $1,500

$1,500 - $1,800

$1,800+

What is the average apartment size in Lexington?

The average size of a Lexington, KY apartment is 937 square feet, while the median apartment size for Lexington, KY is 800 square feet. However, square footage varies based on unit type. Most rentals in Lexington, KY (35.74%) are 1 bedroom apartments, while the fewest (10.21%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.93%, and 3+ bedroom apartments make up 23.12%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Lexington?

Studio1 bed2 beds3+ beds
Cherokee Park*$1,450$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

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