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31 Apartments under 700 for rent in Lenexa, KS

Last updated October 23 at 1:59pm UTC
Results within 1 miles of Lenexa, KS
Fiesta Square
9551 West 85th Street
Overland Park, KS
Updated October 19 at 2:03pm UTC
1 Bedroom
$675
2 Bedrooms
$856
3 Bedrooms
Ask
Results within 5 miles of Lenexa, KS
Park 67 Apartments
6527 Reeder St
Shawnee, KS
Updated October 23 at 12:23pm UTC
1 Bedroom
$665
2 Bedrooms
$740
Rolling Ridge
1000 West Elm Street
Olathe, KS
Updated October 23 at 12:56pm UTC
1 Bedroom
$545
2 Bedrooms
$670
Reserve at Brownstone
6128 Marty Lane
Overland Park, KS
Updated October 23 at 12:56pm UTC
1 Bedroom
$689
2 Bedrooms
$719
Brownstone Apartment Homes
6126 Marty Ln
Overland Park, KS
Updated October 23 at 12:53pm UTC
1 Bedroom
$665
2 Bedrooms
$720
Bel-Aire
6601 West 76th Street
Overland Park, KS
Updated October 16 at 1:05pm UTC
1 Bedroom
$640
2 Bedrooms
Ask
11113 W 60th St
Shawnee
Shawnee, KS
Updated October 19 at 2:14am UTC
1 Bedroom
$650
6019 Barton Ave
Shawnee
Shawnee, KS
Updated October 18 at 9:17pm UTC
1 Bedroom
$665
6039 Barton Ave
Shawnee
Shawnee, KS
Updated October 18 at 9:17pm UTC
1 Bedroom
$665
6031 Barton Ave
Shawnee
Shawnee, KS
Updated October 18 at 9:17pm UTC
1 Bedroom
$665
6025 Barton Ave
Shawnee
Shawnee, KS
Updated October 18 at 9:17pm UTC
1 Bedroom
$665
Results within 10 miles of Lenexa, KS
Bethany Park Plaza
1024 Calvin St
Kansas City, KS
Updated October 23 at 12:16pm UTC
1 Bedroom
$550
2 Bedrooms
$640
SouthRidge Apartments
1100 County Line Rd
Kansas City, KS
Updated October 23 at 1:50pm UTC
1 Bedroom
$599
2 Bedrooms
$699
3 Bedrooms
$840
Falls at Cottonwood Creek
2312 Victoria Dr
Kansas City, KS
Updated October 23 at 1:19pm UTC
2 Bedrooms
$660
3 Bedrooms
$760

October 2018 Lenexa Rent Report

Welcome to the October 2018 Lenexa Rent Report. Lenexa rents declined over the past month. In this report, we'll evaluate trends in the Lenexa rental market, including comparisons to cities throughout the state and nation.

View full Lenexa Rent Report
Rent Report
Lenexa

October 2018 Lenexa Rent Report

Welcome to the October 2018 Lenexa Rent Report. Lenexa rents declined over the past month. In this report, we'll evaluate trends in the Lenexa rental market, including comparisons to cities throughout the state and nation.

Lenexa rents declined slightly over the past month

Lenexa rents have declined 0.2% over the past month, but have increased moderately by 2.1% in comparison to the same time last year. Currently, median rents in Lenexa stand at $960 for a one-bedroom apartment and $1,170 for a two-bedroom. Lenexa's year-over-year rent growth leads the state average of 0.4%, as well as the national average of 0.9%.

Rents rising across cities in the Kansas City Metro

Throughout the past year, rent increases have been occurring not just in the city of Lenexa, but across the entire metro. Of the largest 10 cities that we have data for in the Lenexa metro, 7 of them have seen prices rise. Kansas as a whole logged rent growth of 0.4% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Overland Park is the most expensive of all Lenexa metro's major cities, with a median two-bedroom rent of $1,170; of the 10 largest cities in Kansas metro that we have data for, Topeka, Wichita, and Olathe, where two-bedrooms go for $770, $740, and $1,140, respectively, are the three major cities in the metro to see rents fall year-over-year (-0.9%, -0.5%, and -0.2%).
  • Shawnee, Overland Park, and Kansas City have all experienced year-over-year growth above the state average (4.6%, 3.3%, and 1.8%, respectively).

Lenexa rents more affordable than many large cities nationwide

As rents have increased moderately in Lenexa, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Lenexa is still more affordable than most large cities across the country.

  • Lenexa's median two-bedroom rent of $1,170 is slightly below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 2.1% increase in Lenexa.
  • While Lenexa's rents rose moderately over the past year, the city of Seattle saw a decrease of 1.6%.
  • Renters will find more reasonable prices in Lenexa than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than two-and-a-half times the price in Lenexa.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Kansas City $730 $900 -0.3% 0.7%
Overland Park $960 $1,170 -0.8% 3.3%
Kansas City $740 $910 0.6% 1.8%
Olathe $930 $1,140 -0.3% -0.2%
Independence $730 $890 -0.0% 1.0%
Shawnee $830 $1,010 -0.3% 4.6%
Blue Springs $910 $1,120 0.1% 0.7%
Lenexa $960 $1,170 -0.2% 2.1%
Grandview $670 $820 0.4% -0.4%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.