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226 Apartments for rent in Lexington, KY

Giddy-up! This horse capital boasts heaps of stables to lead the ponies to—and equally rustic (or contemporary: choose your flavor…) apartment units to hang your saddle in. Trot on ... Read Guide >
Featured
Shillito Park
3500 Beaver Place Rd
Lexington, KY
Updated January 19 at 07:20pm
1 Bedroom
$799
2 Bedrooms
$919
A modern community near shopping and restaurants. On-site pool, fitness center, and tanning bed. Waterfall pond on property. Full kitchens, a patio or a balcony, and washer and dryer hookups in each home.
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Featured
Racquet Club
3900 Crosby Dr
Lexington, KY
Updated January 19 at 07:20pm
1 Bedroom
$770
2 Bedrooms
$890
The Racquet Club Apartments at Lexington-Fayette, KY, are like living at your own resort. Tennis courts, racquetball courts and a pool are just steps away.
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Featured
Forty 57
4057 Mooncoin Way
Lexington, KY
Updated January 19 at 07:20pm
1 Bedroom
$747
2 Bedrooms
$1,070
3 Bedrooms
$1,118
Luxury apartments with access to community putting green and media room. Granite counters, walk-in closets, and in-unit laundry. Furnished apartments available. Near Man o' War Blvd.
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Featured
BelleFontaine Apartments
2216 Dinsmore Drive
Lexington, KY
Updated January 19 at 11:05am
Studio
$625
1 Bedroom
$650
Featured
Triple Crown Apartments
3501 Pimlico Pkwy
Lexington, KY
Updated January 19 at 11:05am
1 Bedroom
Ask
2 Bedrooms
$805
3 Bedrooms
Ask
Apartment community located on the edge of Tates Creek Golf Course. Recently renovated units come with ceiling fans, carpets and air conditioning. Playground, gym and dog park. Minutes from the University of Kentucky.
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Featured
The August
4070 Victoria Way
Lexington, KY
Updated January 19 at 11:05am
1 Bedroom
$675
2 Bedrooms
$850
Featured
Caballo Run
522 Hollow Creek Road
Lexington, KY
Updated January 19 at 11:05am
1 Bedroom
$625
2 Bedrooms
Ask
Featured
Tates Creek Crossing
1143 Centre Pkwy
Lexington, KY
Updated January 19 at 11:05am
1 Bedroom
Ask
2 Bedrooms
$650
Featured
Grand Reserve at Lexington
4390 Clearwater Way
Lexington, KY
Updated January 19 at 06:19pm
1 Bedroom
$918
2 Bedrooms
Ask
3 Bedrooms
$1,308
Luxury apartment community across 34 acres with on-site features including tennis courts, pool and sauna. Located in the desirable Pinnacle neighborhood, south of Lexington, near the University of Kentucky.
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The Retreat at Hamburg Place
2365 Sir Barton Way
Lexington, KY
Updated January 19 at 07:20pm
1 Bedroom
$896
2 Bedrooms
$1,141
3 Bedrooms
$1,273
Residents enjoy in-unit laundry, patio or balcony, and granite counters. Situated conveniently for commuters off of I-75. Community offers 24-hour gym, coffee bar, pool, parking, and hot tub.
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Featured
Derby Pointe
1218 Winburn Drive
Lexington, KY
Updated January 19 at 01:45pm
1 Bedroom
$639
2 Bedrooms
$749
Featured
Summit at Lexington
100 Lakeshore Dr
Lexington, KY
Updated January 19 at 06:49pm
1 Bedroom
$674
2 Bedrooms
$767
3 Bedrooms
$1,004
This development offers one-, two- and three-bedroom apartments close to the Lextran line and Jacobson Park. Units are spacious and feature updated kitchens and granite countertops.
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Featured
Bourbon Court
1800 Augusta Ct
Lexington, KY
Updated January 19 at 02:20pm
Studio
Ask
1 Bedroom
$535
2 Bedrooms
$670
Featured
Ridgewood
2170 Fort Harrods Drive
Lexington, KY
Updated January 19 at 12:40am
Studio
$624
1 Bedroom
$669
2 Bedrooms
$929
Featured
Enclave Hartland
3901 Rapid Run Dr
Lexington, KY
Updated January 19 at 12:45pm
1 Bedroom
$889
2 Bedrooms
$1,020
3 Bedrooms
$1,055
Excellent location close to University of Kentucky, Transylvania University, and Fayette Mall. Units offer residents laundry, patio or balcony, and hardwood floors. Community includes 24-hour gym, parking, and pool.
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Featured
Bridle Creek
3800 Nicholasville Rd
Lexington, KY
Updated January 19 at 05:26am
1 Bedroom
$745
2 Bedrooms
$929
3 Bedrooms
$1,189
Located close to Tiverton Plaza Shopping Center and nearby dining. Pet-friendly homes with private patio/balcony, Whirlpool appliances and in-home laundry. Also includes a 24-hour fitness center with dry sauna, cyber cafe and swimming pool.
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Featured
Raintree Apartments
175 N Locust Hill Dr
Lexington, KY
Updated January 19 at 01:38pm
1 Bedroom
$680
2 Bedrooms
$895
Featured
The Creeks on Tates Creek
3565 Tates Creek Rd
Lexington, KY
Updated January 19 at 06:47pm
1 Bedroom
$599
2 Bedrooms
$699
3 Bedrooms
$899
Pet-friendly 1-3 bedroom apartments with spacious closets, central air conditioning/heat, and kitchen appliances. Community amenities include gym, clubhouse, pool, coffee bar, and laundry facilities. Short-term leases available. Near Kirklevington Park and New Circle Rd.
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Featured
Valleyfield Apartments
2875 Palumbo Dr
Lexington, KY
Updated January 19 at 12:40am
1 Bedroom
$669
2 Bedrooms
$749
Featured
Stoney Brooke Apts
175 N Mount Tabor Rd
Lexington, KY
Updated January 19 at 02:18pm
1 Bedroom
$790
2 Bedrooms
$830
Featured
Thoroughbred Crossings
1346 Village Dr
Lexington, KY
Updated January 19 at 11:05am
2 Bedrooms
$830
Featured
Merrick Place
3260 Commodore Dr
Lexington, KY
Updated January 19 at 01:14pm
1 Bedroom
$827
2 Bedrooms
$925
Lots of amenities in a community with two pools, basketball court, volleyball court and gym. Air-conditioned apartments. Across the street from the retail and eating offerings at Lansdowne Shops. Easy access to New Circle Road.
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Featured
Longwood Apartments
710 Eureka Springs Drive
Lexington, KY
Updated January 19 at 01:31pm
Studio
$465
1 Bedroom
Ask
2 Bedrooms
$695
Featured
Cedarwood Apartments
180 Codell Dr
Lexington, KY
Updated January 19 at 06:58pm
Studio
$439
1 Bedroom
$549
2 Bedrooms
$679
City GuideLexington
Giddy-up! This horse capital boasts heaps of stables to lead the ponies to—and equally rustic (or contemporary: choose your flavor…) apartment units to hang your saddle in. Trot on up and let us fill you in on some of the basics on finding a pad in Bluegrass country.
Tips, Tricks, and General Rules of Thumb

Yeah, yeah, we’ve heard it, too: “renting an apartment is the same anywhere you go.” Not precisely. The market is a little different in each locale, due to a variety of factors. Here are some of the unique features of renting in Lex:

Orientation: The main commercial hubs are Downtown and the University of Kentucky area—which, obviously, has more of a younger, studenty feel than Downtown. If you wanna live outside of these two sectors, you’d better have a car. (Sorry, Butch Cassidy. Ye olde steed is an acceptable form of transportation only outside the urban county.) Keeneland Racecourse is west out Versailles Rd.; you’ll likely be heading out there for either the spring or fall meets. (Everybody does.) The bypass forms a solid city boundary, but things begin to feel suburbanish way before that. Moral of the story? Live as close in as possible, but be prepared to pay a premium.

Utilities: The winters are mild here, but budget some extra cash for cooling in the summer. Dang, it gets humid in this town. Subtropical? Methinks definitely. Keep your windows closed. The good news is there’s an uncommon percentage of landlords willing to pay your bills.

Leases: Call it old-fashioned, but most Lexington apartment managers and landlords are into bargaining. No, not on the price, but on the length of the lease. If you’re willing to commit, you might just get utilities, parking, and all sorts of other perks thrown in. Most landlords won’t air this info, so you’ll need to beef up your confidence and ask outright. It cuts both ways, too: a typical lease in Lex is a year, but if you present yourself as trustworthy, you may be able to talk your guy into a month-to-month situation. (Tell ‘em it’s for tax filing purposes…)

…And the first bottle of bourbon was distilled there

Got your bearings? Alright. One by one, now—the only hoods worth mention.

Downtown: Feels like Henry Clay is still alive down here. Everything’s old. Well, everything except those skyscrapers. Oh, and that fenced-off city block of grass. What an eyesore. Anywho, Lex’s Downtown is comparatively inexpensive compared to other inner urban centers. Modest (600 sq. ft.), renovated studio apartments right off Vine St. run around $500/month. If you need more space, $650/month will get you 800 square feet and $800/month will get you granite countertops and a $250 nonrefundable pet fee (!!).

Bohemia thrives on the margins, right? If you can manage not being in the thick of it (and, perhaps, waiting a few years for things to pick up), check out some of the areas adjacent to Downtown. For instance, the newly rejuvenated Distillery District is bringing lots of action to Manchester St. And on either side of Transy there’s a good dive bar and rad townhome options. (These are usually 2BR or 3BR and run slightly higher—due to the proximity to Downtown—than similar options in the UK area.)

UK/Arboretum: Beware of listings that claim to be “close to the university”; this usually means they’re a mile or more from campus. That said, if you want a quieter scene there are some gems to be found. Most older colonial-style homes have studios attached to them which their owners are willing to rent to youngsters. But if you’re after proximity, there’s enough to pick from directly adjacent to the UK behemoth. Expect lots of houseshares ($350/month or less for a room) in duplexes. Also, condos: luxury units typically have longer leases (sometimes up to two years). Don’t pay over $500/month for 1BR/1BA unless it’s regal. And if you’re really strapped, hunt down a few roommies. 3BR/2BAs rarely top over $1000/month.

Feel settled? Not until you sport that seersucker suit at Keeneland for the first time will you truly feel like a local. Remember who made it possible when those winnings start rollin’ in!

January 2019 Lexington Rent Report

Welcome to the January 2019 Lexington Rent Report. Lexington rents increased over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to similar cities nationwide.

View full Rent Report

January 2019 Lexington Rent Report

Welcome to the January 2019 Lexington Rent Report. Lexington rents increased over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to similar cities nationwide.

Lexington rents increased significantly over the past month

Lexington rents have increased 0.4% over the past month, but are down slightly by 0.2% in comparison to the same time last year. Currently, median rents in Lexington stand at $660 for a one-bedroom apartment and $850 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in September. Lexington's year-over-year rent growth is level with the state average of -0.2%, but lags the national average of 0.9%.

    Lexington rents more affordable than many large cities nationwide

    As rents have fallen slightly in Lexington, many large cities nationwide have seen prices increase, in some cases substantially. Lexington is also more affordable than most large cities across the country.

    • Lexington's median two-bedroom rent of $850 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 0.2% decline in Lexington.
    • While rents in Lexington fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
    • Renters will find more reasonable prices in Lexington than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in Lexington.

    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.

    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.

    Renter Confidence Survey

    Apartment List has released Lexington’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

    "Lexington renters expressed general dissatisfaction with the city overall," according to Apartment Li...

    View full Lexington Renter Survey

    Here’s how Lexington ranks on:

    C
    Overall satisfaction
    B
    Safety and crime rate
    A+
    Jobs and career opportunities
    B+
    Recreational activities
    A
    Affordability
    A+
    Quality of schools
    A-
    Social Life
    B
    Weather
    A
    Commute time
    A-
    State and local taxes
    A+
    Public transit
    A+
    Pet-friendliness

    Overview of Findings

    Apartment List has released Lexington’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

    "Lexington renters expressed general dissatisfaction with the city overall," according to Apartment List. "Despite giving the city As and Bs in all categories, renters gave the city a C grade for overall satisfaction."

    Key findings in Lexington include the following:

    • Lexington renters gave their city a C overall.
    • The highest-rated categories for Lexington were jobs and career opportunities, quality of local schools, public transit and pet-friendliness, which all received A+ grades.
    • The areas of concern to Lexington renters are weather and safety and low crime rate, which both received B grades.
    • Lexington earned similar scores to Louisville, the other major city in Kentucky. Lexington did relatively well in individual categories compared to Louisville, but renters in both cities expressed overall dissatisfaction.
    • Lexington did relatively poorly compared to other Southern cities as well, including Charlotte, NC (A-), Nashville, TN (A-) and Atlanta, GA (B).
    • Lexington did relatively poorly compared to other cities nationwide, including Austin, TX (A-), Seattle, WA (B+) and Denver, CO (B+).
    • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

    Renters say:

    • "The community is very safe with a lot of green space. But as it is growing, there are more problems with traffic and rising housing costs." – Laura H.
    • "I love the closeness of my city but there’s no night life or opportunity for success." – Adrienne R.W.
    • "I love the diversity and atmosphere in Lexington. There are so many things to take part in and so many people to meet. Lexington is thriving and alive and I love it." – Sarah D.
    • "I wish there was more of a centralized location for shops, restaurants and night life. They are all spread out, which makes it hard to walk from one to another." – Amanda D.

    For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

    View our national survey results here