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83 2 Bedroom Apartments for rent in Lexington, KY

Last updated November 15 at 2:26am UTC
Derby Pointe
1218 Winburn Drive
Lexington, KY
Updated November 15 at 2:26am UTC
2 Bedrooms
$749
Bourbon Court
1800 Augusta Ct
Lexington, KY
Updated November 15 at 1:15am UTC
2 Bedrooms
$670
Ashland
1329 Devonport Drive
Lexington, KY
Updated November 15 at 1:06am UTC
2 Bedrooms
$725
The August
4070 Victoria Way
Lexington, KY
Updated November 15 at 1:04am UTC
2 Bedrooms
$850
Caballo Run
522 Hollow Creek Road
Lexington, KY
Updated November 15 at 1:03am UTC
2 Bedrooms
$750
Thoroughbred Crossings
1346 Village Dr
Lexington, KY
Updated November 15 at 1:03am UTC
2 Bedrooms
$800
Tates Creek Crossing
1143 Centre Pkwy
Lexington, KY
Updated November 15 at 1:03am UTC
2 Bedrooms
$695
Cedarwood Apartments
180 Codell Dr
Lexington, KY
Updated November 15 at 1:14am UTC
2 Bedrooms
$679
The Henry
200 LaRue Rd
Lexington, KY
Updated November 15 at 1:17am UTC
2 Bedrooms
$1,515
Raintree Apartments
175 N Locust Hill Dr
Lexington, KY
Updated November 15 at 1:51am UTC
2 Bedrooms
$835
Longwood Apartments
710 Eureka Springs Drive
Lexington, KY
Updated November 15 at 1:23am UTC
2 Bedrooms
$695
Lexington Villas
200 Alsab Ct
Lexington, KY
Updated August 31 at 11:47pm UTC
2 Bedrooms
$765
220 Cedar St
University of Kentucky
Lexington, KY
Updated November 15 at 1:39am UTC
2 Bedrooms
$1,600

November 2018 Lexington Rent Report

Welcome to the November 2018 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 Lexington Rent Report
Rent Report
Lexington

November 2018 Lexington Rent Report

Welcome to the November 2018 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 moderately over the past month

Lexington rents have increased 0.3% over the past month, but are down slightly by 0.4% in comparison to the same time last year. Currently, median rents in Lexington stand at $660 for a one-bedroom apartment and $840 for a two-bedroom. Lexington's year-over-year rent growth lags the state average of 0.4%, as well as the national average of 1.1%.

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 $840 is below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 0.4% decline in Lexington.
  • While rents in Lexington fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+3.0%), Atlanta (+1.5%), and New York (+1.5%).
  • Renters will find more reasonable prices in Lexington than most large cities. For example, San Francisco has a median 2BR rent of $3,100, 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.