158 Luxury Apartments for rent in Lexington, KY

Last updated June 23 at 12:39am UTC
220 Cedar Street
University of Kentucky
Lexington, KY
Updated June 22 at 11:19pm UTC
2 Bedrooms
$1,600
251 Simpson Avenue
Lexington
Lexington, KY
Updated June 22 at 11:19pm UTC
3 Bedrooms
$1,000
1081 S Broadway
Lexington
Lexington, KY
Updated June 22 at 11:19pm UTC
3 Bedrooms
$1,000
101 S Hanover Avenue
Ashland Park
Lexington, KY
Updated June 22 at 11:19pm UTC
1 Bedroom
$1,250
3621 Fair Ridge Drive
Lexington
Lexington, KY
Updated June 22 at 11:19pm UTC
3 Bedrooms
$1,345
650 S Mill Street
University of Kentucky
Lexington, KY
Updated June 22 at 11:19pm UTC
1 Bedroom
$1,200
536 Lake Valley Drive
Andover Hills
Lexington, KY
Updated June 22 at 11:19pm UTC
4 Bedrooms
$2,800
650 S Mill Street
University of Kentucky
Lexington, KY
Updated June 22 at 11:19pm UTC
2 Bedrooms
$1,400
309 E Sixth
Lexington
Lexington, KY
Updated June 22 at 11:18pm UTC
3 Bedrooms
$1,195
201 E 5th Street
Lexington
Lexington, KY
Updated June 22 at 11:18pm UTC
3 Bedrooms
$1,495
201 E 5th Street
Lexington
Lexington, KY
Updated June 22 at 11:18pm UTC
2 Bedrooms
$1,195
517 Green Valley Drive
Masterson Station
Lexington, KY
Updated June 22 at 7:17pm UTC
3 Bedrooms
$1,250
2017 Dellwood Drive
Zandale
Lexington, KY
Updated June 22 at 7:17pm UTC
3 Bedrooms
$1,150
314 Lafayette Avenue
Aylesford Place-Woodland Park
Lexington, KY
Updated June 22 at 7:17pm UTC
4 Bedrooms
$1,700
2825 Greenway Court
Masterson Station
Lexington, KY
Updated June 22 at 7:16pm UTC
3 Bedrooms
$1,325

June 2018 Lexington Rent Report

Welcome to the June 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

June 2018 Lexington Rent Report

Welcome to the June 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 significantly over the past month

Lexington rents have increased 0.5% over the past month, but are down moderately by 1.3% 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. This is the second straight month that the city has seen rent increases after a decline in March. Lexington's year-over-year rent growth lags the state average of -0.5%, as well as the national average of 1.5%.

Lexington rents more affordable than many large cities nationwide

As rents have fallen moderately 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 $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.3% decline in Lexington.
  • While rents in Lexington fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.2%), Atlanta (+2.0%), and San Francisco (+1.5%).
  • Renters will find more reasonable prices in Lexington than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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.