133 Luxury Apartments for rent in Lexington, KY

Last updated August 15 at 6:28pm UTC
The Henry
200 LaRue Rd
Lexington, KY
Updated August 15 at 12:49pm UTC
1 Bedroom
$1,131
2 Bedrooms
$1,432
3 Bedrooms
Ask
220 Cedar Street
University of Kentucky
Lexington, KY
Updated August 15 at 6:28pm UTC
2 Bedrooms
$1,500
101 S Hanover Avenue
Ashland Park
Lexington, KY
Updated August 15 at 6:28pm UTC
1 Bedroom
$1,150
250 S Martin Luther King Boulevard
Historic South Hill
Lexington, KY
Updated August 15 at 6:28pm UTC
1 Bedroom
$2,070
2414 Lake Park Road
Lexington
Lexington, KY
Updated August 15 at 6:28pm UTC
2 Bedrooms
$1,175
1100 Horsemans Lane
Lexington
Lexington, KY
Updated August 15 at 6:28pm UTC
3 Bedrooms
$1,195
535 S Upper Street
University of Kentucky
Lexington, KY
Updated August 15 at 6:28pm UTC
1 Bedroom
$1,175
3824 Sugar Creek Drive
Lexington
Lexington, KY
Updated August 15 at 6:27pm UTC
3 Bedrooms
$1,100
350 E Short Street
Lexington
Lexington, KY
Updated August 15 at 6:27pm UTC
1 Bedroom
$1,200
650 S Mill Street
University of Kentucky
Lexington, KY
Updated August 15 at 6:27pm UTC
1 Bedroom
$1,150
3352 Squire Creek Way
Lexington
Lexington, KY
Updated August 15 at 6:27pm UTC
2 Bedrooms
$1,000
314 Lafayette Avenue
Aylesford Place-Woodland Park
Lexington, KY
Updated August 15 at 6:27pm UTC
4 Bedrooms
$1,700
1081 S Broadway
Lexington
Lexington, KY
Updated August 15 at 6:26pm UTC
3 Bedrooms
$1,000
205 Westwood Ct
Elizabeth Street
Lexington, KY
Updated August 15 at 5:25pm UTC
8 Bedrooms
$2,700
3630 Walden Dr
Lexington
Lexington, KY
Updated August 15 at 5:12pm UTC
3 Bedrooms
$1,200

August 2018 Lexington Rent Report

Welcome to the August 2018 Lexington Rent Report. Lexington rents declined 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

August 2018 Lexington Rent Report

Welcome to the August 2018 Lexington Rent Report. Lexington rents declined over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to similar cities nationwide.

Lexington rents declined slightly over the past month

Lexington rents have declined 0.2% over the past month, and have decreased significantly by 2.5% 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. Lexington's year-over-year rent growth lags the state average of -0.6%, as well as the national average of 1.2%.

Lexington rents more affordable than many large cities nationwide

As rents have fallen significantly 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 1.2% over the past year compared to the 2.5% decline in Lexington.
  • While rents in Lexington fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+2.4%), Atlanta (+1.8%), and San Francisco (+1.1%).
  • 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.