Welcome to the Apartment List March 2026 Rent Report for Lexington, KY. Currently, the overall median rent in the city stands at $1,186, roughly the same as last month. Prices and are now up 3.9% year-over-year. Read on to learn more about what’s been happening in the Lexington rental market and how it compares to trends throughout the nation as a whole.
National study of renter’s satisfaction with their cities and states
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:
Renters say:
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.
Liberty Area delivers authentic community character with UK accessibility where this established Lexington neighborhood offers more affordable options than similarly positioned communities closer to campus. Renters appreciate both the genuine neighborhood connections beyond purely student-focused apartments and strategic positioning between downtown and Alumni Drive with straightforward access to university facilities. Some commercial corridors remain utilitarian without distinctive architectural character, but students and young professionals value both the housing affordability and excellent access to both campus resources and everyday shopping without corresponding rental premiums despite the mixed architectural styles throughout the district.