Apartments for Rent in Lexington, KY (1,088 Rentals)

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Ashton Park Apartments
$1,325 - $1,625
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$1,325 - $1,625
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$1,325 - $1,625
1 to 2 Bedroom Apartments Available Aug 18

Ashton Park Apartments

2700 Magnolia Springs DrLexington, KY 40511
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The Avery
$1,474 - $2,354
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$1,474 - $2,354
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$1,474 - $2,354
1 to 3 Bedroom Apartments Available Now

The Avery

6600 Man O War BlvdLexington, KY 40509
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The Southern Spirit: Your Guide to Finding the Perfect Area of Lexington to Rent

Discover Lexington's unique balance of lively downtown growth, university energy, and friendly Southern spirit. A local guide to neighborhoods, dining, and outdoor life.

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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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Park Plaza Apartments
$1,289 - $3,695
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$1,289 - $3,695
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$1,289 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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Lakewood Park Apartments
Rent Specials
$1,409 - $1,849
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$1,409 - $1,849
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$1,409 - $1,849
1 to 3 Bedroom Apartments Available Now

Lakewood Park Apartments

495 Laketower DrLexington, KY 40502
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The Ascent1555
Rent Specials
$925 - $1,345
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$925 - $1,345
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$925 - $1,345
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Artisan
$1,250 - $1,924
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$1,250 - $1,924
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$1,250 - $1,924
1 to 3 Bedroom Apartments Available Jul 14

The Artisan

2601 Sandersville RdLexington, KY 40511
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lexington, KY Local Guide

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lexington Overview

Lexington, a vibrant, diverse city, offers its residents a high quality of life in a beautiful setting. The city is one of the oldest in the nation and distinguished itself early on as a destination for thoroughbred horse farms and racing. The city lies in the heart of the Blue Grass region of Kentucky with rolling, verdant hills and a moderate four-season climate. Life in Lexington apartments provides lots of options and conveniences to enjoy this region where employment opportunities are abundant in academia, manufacturing and services. Wages in the region are higher than the national rate, but the cost of housing ranks 26 percent lower than the U.S. average.

What is the history of Lexington?

Named for Lexington, MA where the first battle of the American Revolution took place, Lexington predates the formation of Kentucky as a state by 17 years. The city became one of the most influential and largest cities by 1820. During the post-Civil War period, Kentucky’s image tarnished, but aggressive promotion of its soil, water and bluegrass turf to wealthy New Yorkers revived interest in Kentucky. Lexington is now the home of Churchill Downs and other world-renowned horse racetracks.

How is the weather in Lexington?

Lexington is a place where you can enjoy four distinct seasons, but without the extremes in places further north or south. Average winter daytime highs reach 43.4 degrees F and winter temperatures drop to 27.8 degrees. Spring’s average high reaches just over 65 degrees with lows hovering in the mid-40s. Average summer temperatures reach a high of nearly 86 degrees, dropping to lows around 65. On average, 45 inches of precipitation falls in Lexington, just 13 of which are snow that seldom lasts more than a week.

How do I get around town?

The city encompasses nearly 300 square miles, and a car will make navigating the area much easier, although bus service provides public transportation on 24 routes throughout Lexington. You can pay a daily fare or obtain a seasonal pass. LexTrans provides bus service to the Blue Grass Airport located close to the central core of Lexington. The airport offers nonstop service to New York/Newark and 14 other airports in the U.S. for convenient connections or destinations. You’ll find rental cars and shuttles at the airport. The city also has a Greyhound Bus Station, and the nearest Amtrack connection is in Maysville, to the north of Lexington.

What is the Lexington commute like?

The New Circle Road in Lexington provides a 360 degree way to travel the city on a freeway. The balance of roadways are streets and arterials in the area. Traffic builds during rush hour, but once it’s over, traffic runs smoothly. The I-75 runs on the east side of Lexington and Interstate 64 connects Lexington and Louisville, the largest city in Kentucky.

What are the local media outlets?

Five broadcast television stations are available in Lexington that include WLEX-TV (Channel 18-NBC), WKYT-TV (Channel 27-CBS), WTVQ-TV (Channel 36-ABC), WDKY-TV (Channel 56-FOX) and KET (Channel 46-Kentucky Educational Television). WLAP AM is a politically conservative news-talk radio station. WUKY FM 91.3 is the public radio station in Lexington. WVLK AM is a news-talk radio station serving Lexington listeners. The local daily newspaper is the Lexington Herald Leader.

Why live in Lexington, KY?

Few cities in the U.S. offer the diversity found in Lexington, from historical significance to a vibrant economic base rooted in higher education, manufacturing, high tech and services. The cost of living in Lexington is lower than the U.S. average, while wages for some jobs tend to be higher - since Kentucky isn’t a right-to-work state. The unemployment rate is typically lower than the national average, while the climate in Lexington offers four distinct seasons without the extremes and outdoor recreation is abundant. The city and surrounding environment offer stunning beauty and recreation, along with the world-class horse racing. All of this and much more make life in apartments in Lexington oamong the best in the country!

What Lexington landmarks should I see?

McDonnell Springs is the 21+ acre site where the news about the American Revolution broke that offers guided history and nature tours year-round. The University of Kentucky lies just south of the core of Lexington on 716 acres and is home to 26,000 students.

What is there to do around Lexington?

Entertainment in Lexington runs the gamut from collegiate sports to the fine and folk arts. As the host city for the Kentucky Derby and the University of Kentucky, you’ll find plenty of nightlife. The city itself offers many hiking, walking and cycling trails. The Legacy Trail takes cyclists and walkers on a 10-mile trail from the Lexington YMCA to the Kentucky Horse Park.

Any annual festivals or Lexington events to know?

From the end of April to mid-May, horse racing dominates the scene in Lexington. It starts with the Rolex Kentucky, an equestrian event that showcases dressage, show jumping and cross country. The Kentucky Derby, the first leg of the Triple Crown, follows in May. Over 1.5 million people take part in the local celebration that includes races and concerts. The incredible spectacle takes place in Lexington and over the airwaves around the world.

Where are the nearby vacation spots?

Not only does the Kentucky Bourbon Trail offer beautiful scenery and tours of local whiskey distilleries and vineyards, you can find charming bed and breakfasts in historic southern mansions or simple cabins in the woods. The trail is within an easy drive on the Blue Grass Trail and starts in Bardstown.

Where is the best place to move in Lexington?

Chevy Chase-Ashland Park, neighbors the University of Kentucky to the east, and offers abundant shopping, transportation, entertainment and dining. Apartment homes in this area range from resort-style to classic apartments with indoor/outdoor access. Lansdowne lies just south of the University where you’ll find comfortable apartments and townhomes close to all of the amenities in this area, along with luxury community features for your year-round enjoyment. Both Chevy Chase-Ashland Park and Lansdowne are within an easy drive of Xerox, the area’s second largest employer. These neighborhoods in Lexington lie within walking or cycling distance to the University of Kentucky, Lexington’s largest employer, where 12,500 people work as faculty and staff.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Lexington, KY Area Reviews

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Catrina • 4+ years in Lexington

March 15, 2026

Lexington is a great place to live, and depending on which part of the city you choose, it can be good for students, families, private individuals, people who want to be close to shopping, etc. The sky is the limit in Lexington for foodies, and if you enjoy Bourbon, this is the place to be. Traffic is abysmal at certain times of the day (especially inside the circle) but if you can drive outside rush hours, you'll be fine.

Catrina • 4+ years in Lexington

February 25, 2025

Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.

Frequently Asked Questions about Lexington

How much are Studio apartments in Lexington?

There are currently 558 Studio Apartments in Lexington with rent ranges from $525 to $2,421 with an average price of $1,180.

What is the current price range for One Bedroom Lexington Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Lexington ranges from $695 to $11,680 with an average monthly rent of $1,548.

What does renting a Two Bedroom Apartment in Lexington cost?

The monthly rent prices of Two Bedroom Apartments currently available in Lexington range from $805 to $7,999. Today's average rental price for Two Bedrooms here is $1,578.

How expensive are Lexington Three Bedroom Apartments?

There are currently 154 Three Bedroom Apartments listings available in Lexington on ApartmentHomeLiving.com. The pricing ranges from $854 to $4,407 - averaging $1,900 for the location.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington

Written by: Catrina Cowart

Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.