
2 Bedroom Apartments for Rent in Lexington, KY Under $4,500 (196 Rentals)


Parkside Heights Apartments

Shillito Park Apartments

Colts Run

The Village at Great Acres

Ashton Park Apartments

Trifecta on Red Mile

Veridian Lexington
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Palomar View Apartments

Creeks on Kirklevington

Patchen Oaks
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.

Belmont Run Apartments

Rivers at Bluegrass

The Reserve At Merrick

Raintree Apartments

Cove Lake Village Apartments

1729 Midtown (Pre-Leasing for June 2025)

Barrel Oaks Apartments

The Vue Lexington

Beaumont Farms Apartments
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.

The Colony at the Oaks

The Flats at 345

Landing at Tates Creek

Rabbit Run Apartments

Lakewood Park Apartments

The Alexandra

The Ascent1555

Tates Creek Village

The Townhomes and Flats at Fontaine
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Caballo Crossing

Gateway Lofts Lexington

FIFTEEN51 Apartments of Lexington

Latitude 37 Apartments

The Metropolitan

Saddlebrook at Tates Creek

Park Place Apartments

The Artisan

The Landing at Lakewood Harbour
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Studio Apartments | $1,242 | $625 | $2,380 |
Lexington 1 Bedroom Apartments | $1,308 | $695 | $3,846 |
Lexington 2 Bedroom Apartments | $1,565 | $800 | $5,499 |
Lexington 3 Bedroom Apartments | $1,811 | $854 | $3,926 |
Lexington 4 Bedroom Apartments | $2,678 | $1,220 | $4,800 |
Explore Lexington

Lexington, KY Local Guide
- Lexington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Lexington, KY
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Lexington, KY Area Reviews
Catrina • 4+ years in Lexington
February 25, 2025Lexington 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 2 Bedroom Lexington Apartments
What is the Cheapest apartment in Lexington with 2 Bedroom?
Currently the most affordable 2 Bedroom in Lexington is at Twenty Two Twenty listed at $805.
How much is the average rent for a 2 Bedroom Lexington Apartment?
The average rent for a 2 Bedroom Apartment in Lexington is $1,565.
What is the largest available 2 Bedroom Lexington Apartment for rent?
Today's apartment with the most square footage in Lexington is a 1,535 square feet unit starting from $4,699 at The Landing at Lakewood Harbour.
What is the average size for Lexington 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Lexington is currently 1,026 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.