
Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY (531 Rentals)


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Trifecta on Red Mile - Newly Renovated!

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Studios180 - Short/Long Term Leases

The Flats at 345

MidTown Apartments

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Park Plaza Apartments

Belmont Run Apartments

Kampus Properties STUDENT HOUSING

The Studios at Belmont - MAJOR UTILITIES INCL

The Axis at 1435
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

The Wyatt

The Oaks at Woodland

Gateway Lofts Lexington

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Signature

Limestone Square/Medical Villas

VELO Lexington

Latitude Lexington

Artek Lofts

Prall Place Apartments - Affordable Housing

The Stretch
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Davis Park Station

Meadowthorpe Landing - Senior Housing

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Town & Country Apartments

Rosetown Apartments

222 Bolivar St, Unit Loft 203

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168 Montmullin St, Unit 168 Montmullin

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150 N Ashland Ave, Unit First Floor

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326 E High St, Unit 2

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201 Price Rd, Unit Apt 223

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807 Press Ave, Unit 1
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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127 Gazette Ave, Unit 1

650 S Mill St, Unit #118 650 S Mill St.

508 Dunaway St, Unit 508 Dunaway

200 Transcript Ave

507 Michigan St, Unit 1

265 N Limestone

359 Jefferson St

263 N Limestone

628 W High St

505 Ingleside Dr
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

51 Mentelle Park

346 E 2nd St

547 N Broadway

390 S Upper St

341 Grosvenor Ave

170 E Loudon Ave

1102 Tates Creek Rd

312 S Upper St

914 N Limestone

823 Whitney Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Downtown Lexington, Lexington, KY Local Guide

How much does it cost to rent an apartment in Downtown Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lexington Studio Apartments | $1,560 | $935 | $2,948 |
| Downtown Lexington 1 Bedroom Apartments | $2,147 | $695 | $7,526 |
| Downtown Lexington 2 Bedroom Apartments | $1,533 | $900 | $5,248 |
| Downtown Lexington 3 Bedroom Apartments | $1,536 | $1,000 | $2,400 |
| Downtown Lexington 4 Bedroom Apartments | $1,351 | $739 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 531 rentals with your search options within a 2 mile radius of the Downtown Lexington Neighborhood of Lexington, KY.
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Downtown Lexington, 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.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Lexington, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Lexington. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Luxury Living Rating
Downtown Lexington is now ranked as amongst the finest luxury neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, concierge services, gardens, nearby parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Other luxury items often include tile or hardwood floors, access to sports facilities like golf, raquetball, and tennis, and for some communities, even a doorman to greet residents.
Pet Friendly Rating
This part of town has established a name for itself as one of our preferred submarkets for pet owners who rent, with a score of 4.0 out of 4.
Frequently Asked Questions about Downtown Lexington
How much are Studio apartments in Downtown Lexington?
There are currently 327 Studio Apartments in Downtown Lexington with rent ranges from $935 to $2,948 with an average price of $1,560.
What is the current price range for One Bedroom Downtown Lexington Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Lexington ranges from $695 to $7,526 with an average monthly rent of $2,147.
What does renting a Two Bedroom Apartment in Downtown Lexington cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Lexington range from $900 to $5,248. Today's average rental price for Two Bedrooms here is $1,533.
How expensive are Downtown Lexington Three Bedroom Apartments?
There are currently 32 Three Bedroom Apartments listings available in Downtown Lexington on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $2,400 - averaging $1,536 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

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 Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

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.

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.