Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY (542 Rentals)

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Park Plaza Apartments
$1,279 - $3,695
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$1,279 - $3,695
Total Monthly Price
$1,279 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
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  • Utilities Included

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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$1,000 - $1,705
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Total Monthly Price

Base Rent
$1,000 - $1,705
Total Monthly Price
$1,000 - $1,705
1 to 4 Bedroom Apartments Available Aug 15

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840 Angliana AveLexington, KY 40508
Student Housing
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  • Utilities Included
  • 3D Tour

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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property at 1141 Unity Dr

$2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,900
Total Monthly Price
$2,900

4 Bedroom, 2.5 Bath Townhome for Rent

Available Aug 1

1141 Unity Dr

LexingtonKY40504

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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property at 261 Simpson Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

3 Bedroom, 2 Bath Condo for Rent

Available Jul 15

261 Simpson Ave, Unit 226, Unit 226

261 Simpson Ave
LexingtonKY40504
property at 1121 Unity Dr

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000
Total Monthly Price
$3,000

4 Bedroom, 3 Bath Townhome for Rent

Available Aug 1

1121 Unity Dr

LexingtonKY40504
property at 170 E Loudon Ave

$1,200 - $1,350

2 To 3 Bedroom Rentals

Available Now

170 E Loudon Ave

LexingtonKY40505

Downtown Lexington - One of the Best Affordable Neighborhoods in Lexington

Named as one of the Best Affordable Neighborhoods to rent in Lexington by our Local Expert Catrina Cowart. See how it ranks!

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property at 402 Gunn St

$900 - $950

1 Bedroom Rentals

Available Now

402 Gunn St

LexingtonKY40508
property at 261 Lyndhurst Pl

$669 - $739

Studio To 1 Bedroom Rentals

Available Now

261 Lyndhurst Pl

LexingtonKY40508

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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Downtown Lexington, Lexington, KY Local Guide

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

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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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 329 Studio Apartments in Downtown Lexington with rent ranges from $669 to $2,419 with an average price of $1,436.

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 $11,212 with an average monthly rent of $2,751.

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 $875 to $4,877. Today's average rental price for Two Bedrooms here is $1,594.

How expensive are Downtown Lexington Three Bedroom Apartments?

There are currently 31 Three Bedroom Apartments listings available in Downtown Lexington on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $2,600 - averaging $1,662 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.