
Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY (551 Rentals)


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Trifecta on Red Mile - Newly Renovated!

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Studios180 - Short/Long Term Leases

The Flats at 345

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The Axis at 1435

Belmont Run Apartments

The Wyatt

MidTown Apartments

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Park Plaza Apartments

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The Studios at Belmont - MAJOR UTILITIES INCL
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Kampus Properties STUDENT HOUSING

Gateway Lofts Lexington

The Oaks at Woodland

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Signature

Limestone Square/Medical Villas

VELO Lexington

Latitude Lexington

260 Lexington Avenue

Artek Lofts

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Preserve Lexington
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.

The Stretch

Prall Place Apartments - Affordable Housing

Davis Park Station

Meadowthorpe Landing - Senior Housing

Ferrill Square Apartments - 55+ Community

Rosetown Apartments

125 Montmullin St

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444 S Ashland Ave, Unit B-07

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1324 Fontaine Rd, Unit 1324 Fontaine Road

807 Press Ave, Unit 1
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!

127 Gazette Ave, Unit 1

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176 Woodland Ave, Unit A

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400 S Ashland Ave, Unit #1

515 W Main St, Unit 301

123 Montmullin St

155 Virginia Ave, Unit 204

330 Richmond Ave

1324 Fontaine Rd

1137 Unity Dr

263 N Limestone
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.

628 W High St

904 Tates Creek Rd

571 Pemberton St

231 Walton Ave

522 E 7th St

576 E Third St

227 E 7th St

474 Bob O Link Dr

440 Jefferson St

390 S Upper St
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.
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 | $1,419 | $810 | $2,349 |
| Downtown Lexington 1 Bedroom Apartments | $1,468 | $740 | $3,001 |
| Downtown Lexington 2 Bedroom Apartments | $1,535 | $854 | $2,364 |
| Downtown Lexington 3 Bedroom Apartments | $1,676 | $1,000 | $3,000 |
| Downtown Lexington 4 Bedroom Apartments | $1,289 | $739 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 551 rentals with your search options within a 2 mile radius of the Downtown Lexington Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Downtown Lexington, Lexington, KY Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleHow a Move-In Inspection Can Protect Your Security Deposit
Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.
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 329 Studio Apartments in Downtown Lexington with rent ranges from $810 to $2,349 with an average price of $1,419.
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 $740 to $3,001 with an average monthly rent of $1,468.
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 $854 to $2,364. Today's average rental price for Two Bedrooms here is $1,535.
How expensive are Downtown Lexington Three Bedroom Apartments?
There are currently 33 Three Bedroom Apartments listings available in Downtown Lexington on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $3,000 - averaging $1,676 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.
Articles, How-To's, and Tips

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.