
1 Bedroom Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY (133 Rentals)


Total Monthly Price
Trifecta on Red Mile - Newly Renovated!

The Axis at 1435

Belmont Run Apartments

The Flats at 345

The Wyatt

MidTown Apartments

Total Monthly Price
Park Plaza Apartments

Gateway Lofts Lexington

The Oaks at Woodland
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.

Total Monthly Price
Signature

VELO Lexington

Latitude Lexington

260 Lexington Avenue

Preserve Lexington

Artek Lofts

Davis Park Station

Prall Place Apartments - Affordable Housing

Meadowthorpe Landing - Senior Housing

Ferrill Square Apartments - 55+ Community
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.

Rosetown Apartments

Total Monthly Price
444 S Ashland Ave, Unit B-07, Unit B-07

807 Press Ave, Unit 1, Unit 1

Total Monthly Price
176 Woodland Ave, Unit A, Unit A

123 Montmullin St

155 Virginia Ave, Unit 204, Unit 204

314 Transylvania Park

240-242 E Fourth St

329 Wilson St

474 Bob O Link Dr
Navigating the Rental Market: Tips for First-Time Renters
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402 Gunn St

562 Woodland Ave

247 N Broadway

325 W 6th St

176 Market St

1217 Hammond Ave

633 Ohio St

168 Woodland Ave

308 E 7th St

342 Waller Ave
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!

The Lofts at Main Rose

675 N Martin Luther King Blvd

Matthews House Apartments

431 E High St

The Dakota

1435 N Forbes Rd

256 E High St

530 N Martin Luther King Blvd

568 N Broadway

433 E Maxwell St
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
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 | $1,432 | $895 | $2,251 |
Downtown Lexington 1 Bedroom Apartments | $1,476 | $740 | $2,951 |
| Downtown Lexington 2 Bedroom Apartments | $1,561 | $854 | $3,587 |
| Downtown Lexington 3 Bedroom Apartments | $1,633 | $1,000 | $3,000 |
| Downtown Lexington 4 Bedroom Apartments | $1,181 | $739 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 133 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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Largest Available Downtown Lexington 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in the Downtown Lexington area of Lexington, KY is found at Latitude Lexington and is listed at 810 square feet priced from $1,419. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Latitude Lexington | 525: 1 Bed - 1 Bath | 810 Sq Ft | $1,419 |
| Preserve Lexington | A3 | 760 Sq Ft | $1,355 |
| 260 Lexington Avenue | 1BR/1.0BA | 746 Sq Ft | $1,450 |
| Trifecta on Red Mile - Newly Renovated! | Trifecta on Red Mile - One Bedroom | 691 Sq Ft | $1,095 |
| The Oaks at Woodland | 1 Bed, 1 bath | 600 Sq Ft | $1,071 |
| Gateway Lofts Lexington | Wildcat | 598 Sq Ft | $1,474 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | 550 Sq Ft | $806 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 500 Sq Ft | $1,180 |
| Park Plaza Apartments | Penthouse | 496 Sq Ft | $1,576 |
| MidTown Apartments | Limestone | 480 Sq Ft | $1,200 |
Cheapest Available Downtown Lexington 1 Bedroom Apartments
Currently the lowest priced 1 Bedroom apartment unit Downtown Lexington of Lexington, KY is the NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... Model starting from $745 at VELO Lexington. The average price for all 1 Bedroom apartments in Downtown Lexington is currently $1,476. Here is today’s list of the cheapest available 1 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| VELO Lexington | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | $745 |
| Ferrill Square Apartments - 55+ Community | One Bedroom | $806 |
| Preserve Lexington | A1 | $999 |
| The Oaks at Woodland | 1 Bed, 1 bath | $1,071 |
| Trifecta on Red Mile - Newly Renovated! | Trifecta on Red Mile - One Bedroom | $1,095 |
| The Axis at 1435 | One Bedroom Courtyard | $1,115 |
| Artek Lofts | 1 Bed, 1 Bath Flat | $1,180 |
| MidTown Apartments | Limestone | $1,200 |
| Latitude Lexington | 525: 1 Bed - 1 Bath | $1,419 |
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
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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
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Lexington, KY. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about 1 Bedroom Downtown Lexington Apartments
What is the Cheapest apartment in Downtown Lexington with 1 Bedroom?
Currently the most affordable 1 Bedroom in Downtown Lexington is at VELO Lexington listed at $745.
How much is the average rent for a 1 Bedroom Downtown Lexington Apartment?
The average rent for a 1 Bedroom Apartment in Downtown Lexington is $1,476.
What is the largest available 1 Bedroom Downtown Lexington Apartment for rent?
Today's apartment with the most square footage in Downtown Lexington is a 810 square feet unit starting from $1,419 at Latitude Lexington.
What is the average size for Downtown Lexington 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Downtown Lexington is currently 430 sq ft.
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.

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.

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.