1 Bedroom Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY (99 Rentals)

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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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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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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.

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1356 Royalty Ct
1 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
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Medical View Properties
1 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
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Bluegrass Commons
1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
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Medical Villas
1 Bedroom Apartments

Medical Villas

180 Leader AveLexington, KY 40508
Student Housing
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Arlington Lofts
1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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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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260 Lexington Ave
1 Bedroom Apartments

260 Lexington Ave

260 Lexington AveLexington, KY 40508
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The Lex
1 Bedroom Apartments

The Lex

521 S BroadwayLexington, KY 40508
Student Housing
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524 W Third St
1 Bedroom Apartments

524 W Third St

524 W Third StLexington, KY 40508
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The Shropshire
1 Bedroom Apartments

The Shropshire

510 Breckenridge StLexington, KY 40508
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1132 Kees Rd
1 Bedroom Apartments

1132 Kees Rd

1132 Kees RdLexington, KY 40505
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335 Virginia Ave
1 Bedroom Apartments

335 Virginia Ave

335 Virginia AveLexington, KY 40504

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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264 E High St
1 Bedroom Apartments

264 E High St

264 E High StLexington, KY 40507
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1337 Royalty Ct
1 Bedroom Apartments

1337 Royalty Ct

1337 Royalty CtLexington, KY 40504
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431 E High St
1 Bedroom Apartments

431 E High St

431 E High StLexington, KY 40507
Showing Results 1-50, Page 1 of 2

Downtown Lexington, Lexington, KY Local Guide

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 Park Plaza Apartments and is listed at 742 square feet priced from $1,400. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Park Plaza ApartmentsOldham742 Sq Ft$1,400
Belmont Run ApartmentsOne Bedroom689 Sq Ft$1,075
Ferrill Square Apartments - 55+ CommunityOne Bedroom550 Sq Ft$854
Artek Lofts1 Bed, 1 Bath Flat500 Sq Ft$1,125

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 - Waller Avenue. The average price for all 1 Bedroom apartments in Downtown Lexington is currently $1,294. Here is today’s list of the cheapest available 1 Bedroom options in the area:

Apartment ListingModel NamePriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...$745
Rose Tower ApartmentsOne Bedroom$850
Ferrill Square Apartments - 55+ CommunityOne Bedroom$854
Belmont Run ApartmentsOne Bedroom$1,075
The Flats at 345325 One Bedroom$1,095
Artek Lofts1 Bed, 1 Bath Flat$1,125
Park Plaza ApartmentsPreston$1,200

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.

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Pet Friendly Lifestyle
Downtown Lexington, Lexington, KY

Ranked #27

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 - Waller Avenue 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 $1,294.

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 742 square feet unit starting from $1,400 at Park Plaza Apartments.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.