
3 Bedroom Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY (52 Rentals)


The Wyatt

Kampus Properties STUDENT HOUSING

Prall Place Apartments - Affordable Housing

Davis Park Station

MXWL

Rosetown Apartments

Total Monthly Price
326 E High St, Unit 2

205 Simpson Ave, Unit 212

261 Simpson Ave, Unit 226
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.

200 Transcript Ave

320 W Second St

1043 Crescent Ave

438 Kenton St

25 Hampton Ct

159 Rand Ave

1102 Tates Creek Rd

201 E Fifth St

566 N Martin Luther King Blvd

409 Roosevelt Blvd
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

405 Roosevelt Blvd

443 Hawkins Ave

444 N Broadway

425 Hawkins Ave

317 Mockingbird Ln

379 Bucoto Ct

132 Burnett Ave

605 Harry St

1411 Hill St

658 Elm Tree Ln
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.

407 Ash St

136 Owsley Ave

Imperial

231 E Maxwell St

The Midlands Phase II

657 Maxwelton Ct

419 E High St

146 Kentucky Ave

209 Pine St

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

232 Waller

The Lex

330 Newtown Apartments

Hub Limestone

Bridlewood Place

The Shropshire East

The Shropshire

Grand Oaks

Twin Oaks Park

Coolavin Apartments
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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.
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 | $1,357 | $935 | $1,855 |
| Downtown Lexington 1 Bedroom Apartments | $1,375 | $765 | $3,237 |
| Downtown Lexington 2 Bedroom Apartments | $1,526 | $895 | $2,632 |
Downtown Lexington 3 Bedroom Apartments | $1,426 | $995 | $2,450 |
| Downtown Lexington 4 Bedroom Apartments | $1,346 | $799 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 52 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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Largest Available Downtown Lexington 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Downtown Lexington area of Lexington, KY is found at The Wyatt and is listed at 1,214 square feet priced from $1,009. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Wyatt | WYATT-3 | 1,214 Sq Ft | $1,009 |
| The Lex | 3x3 Deluxe | 1,098 Sq Ft | $1,029 |
| MXWL | C0 Deluxe | 1,083 Sq Ft | $1,000 |
| Hub Limestone | 3x3 Studio VIP | 1,063 Sq Ft | $1,390 |
Cheapest Available Downtown Lexington 3 Bedroom Apartments
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| MXWL | C3 | $1,000 |
| Hub Limestone | 3x2 Lite Mansion | $1,319 |
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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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 of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Kentucky including Downtown Lexington, Lexington, and the greater Lexington area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about 3 Bedroom Downtown Lexington Apartments
What is the Cheapest apartment in Downtown Lexington with 3 Bedroom?
Currently the most affordable 3 Bedroom in Downtown Lexington is at MXWL listed at $1,000.
How much is the average rent for a 3 Bedroom Downtown Lexington Apartment?
The average rent for a 3 Bedroom Apartment in Downtown Lexington is $1,426.
What is the largest available 3 Bedroom Downtown Lexington Apartment for rent?
Today's apartment with the most square footage in Downtown Lexington is a 1,214 square feet unit starting from $1,009 at The Wyatt.
What is the average size for Downtown Lexington 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Downtown Lexington is currently 1,016 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.
Helpful Local Expert Guides

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.

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.

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

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.