
Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY Under $1,200 (63 Rentals)


Total Monthly Price
Studios180 - Short/Long Term Leases

The Flats at 345

MidTown Apartments

Belmont Run Apartments

Kampus Properties STUDENT HOUSING

The Studios at Belmont - MAJOR UTILITIES INCL

The Axis at 1435

The Wyatt

The Oaks at Woodland
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

Total Monthly Price
Signature

Limestone Square/Medical Villas

VELO Lexington

Latitude Lexington

Artek Lofts

The Stretch

Davis Park Station

Meadowthorpe Landing - Senior Housing

Total Monthly Price
Town & Country Apartments

Rosetown Apartments
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.

Total Monthly Price
807 Press Ave, Unit 1

Total Monthly Price
127 Gazette Ave, Unit 1

265 N Limestone

51 Mentelle Park

346 E 2nd St

547 N Broadway

914 N Limestone

823 Whitney Ave

500 Ohio St

523 1/2 Ohio St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

135 Clyde St

633 Ohio St

Matthews House Apartments

Hub Limestone

Bluegrass Commons Bluegrass Commons

Hub Limestone

Medical Villas

Preserve Lexington

Lincoln Terrace Apartments

524 W Third St
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.

Hub Lexington Upper

University Flats

Central Christian Church Apartments

Rose Tower Apartments

330 Newtown Apartments

Arlington Lofts

Americana Apartments

Ferrill Square Apartments - 55+ Community

Bluegrass Commons

Medical View Properties
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.
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 | $1,560 | $935 | $2,948 |
| Downtown Lexington 1 Bedroom Apartments | $2,147 | $695 | $7,526 |
| Downtown Lexington 2 Bedroom Apartments | $1,533 | $900 | $5,248 |
| Downtown Lexington 3 Bedroom Apartments | $1,536 | $1,000 | $2,400 |
| Downtown Lexington 4 Bedroom Apartments | $1,351 | $739 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 63 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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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.
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
Frequently Asked Questions about Downtown Lexington
How much are Studio apartments in Downtown Lexington?
There are currently 327 Studio Apartments in Downtown Lexington with rent ranges from $935 to $2,948 with an average price of $1,560.
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 $7,526 with an average monthly rent of $2,147.
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 $900 to $5,248. Today's average rental price for Two Bedrooms here is $1,533.
How expensive are Downtown Lexington Three Bedroom Apartments?
There are currently 32 Three Bedroom Apartments listings available in Downtown Lexington on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $2,400 - averaging $1,536 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

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.

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

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.

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.
Articles, How-To's, and Tips

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.