Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, KY Under $2,000 (128 Rentals)

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Park Plaza Apartments
$1,299 - $3,695

Total Monthly Price

Base Rent$1,299 - $3,695
Total Monthly Price$1,299 - $3,695
Studio to 2 Bedroom Apartments Available Now

Park Plaza Apartments

120 E Main StLexington, KY 40507
Family Friendly
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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.

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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.

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property at 261 Simpson Ave
$1,700

Total Monthly Price

Base Rent$1,700
Total Monthly Price$1,700
3 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

261 Simpson Ave, Unit 226

261 Simpson Ave
LexingtonKY40504
  • Smoke Free
property at 125 Forest Ave
$1,650

Total Monthly Price

Base Rent$1,650
Total Monthly Price$1,650
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

125 Forest Ave, Unit 1202

125 Forest Ave
LexingtonKY40508

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.

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property at 650 S Mill St
$1,600

Total Monthly Price

Base Rent$1,600
Total Monthly Price$1,600
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

650 S Mill St, Unit #118 650 S Mill St.

650 S Mill St
LexingtonKY40508
  • Smoke Free
property at 205 Simpson Ave
$1,579

Total Monthly Price

Base Rent$1,579
Total Monthly Price$1,579
3 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

205 Simpson Ave, Unit 212

205 Simpson Ave
LexingtonKY40504
property at 541 Euclid Ave
$1,650
2 Bedroom Rentals
Available Aug 5, 2027
Affordability

541 Euclid Ave

LexingtonKY40502
property at 616 Bellaire Ave
$995 - $1,305
1 Bedroom Rentals
Available Now
Affordability

616 Bellaire Ave

LexingtonKY40508
property at 576 E Third St
$1,300
1 Bedroom Rentals
Available Now
Affordability

576 E Third St

LexingtonKY40508
property at 310 S Broadway Park
$1,900 - $4,500
2 To 5 Bedroom Rentals
Available Now
Affordability

310 S Broadway Park

LexingtonKY40504

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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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.

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Downtown Lexington, Lexington, KY Local Guide

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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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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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 316 Studio Apartments in Downtown Lexington with rent ranges from $895 to $1,895 with an average price of $1,360.

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 $595 to $3,237 with an average monthly rent of $1,385.

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 $899 to $2,727. Today's average rental price for Two Bedrooms here is $1,612.

How expensive are Downtown Lexington Three Bedroom Apartments?

There are currently 34 Three Bedroom Apartments listings available in Downtown Lexington on ApartmentHomeLiving.com. The pricing ranges from $945 to $2,700 - averaging $1,454 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

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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.

decorative image for The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington article

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.

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The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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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.

Articles, How-To's, and Tips

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.

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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.