
Homes for Rent in Downtown Lexington Neighborhood of Lexington, KY (45 Rentals)


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

222 Bolivar St, Unit Loft 203

163 Old Georgetown St, Unit 202

200 Transcript Ave

1153 Unity Dr

535 S Upper St

263 N Limestone

628 W High 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.

301 Thompson Rd

261 S Limestone

350 E Short St

275 S Limestone

355 S Broadway

434 N Martin Luther King Blvd

152 E Fifth St

444 N Broadway

585 S Upper 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.

168 Woodland Ave

419 E Fifth St

211 E Sixth St

633 Ohio St

658 Elm Tree Ln

364 Oldham Ave

374 Park Ave

663 Shropshire Ave

376 Park 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

724 Charles Ave

653 Jackson St

324 S Broadway Park

1220 Hammond Ave

261 Simpson Ave

1079 Duncan Ave

259 Lincoln Ave

125 Devonia Ave

161 Preston 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!

122 Fairlawn Ave

425 Gibson Ave

132 Bassett Ave

405 Roosevelt Blvd

409 Roosevelt Blvd

1411 Hill St

1572 Heron Ln

1570 Bluebird Ln

401 Springhill Dr
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.
Downtown Lexington, Lexington, KY Local Guide

How much does it cost to rent a home in Downtown Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lexington 2 Bedroom Homes for Rent | $2,015 | $1,195 | $4,900 |
| Downtown Lexington 3 Bedroom Homes for Rent | $1,795 | $1,450 | $2,900 |
| Downtown Lexington 4 Bedroom Homes for Rent | $2,803 | $1,550 | $4,500 |
| Downtown Lexington 5 Bedroom Homes for Rent | $4,325 | $2,800 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 45 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleReal 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
What type of rentals are currently available in Downtown Lexington?
There are currently 486 Apartments for Rent in Downtown Lexington, KY with pricing that ranges from $695 to $11,625. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lexington ranging from $925 to $5,000.
What is the current price range for Rental Homes in Downtown Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lexington ranges from $925 to $5,000 with an average monthly rent of $2,438.
How much are larger Three and Four Bedroom Rentals in Downtown Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lexington range from $1,000 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $739.
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.
Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.