
Apartments for Rent in the 40502 ZIP Code of Lexington, KY Under $1,500 (87 Rentals)


The Oaks at Woodland

MAA Lakepointe

The Reserve At Merrick

Crescent at Shadeland Apartments

Landing at Malabu

Lexington Square

Lansdowne Apartments

Townhomes & Flats at Fontaine

Shorelake Apartments
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.

3375 Moundview Ct

2017 St Michael Dr

51 Mentelle Park

208 Lakeshore Dr

Chinoe Creek

Merrick Place

Forest View Apartments

Romany Road Apartments

Americana Apartments

Woodland Park Apartments - UTILITIES INCLUDED
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.

The Landing at Lex

3Fifty8

Lakeview Estates

140 Kentucky Ave

Malabu Bridge Condos

BelleFontaine Apartment Homes

Central Park Apartments

Dinsmore Pointe

Idle Hour Villas

Mount Tabor Townhouses
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.

Barrel Oaks Apartments

Gateway Lofts Lexington

Total Monthly Price
127 Gazette Ave, Unit 1

Patchen Oaks

Belmont Run Apartments

The Colony at the Oaks

Gatehouse Apartments - Most Utl Incl.

The Studios at Patchen - FREE Utilities

Total Monthly Price
The Champion at Bluegrass Apartments

Element
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.

Total Monthly Price
807 Press Ave, Unit 1

Mt. Tabor Apartments

Revive 1749 - All Utilities Incl

The Axis at 1435

The Studios at Belmont - MAJOR UTILITIES INCL

Rivers at Bluegrass

Patchen Place

MidTown Apartments

Brookhaven Apartments

Chelsea Apartments
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40502?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40502 Studio Apartments | $1,369 | $780 | $2,430 |
| 40502 1 Bedroom Apartments | $1,926 | $745 | $11,743 |
| 40502 2 Bedroom Apartments | $1,628 | $850 | $7,999 |
| 40502 3 Bedroom Apartments | $1,668 | $1,150 | $3,650 |
| 40502 4 Bedroom Apartments | $1,986 | $1,400 | $2,900 |
Browse Apartments in the 40502 Zip Code of Lexington
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Frequently Asked Questions about the 40502 ZIP Code
How much are Studio apartments in 40502?
There are currently 314 Studio Apartments in 40502 with rent ranges from $780 to $2,430 with an average price of $1,369.
What is the current price range for One Bedroom 40502 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 40502 ranges from $745 to $11,743 with an average monthly rent of $1,926.
What does renting a Two Bedroom Apartment in 40502 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 40502 range from $850 to $7,999. Today's average rental price for Two Bedrooms here is $1,628.
How expensive are 40502 Three Bedroom Apartments?
There are currently 30 Three Bedroom Apartments listings available in 40502 on ApartmentHomeLiving.com. The pricing ranges from $1,150 to $3,650 - averaging $1,668 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.
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.