
Apartments for Rent in the 40502 ZIP Code of Lexington, KY Under $1,500 (97 Rentals)


The Oaks at Woodland

The Reserve At Merrick

MAA Lakepointe

Landing at Malabu

Total Monthly Price
Town & Country Apartments

Lexington Square

Crescent at Shadeland Apartments

Total Monthly Price
400 S Ashland Ave, Unit #12

Lansdowne 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.

Townhomes & Flats at Fontaine

Shorelake Apartments

1705 Carolyn Dr

2082 Fairmont Ct

Chinoe Creek

Merrick Place

Forest View Apartments

Romany Road Apartments

Flats at Fontaine

Americana Apartments
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.

Woodland Park Apartments - UTILITIES INCLUDED

The Landing at Lex

3Fifty8

Lakeview Estates

140 Kentucky Ave

Malabu Bridge Condos

BelleFontaine Apartment Homes

Central Park Apartments

Dinsmore Pointe

Idle Hour Villas
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.

Total Monthly Price
2828 Yellowstone Pky, Unit Newly Renovated Apartment

Mount Tabor Townhouses

Total Monthly Price
326 E High St, Unit 2

Total Monthly Price
132 Greenbriar Rd

Total Monthly Price
168 Montmullin St, Unit 168 Montmullin

Gateway Lofts Lexington

Patchen Oaks

Belmont Run Apartments

MXWL

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

Gatehouse Apartments - Most Utl Incl.

The Studios at Patchen - FREE Utilities

Mt. Tabor Apartments

Revive 1749 - All Utilities Incl

The Axis at 1435

Patchen Place

Total Monthly Price
The Champion at Bluegrass Apartments

Barrel Oaks Apartments

Rivers at Bluegrass

Chelsea 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.
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 | $1,168 | $825 | $1,895 |
| 40502 1 Bedroom Apartments | $1,240 | $665 | $2,999 |
| 40502 2 Bedroom Apartments | $1,844 | $700 | $5,099 |
| 40502 3 Bedroom Apartments | $1,774 | $800 | $3,650 |
| 40502 4 Bedroom Apartments | $2,149 | $1,000 | $4,400 |
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 $825 to $1,895 with an average price of $1,168.
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 $665 to $2,999 with an average monthly rent of $1,240.
What does renting a Two Bedroom Apartment in 40502 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 40502 range from $700 to $5,099. Today's average rental price for Two Bedrooms here is $1,844.
How expensive are 40502 Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in 40502 on ApartmentHomeLiving.com. The pricing ranges from $800 to $3,650 - averaging $1,774 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

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

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.

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.