Apartments for Rent in the 40502 ZIP Code of Lexington, KY Under $1,500 (86 Rentals)

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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.

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Merrick Place
1 to 3 Bedroom Apartments

Merrick Place

3260 Commodore DrLexington, KY 40502
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Chinoe Creek
1 to 2 Bedroom Apartments

Chinoe Creek

3522 Creekwood DrLexington, KY 40502
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Forest View Apartments
1 to 2 Bedroom Apartments

Forest View Apartments

2035 Altamont CtLexington, KY 40502
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Americana Apartments
Studio to 1 Bedroom Apartments

Americana Apartments

905 Richmond RdLexington, KY 40502
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The Landing at Lex
1 to 2 Bedroom Apartments

The Landing at Lex

2066-2082 Fairmont CtLexington, KY 40502
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3Fifty8
Studio to 1 Bedroom Apartments

3Fifty8

358 B Duke RdLexington, KY 40502
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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.

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Lakeview Estates
1 to 2 Bedroom Apartments

Lakeview Estates

164 Lakeshore DrLexington, KY 40502
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140 Kentucky Ave
Studio Apartments

140 Kentucky Ave

140 Kentucky AveLexington, KY 40502
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Malabu Bridge Condos
1 Bedroom Apartments

Malabu Bridge Condos

828 Malabu DrLexington, KY 40502
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Dinsmore Pointe
1 Bedroom Apartments

Dinsmore Pointe

2248-2256 Dinsmore DrLexington, KY 40502
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Idle Hour Villas
1 Bedroom Apartments

Idle Hour Villas

2129-2213 Coburn BlvdLexington, KY 40502

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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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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Frequently Asked Questions about the 40502 ZIP Code

How much are Studio apartments in 40502?

There are currently 316 Studio Apartments in 40502 with rent ranges from $589 to $2,238 with an average price of $1,134.

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 $610 to $3,199 with an average monthly rent of $1,332.

What does renting a Two Bedroom Apartment in 40502 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 40502 range from $730 to $7,999. Today's average rental price for Two Bedrooms here is $1,580.

How expensive are 40502 Three Bedroom Apartments?

There are currently 29 Three Bedroom Apartments listings available in 40502 on ApartmentHomeLiving.com. The pricing ranges from $1,150 to $3,650 - averaging $1,735 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.

Articles, How-To's, and Tips

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.