Homes for Rent in Lexington, KY (249 Rentals)

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property at 361 Redding Rd

361 Redding Rd

LexingtonKY40517
property at 3713 Lochdale Ter

3713 Lochdale Ter

LexingtonKY40514
property at 3725 Lochdale Ter

3725 Lochdale Ter

LexingtonKY40514

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 1149 Cooper Dr

1149 Cooper Dr

LexingtonKY40502
property at 116 Shady Ln

116 Shady Ln

LexingtonKY40503

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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property at 404 Bainbridge Ct

404 Bainbridge Ct

LexingtonKY40509

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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Lexington, KY Local Guide

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Written By:
Amanda Delgado
Local Guide Expert

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Lexington Overview

Fields of scenic bluegrass, horses galore, and a low cost of living make Lexington a top city to settle in. This Kentucky city offers a great mix of Midwestern and Southern culture. Its known for its thriving equestrian industry, college sports — and much more! Lexington’s also close enough to make day trips to Louisville, Cincinnati, Daniel Boone National Forest, and other towns and attractions. Good local schools, a comfortable climate, and several major employers are a few more reasons to call the Horse Capital of the World home. Let’s discover even more about why Lexington homes for rent are in growing demand!

What is the history of Lexington?

Lexington gets its name from the location of the Revolutionary War’s first battle — Lexington, MA. But its roots go back further. The region was actually part of Virginia until 1792. Settlers in the area made homes in McConnell Springs, later known as the City of Lexington. The area thrived on hemp cultivation until the late 19th century, when tobacco cultivation took the lead. During the early 20th century, Lexington started becoming famous for its horse races. Keeneland Race Course — the oldest in the city — first opened in 1936. Lexington continues to have a world-famous equestrian industry today. And the city has built a name for itself as a college sports town!

How is the weather in Lexington?

Looking for a place with all four seasons and a moderate climate overall? That’s one of Lexington’s biggest draws! The city has summer highs that reach the upper 80s and lows in the 60s. Fall and spring daytime temps are usually in the 60s and 70s. And winter brings low temps in the 20s — cold enough for some snow! Daytime temps in winter are typically in the 40s. Lexington gets a few inches of snow each year on average. It also has some rainy weather — especially in late spring and early summer. But you’ll have plenty of sunny days to enjoy!

How do I get around town?

Wondering if you need a car or not? If you have one, you can look into homes for rent in Lexington on the city’s outer edges or suburbs. Don’t have a car? You can take local buses to get around. Lextran runs 26 fixed routes, with most going through the downtown area — and they’re available 7 days a week! Lexington also has a bike share program called Spin if you like biking around. Traveling out of town? Blue Grass Airport in the western part of town offers tons of domestic flights throughout the U.S. Lexington has a Greyhound Bus Station, too!

What is the Lexington commute like?

How long should you anticipate getting to and from work as a Lexington resident? You’ll be happy to know that the average commute in the city is just under 21 minutes one way. That’s not bad for a metro area! What are the busiest local roads? You’re most likely to hit traffic on Richmond Road/Athens Boonesboro Road, Nicholasville Road, and Tates Creek Road — especially during rush hour! But the city also has several major roadways you can take to get around faster. I-75 runs through the city from north to south. I-64 runs east-west in the eastern part of town. KY-4 loops around the downtown area.

Why live in Lexington, KY?

Exploring Lexington rentals means you’re one step closer to making this great city your home! But why consider it in the first place? Lexington gives you plenty to do, with festivals and fairs, basketball games and horse races to watch — and lots more! The city also has several notable employers. The University of Kentucky, Toyota, Amazon, and Baptist Health are a few of the top employers in the state — and the city has a steady job market. Lexington also offers a cost of living that’s lower than the U.S. average. So, you can look forward to having your money stretch farther!

What Lexington landmarks should I see?

The right Lexington rental homes can put you close to some of the city’s historic landmarks. But you can visit any of them anytime as a local resident! Gratz Park offers historic homes and a Fountain of Youth statue to admire. Catch a show at the majestic Lexington Opera House, built back in 1886! Wander through the picturesque grounds of Lexington Cemetery, filled with fountains and gardens. Take a tour of Henry Clay’s Ashland Estate or the Loudon House — a Gothic Revival villa that’s on the National Register of Historic Places. Visit the Mary Todd Lincoln House to learn more about the former First Lady.

What Lexington landmarks should I see?

The right Lexington rental homes can put you close to some of the city’s historic landmarks. But you can visit any of them anytime as a local resident! Gratz Park offers historic homes and a Fountain of Youth statue to admire. Catch a show at the majestic Lexington Opera House, built back in 1886! Wander through the picturesque grounds of Lexington Cemetery, filled with fountains and gardens. Take a tour of Henry Clay’s Ashland Estate or the Loudon House — a Gothic Revival villa that’s on the National Register of Historic Places. Visit the Mary Todd Lincoln House to learn more about the former First Lady.

What is there to do around Lexington?

Love music festivals? Make plans to attend the annual Railbird Festival each June, featuring two days’ worth of live music! Take a tour of local horse farms —like Kentucky Horse Park Mill Ridge Farm — to meet race horses and working horses. Stroll through historic Shaker Village to see more historic buildings. Catch UK Wildcat college basketball games at Rupp Arena. Have a picnic and enjoy fresh air at McConnell Springs Park. Visit local distilleries, like James E. Pepper Distillery. Take food tours in the downtown area. Or learn more about planes at the Aviation Museum of Kentucky!

Where is the best place to move in Lexington?

Rental homes in Lexington come in all sizes and locations. But which is best for you? That depends on what you’re looking for! Love streets lined with trees and historic homes? Chevy Chase-Ashland Park has those in abundance! Prefer to rent a home that’s close to all kinds of restaurants, shops, and amenities? Downtown Lexington is the place to be — and it’s also where you’ll find Transylvania University. Need to be closer to the University of Kentucky? Mount Vernon-Hollywood-Montclair may be the right choice for you. Fairway-Liberty Heights is a great neighborhood for rental ranch homes in a quiet environment. Georgetown offers a small-town vibe that’s still conveniently close to downtown for excitement!

Pet Friendly Lifestyle
Lexington, KY

Ranked #3

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Lexington, KY Area Reviews

  • Parks
  • Entertainment
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  • Outdoor Access
  • Cost of Living
  • Safety

Catrina • 4+ years in Lexington

February 25, 2025

Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.

Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 1074 Apartments for Rent in Lexington, KY with pricing that ranges from $485 to $4,700. There are also 250 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $725 to $6,000.

What is the current price range for Rental Homes in Lexington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $725 to $6,000 with an average monthly rent of $2,040.

How much are larger Three and Four Bedroom Rentals in Lexington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $854 to $4,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $739.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.