
Cheap Homes for Rent in the 40503 ZIP Code of Lexington, KY from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the 40503 ZIP Code area of Lexington.


421 Redding Rd

589 Delzan Plz, Unit 4, Unit 4

3573 Laredo Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

342 Waller Ave

3360 Gatewood Ct

326 Hummingbird Ln

3461 Laredo Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40503 2 Bedroom Homes for Rent | $1,534 | $900 | $3,113 |
| 40503 3 Bedroom Homes for Rent | $1,886 | $1,399 | $2,978 |
| 40503 4 Bedroom Homes for Rent | $2,025 | $1,620 | $2,900 |
Browse Homes for Rent in the 40503 Zip Code of Lexington
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Frequently Asked Questions about the 40503 ZIP Code
How much are larger Three and Four Bedroom Rentals in 40503?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 40503 range from $854 to $3,627, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,399 to $2,978. Four Bedroom Single-Family rentals are also available starting from $1,620 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.
Articles, How-To's, and Tips

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.