
Cheap Apartments for Rent in the 40505 ZIP Code of Lexington, KY from $300 (57 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the 40505 ZIP Code area of Lexington.


770 Maple Ave

620 N Limestone
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.

721 N Upper St

425 Hawkins Ave

625 Ohio St
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.

753 Dakota St
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40505?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40505 Studio Apartments | $918 | $625 | $1,339 |
| 40505 1 Bedroom Apartments | $1,235 | $595 | $2,643 |
| 40505 2 Bedroom Apartments | $1,466 | $899 | $2,728 |
| 40505 3 Bedroom Apartments | $1,866 | $796 | $4,042 |
Browse Apartments in the 40505 Zip Code of Lexington
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Frequently Asked Questions about Cheap the 40505 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 40505 Apartment?
The lowest price for a Cheap One Bedroom 40505 Apartment is $430 at PINEY GROVE SENIOR APARTMENTS.
What is the lowest price for a Cheap Two Bedroom 40505 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 40505 is starting from $517 at Greenleaf Apartments.
What is the most affordable 40505 Three Bedroom Apartment?
The best deal on a cheap 40505 Three Bedroom Apartment rental is at Ivy Pointe Apartments and starts from $749.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.