
Apartments for Rent in the 40507 ZIP Code of Lexington, KY Under $1,500 (22 Rentals)


Total Monthly Price
Park Plaza Apartments

Total Monthly Price
Studios180 - Short/Long Term Leases

Central Christian Church Apartments

Rose Tower Apartments

426 E High St

Artek Lofts
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.

MXWL

485-487-487 W 3rd St

312 S Upper St

261 Lyndhurst Pl

122 Hagerman Ct

120 Hagerman Ct

316 Transylvania Park
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.

271 Lexington Ave

Hub Lexington Upper

Hub Limestone

Square

Kampus Heights

Kampus Terraces

140 Kentucky Ave
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.

Stonehurst Studios
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40507?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40507 Studio Apartments | $1,416 | $1,000 | $1,795 |
| 40507 1 Bedroom Apartments | $1,668 | $700 | $3,695 |
| 40507 2 Bedroom Apartments | $1,781 | $1,000 | $2,159 |
| 40507 3 Bedroom Apartments | $1,267 | $1,000 | $1,875 |
| 40507 4 Bedroom Apartments | $1,199 | $1,000 | $1,500 |
Browse Apartments in the 40507 Zip Code of Lexington
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Frequently Asked Questions about the 40507 ZIP Code
How much are Studio apartments in 40507?
There are currently 139 Studio Apartments in 40507 with rent ranges from $1,000 to $1,795 with an average price of $1,416.
What is the current price range for One Bedroom 40507 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 40507 ranges from $700 to $3,695 with an average monthly rent of $1,668.
What does renting a Two Bedroom Apartment in 40507 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 40507 range from $1,000 to $2,159. Today's average rental price for Two Bedrooms here is $1,781.
How expensive are 40507 Three Bedroom Apartments?
There are currently 8 Three Bedroom Apartments listings available in 40507 on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $1,875 - averaging $1,267 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.