
Cheap Homes for Rent in the 40508 ZIP Code of Lexington, KY from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the 40508 ZIP Code area of Lexington.


556 W Fifth St

767 Maple Ave

1216 Hammond Ave

566 N Martin Luther King Blvd
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.

401 Roosevelt Blvd

419 E Fifth St

493 Bob-O-Link Dr

616 Bellaire Ave

405 Roosevelt Blvd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

507 Michigan St, Unit 1

443 Hawkins Ave

409 Roosevelt Blvd

101 S Hanover Ave

434 N Martin Luther King Blvd
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.
Lexington, KY Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40508 2 Bedroom Homes for Rent | $1,527 | $900 | $2,632 |
| 40508 3 Bedroom Homes for Rent | $1,601 | $1,000 | $2,400 |
| 40508 4 Bedroom Homes for Rent | $1,366 | $739 | $2,900 |
Browse Homes for Rent in the 40508 Zip Code of Lexington
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Frequently Asked Questions about the 40508 ZIP Code
How much are larger Three and Four Bedroom Rentals in 40508?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 40508 range from $854 to $4,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,400. Four Bedroom Single-Family rentals are also available starting from $739 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.
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.

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.