Apartments for Rent in the 40509 ZIP Code of Lexington, KY Under $1,500 (60 Rentals)

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The Avery
$1,474 - $2,354

Total Monthly Price

Base Rent$1,474 - $2,354
Total Monthly Price$1,474 - $2,354
1 to 3 Bedroom Apartments Available Now

The Avery

6600 Man O War BlvdLexington, KY 40509
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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.

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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.

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Garden Estates
1 to 3 Bedroom Apartments

Garden Estates

4176 Todds RdLexington, KY 40509
Corporate Housing
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Lexington Villas
1 to 3 Bedroom Apartments

Lexington Villas

200 Alsab CtLexington, KY 40509

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.

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Hamburg Senior Residence
1 to 2 Bedroom Apartments

Hamburg Senior Residence

1601 Villa Medici PassLexington, KY 40509
Senior Living
  • Utilities Included
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Covington Place
2 to 3 Bedroom Apartments

Covington Place

2400 Woodhill DrLexington, KY 40509
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Cedarwood
Studio to 3 Bedroom Apartments

Cedarwood

180 Codell DrLexington, KY 40509
Senior Living
  • Utilities Included

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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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.

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Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about the 40509 ZIP Code

How much are Studio apartments in 40509?

There are currently 86 Studio Apartments in 40509 with rent ranges from $950 to $1,531 with an average price of $1,378.

What is the current price range for One Bedroom 40509 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 40509 ranges from $875 to $3,220 with an average monthly rent of $1,407.

What does renting a Two Bedroom Apartment in 40509 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 40509 range from $850 to $3,277. Today's average rental price for Two Bedrooms here is $1,661.

How expensive are 40509 Three Bedroom Apartments?

There are currently 33 Three Bedroom Apartments listings available in 40509 on ApartmentHomeLiving.com. The pricing ranges from $1,150 to $4,201 - averaging $1,983 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

decorative image for Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers article

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.

decorative image for The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington article

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.

decorative image for The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities article

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.

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.

Articles, How-To's, and Tips

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.