
Apartments for Rent in the 40509 ZIP Code of Lexington, KY (208 Rentals)Page 2 of 5


217 Osage Ct

2452 Butternut Hill Ct

2900 Affirmed Ct

The Village at Richmond Woods

Chilesburg Townhomes

3144 Mapleleaf Sq

309-313 Bainbridge Dr

Joey Way

201 Joey Way
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

2841-2845 Ryan Cir

2832-2836 Ryan Cir

2404 Elkwood Ct

2409 Elkwood Ct

2408 Timberhill Ct

2408 Elkwood Ct

2405 Elkwood Ct

2408 Elderberry Ct

200 Codell Dr

2409 Timberhill Ct
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

2409 Elderberry Ct

208 Codell Dr

204 Codell Dr

2408 Mirahill Dr

2404 Timberhill Ct

300 Codell Dr

2405 Timberhill Ct

2405 Elderberry Ct

216 Codell Dr

2404 Elderberry Ct
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

310 Codell Dr

340 Codell Dr

320 Codell Dr

330 Codell Dr

212 Codell Dr

2404 Mirahill Dr

2401 Elderberry Ct

380 Codell Dr

2400 Mirahill Dr

2517-2525 MacKenzie Ln

2076 Cornerstone Dr

2517 Danielle Ln

The Mallory

2001 Cornerstone Dr

2000-2008 Cornerstone Dr

Garden Estates

Savannah Oaks Townhomes

Indigo

The Belhurst Park Townhomes

Derbytowne Apartments
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40509?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40509 Studio Apartments | $1,381 | $950 | $1,531 |
| 40509 1 Bedroom Apartments | $1,407 | $875 | $2,893 |
| 40509 2 Bedroom Apartments | $1,684 | $850 | $3,492 |
| 40509 3 Bedroom Apartments | $2,039 | $1,150 | $4,170 |
| 40509 4 Bedroom Apartments | $1,450 | $1,400 | $1,500 |
Browse Apartments in the 40509 Zip Code of Lexington
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Frequently Asked Questions about the 40509 ZIP Code
What is the current pricing and availability for apartments for rent in the 40509 ZIP Code?
As of today, August 09, 2026, there are currently 208 available 40509 apartments priced from $850 to $4,170, with an average monthly rent of $1,650.
How much are Studio apartments in 40509?
There are currently 87 Studio Apartments in 40509 with rent ranges from $950 to $1,531 with an average price of $1,381.
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 $2,893 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 $3,492. Today's average rental price for Two Bedrooms here is $1,684.
How expensive are 40509 Three Bedroom Apartments?
There are currently 32 Three Bedroom Apartments listings available in 40509 on ApartmentHomeLiving.com. The pricing ranges from $1,150 to $4,170 - averaging $2,039 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
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

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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
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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
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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.