
Apartments for Rent in the 40516 ZIP Code of Lexington, KY (61 Rentals)


300 Santa Anita Ct

Total Monthly Price
The Avery

Total Monthly Price
The Ascent1555

The Retreat at Hamburg Place Apartments

Springs At Hamburg

The Dawn Run Apartments

Polo Club Park - Senior/Affordable Housing

Prime Hamburg Apartments

1809 at Winchester
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.

Hamburg Farms

Double Tree Apartments

1869.5 Marietta Dr

2016 Cornerstone Dr

2010 Fordson Ct

1854 Augusta Dr

568 Anniston Dr

1833 1/2 Marietta Dr

1811 Dalton Ct

505 Anniston Dr
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.

604 Hi Crest Dr

1725 Scarborough Ct

837 Ridgebrook Rd

2545 Danielle Ln

1855 Dalton Ct

1874 Dalton Ct

1868 Augusta Dr

1862 Dalton Ct

1851 Dalton Ct

1847 Dalton Ct
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.

1860 Dalton Ct

1843 Dalton Ct

1484 Etawah Dr

1450 Etawah Dr

1814 Dalton Ct

1803 Dalton Ct

1401 Bayou Ct

1578 Martha Ct

2076 Cornerstone Dr

The Mallory
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

2517-2525 MacKenzie Ln

2517 Danielle Ln

2000-2008 Cornerstone Dr

2001 Cornerstone Dr

The Belhurst Park Townhomes

Springs at Polo Club

Courtside Apartments

Lexington's Best Studios and Apartments

Hamburg Senior Residence

Cottages of Laclede
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.
Lexington, KY Local Guide

How much does it cost to rent an apartment in 40516?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 40516 Studio Apartments | $988 | $625 | $1,345 |
| 40516 1 Bedroom Apartments | $1,466 | $830 | $2,814 |
| 40516 2 Bedroom Apartments | $1,720 | $910 | $3,113 |
| 40516 3 Bedroom Apartments | $2,267 | $1,020 | $4,044 |
Browse Apartments in the 40516 Zip Code of Lexington
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Frequently Asked Questions about the 40516 ZIP Code
What is the current pricing and availability for apartments for rent in the 40516 ZIP Code?
As of today, July 31, 2026, there are currently 61 available 40516 apartments priced from $625 to $4,044, with an average monthly rent of $1,631.
How much are Studio apartments in 40516?
There are currently 13 Studio Apartments in 40516 with rent ranges from $625 to $1,345 with an average price of $988.
What is the current price range for One Bedroom 40516 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 40516 ranges from $830 to $2,814 with an average monthly rent of $1,466.
What does renting a Two Bedroom Apartment in 40516 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 40516 range from $910 to $3,113. Today's average rental price for Two Bedrooms here is $1,720.
How expensive are 40516 Three Bedroom Apartments?
There are currently 10 Three Bedroom Apartments listings available in 40516 on ApartmentHomeLiving.com. The pricing ranges from $1,020 to $4,044 - averaging $2,267 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.