close
View Me
Rent Specials
from $1,4741 Bedroom Apartments Available Now
The Avery
6600 Man O War BlvdLexington, KY 40509
1 Bedroom Apartments for Rent in the 40516 ZIP Code of Lexington, KY (31 Rentals)
close
View Me
Rent Specials
from $9251 Bedroom Apartments Available Now
The Ascent1555
1555 Eastland PkyLexington, KY 40505
close
View Me
from $1,4761 Bedroom Apartments Available Aug 9
The Retreat at Hamburg Place Apartments
2365 Sir Barton WayLexington, KY 40509
close
View Me
Rent Specials
from $1,3401 Bedroom Apartments Available Now
Springs At Hamburg
2151 Meeting StLexington, KY 40509
close
View Me
Rent Specials
from $6251 Bedroom Apartments Contact Us For Availability
The Dawn Run Apartments
1800 Augusta CtLexington, KY 40505
close
View Me
from $8651 Bedroom Apartments Contact Us For Availability
Polo Club Park - Senior/Affordable Housing
6411 Polo Club LnLexington, KY 40509
The Art of the Rental Viewing: What to look for during a property tour
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.
close
View Me
Rent Specials
from $1,5651 Bedroom Apartments Contact Us For Availability
Hamburg Farms
2498 Aristocracy CirLexington, KY 40509
close
View Me
from $8751 Bedroom Apartments Contact Us For Availability
Double Tree Apartments
1544 Meade CtLexington, KY 40505
close
View Me
Rent Specials
from $1,1611 Bedroom Apartments Available Jul 2
1809 at Winchester
1809 Meeting StLexington, KY 40509
close
View Me
Contact Us For Pricing1 Bedroom Apartments Contact Us For Availability
Eastland Hills
1740-1760 Jennifer RdLexington, KY 40505
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-31, Page 1 of 1
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 | $1,024 | $625 | $1,632 |
| 40516 1 Bedroom Apartments | $1,475 | $830 | $2,666 |
| 40516 2 Bedroom Apartments | $1,720 | $910 | $3,107 |
| 40516 3 Bedroom Apartments | $2,067 | $1,020 | $3,118 |
Browse Apartments in the 40516 Zip Code of Lexington
Explore Lexington
Lexington, KY Local Guide
- Lexington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Lexington area?
If you’re an expert on all things Lexington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about 1 Bedroom the 40516 ZIP Code Apartments
What is the Cheapest apartment in 40516 with 1 Bedroom?
Currently the most affordable 1 Bedroom in 40516 is at Magnolia Terrace Apartments listed at $695.
How much is the average rent for a 1 Bedroom 40516 Apartment?
The average rent for a 1 Bedroom Apartment in 40516 is $1,475.
What is the largest available 1 Bedroom 40516 Apartment for rent?
Today's apartment with the most square footage in 40516 is a 1,136 square feet unit starting from $1,525 at Memorial Village.
What is the average size for 40516 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in 40516 is currently sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.