New Apartments for Rent in Lexington, KY (65 Rentals)

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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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Citation Lofts
Built in 2024Studio Apartments

Citation Lofts

129 FerndaleLexington, KY 40511
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280 E Loudon Ave
Built in 2023Studio Apartments

280 E Loudon Ave

280 E Loudon AveLexington, KY 40505
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524 W Third St
Built in 20231 Bedroom Apartments

524 W Third St

524 W Third StLexington, KY 40508
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330 Newtown Apartments
Built in 20231 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
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Hub Limestone
Built in 20202 to 4 Bedroom Apartments

Hub Limestone

685 S LimestoneLexington, KY 40508
Student Housing
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Arlington Lofts
Built in 2020Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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Hub Limestone
Built in 2020Studio to 4 Bedroom Apartments

Hub Limestone

341 S LimestoneLexington, KY 40508
Student Housing
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2610 Mable Ln
Built in 2019Studio Apartments

2610 Mable Ln

2610 Mable LnLexington, KY 40511
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Hub Lexington Upper
Built in 2019Studio to 4 Bedroom Apartments

Hub Lexington Upper

500 S Upper StLexington, KY 40508
Student Housing
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Meadowsweet Ln
Built in 20193 Bedroom Apartments

Meadowsweet Ln

Meadowsweet LnLexington, KY 40511
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Palomar Woods
Built in 20182 to 3 Bedroom Apartments

Palomar Woods

1850 Old Higbee Mill RdLexington, KY 40514
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The Midlands Phase II
Built in 20182 to 3 Bedroom Apartments

The Midlands Phase II

222 Midland AveLexington, KY 40508
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1944 Drummond Dr
Built in 2018Studio Apartments

1944 Drummond Dr

1944 Drummond DrLexington, KY 40511
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258 E Second St
Built in 20181 Bedroom Apartments

258 E Second St

258 E Second StLexington, KY 40507

Lexington, KY Local Guide

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Written By:
Trey Huguley
Director, Product Marketing

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Lexington Overview

Lexington, a vibrant, diverse city, offers its residents a high quality of life in a beautiful setting. The city is one of the oldest in the nation and distinguished itself early on as a destination for thoroughbred horse farms and racing. The city lies in the heart of the Blue Grass region of Kentucky with rolling, verdant hills and a moderate four-season climate. Life in Lexington apartments provides lots of options and conveniences to enjoy this region where employment opportunities are abundant in academia, manufacturing and services. Wages in the region are higher than the national rate, but the cost of housing ranks 26 percent lower than the U.S. average.

Why live in Lexington, KY?

Few cities in the U.S. offer the diversity found in Lexington, from historical significance to a vibrant economic base rooted in higher education, manufacturing, high tech and services. The cost of living in Lexington is lower than the U.S. average, while wages for some jobs tend to be higher - since Kentucky isn’t a right-to-work state. The unemployment rate is typically lower than the national average, while the climate in Lexington offers four distinct seasons without the extremes and outdoor recreation is abundant. The city and surrounding environment offer stunning beauty and recreation, along with the world-class horse racing. All of this and much more make life in apartments in Lexington oamong the best in the country!

Pet Friendly Lifestyle
Lexington, KY

Ranked #2

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lexington, KY Rentals by Map

View MapLexington, KY Apartments MapView MapLexington, KY Rental Homes Map

Getting Around Lexington, KY

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Lexington, KY Area Reviews

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Catrina4+ years in Lexington

February 25, 2025

Lexington is a great place for people of all types. It is, interestingly, highly bilingual, with many Spanish-speaking residents. Public transportation throughout Lexington is not the best, and the cost of living has skyrocketed in recent years. That being said, it is very safe for a city, and while I've experienced petty theft twice, both times were because I had left my vehicle unlocked at an apartment complex. The outdoor areas are beautiful here, and there are more restaurants than you'd know what to do with. Overall, you get modern amenities with a southern touch.

Frequently Asked Questions about New Lexington Apartments

What is the Cheapest New apartment in Lexington?

Currently the most affordable New Apartment in Lexington is at Meadowthorpe Landing - Senior Housing listed at $740.

How much is the average rent for a New Lexington Apartment?

The average rent for a New Apartment in Lexington is $1,535.

What is the largest New Lexington Apartment for rent?

Today's New apartment with the most square footage in Lexington is a 1,535 square feet unit starting from $2,399 at The Landing at Lakewood Harbour.

What is the average size for Lexington New Apartments for rent?

The average size for a New rental in Lexington is currently at 537 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.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.