Apartments for Rent in Lexington, KY (1,093 Rentals)

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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.

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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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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.

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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.

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Showing Results 1-50, Page 1 of 22

Lexington, KY Local Guide

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Written By:
Trey Huguley
Director, Product Marketing

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How a Move-In Inspection Can Protect Your Security Deposit

Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.

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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.

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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.

What is the history of Lexington?

Named for Lexington, MA where the first battle of the American Revolution took place, Lexington predates the formation of Kentucky as a state by 17 years. The city became one of the most influential and largest cities by 1820. During the post-Civil War period, Kentucky’s image tarnished, but aggressive promotion of its soil, water and bluegrass turf to wealthy New Yorkers revived interest in Kentucky. Lexington is now the home of Churchill Downs and other world-renowned horse racetracks.

How is the weather in Lexington?

Lexington is a place where you can enjoy four distinct seasons, but without the extremes in places further north or south. Average winter daytime highs reach 43.4 degrees F and winter temperatures drop to 27.8 degrees. Spring’s average high reaches just over 65 degrees with lows hovering in the mid-40s. Average summer temperatures reach a high of nearly 86 degrees, dropping to lows around 65. On average, 45 inches of precipitation falls in Lexington, just 13 of which are snow that seldom lasts more than a week.

How do I get around town?

The city encompasses nearly 300 square miles, and a car will make navigating the area much easier, although bus service provides public transportation on 24 routes throughout Lexington. You can pay a daily fare or obtain a seasonal pass. LexTrans provides bus service to the Blue Grass Airport located close to the central core of Lexington. The airport offers nonstop service to New York/Newark and 14 other airports in the U.S. for convenient connections or destinations. You’ll find rental cars and shuttles at the airport. The city also has a Greyhound Bus Station, and the nearest Amtrack connection is in Maysville, to the north of Lexington.

What is the Lexington commute like?

The New Circle Road in Lexington provides a 360 degree way to travel the city on a freeway. The balance of roadways are streets and arterials in the area. Traffic builds during rush hour, but once it’s over, traffic runs smoothly. The I-75 runs on the east side of Lexington and Interstate 64 connects Lexington and Louisville, the largest city in Kentucky.

What are the local media outlets?

Five broadcast television stations are available in Lexington that include WLEX-TV (Channel 18-NBC), WKYT-TV (Channel 27-CBS), WTVQ-TV (Channel 36-ABC), WDKY-TV (Channel 56-FOX) and KET (Channel 46-Kentucky Educational Television). WLAP AM is a politically conservative news-talk radio station. WUKY FM 91.3 is the public radio station in Lexington. WVLK AM is a news-talk radio station serving Lexington listeners. The local daily newspaper is the Lexington Herald Leader.

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!

What Lexington landmarks should I see?

McDonnell Springs is the 21+ acre site where the news about the American Revolution broke that offers guided history and nature tours year-round. The University of Kentucky lies just south of the core of Lexington on 716 acres and is home to 26,000 students.

What is there to do around Lexington?

Entertainment in Lexington runs the gamut from collegiate sports to the fine and folk arts. As the host city for the Kentucky Derby and the University of Kentucky, you’ll find plenty of nightlife. The city itself offers many hiking, walking and cycling trails. The Legacy Trail takes cyclists and walkers on a 10-mile trail from the Lexington YMCA to the Kentucky Horse Park.

Any annual festivals or Lexington events to know?

From the end of April to mid-May, horse racing dominates the scene in Lexington. It starts with the Rolex Kentucky, an equestrian event that showcases dressage, show jumping and cross country. The Kentucky Derby, the first leg of the Triple Crown, follows in May. Over 1.5 million people take part in the local celebration that includes races and concerts. The incredible spectacle takes place in Lexington and over the airwaves around the world.

Where are the nearby vacation spots?

Not only does the Kentucky Bourbon Trail offer beautiful scenery and tours of local whiskey distilleries and vineyards, you can find charming bed and breakfasts in historic southern mansions or simple cabins in the woods. The trail is within an easy drive on the Blue Grass Trail and starts in Bardstown.

Where is the best place to move in Lexington?

Chevy Chase-Ashland Park, neighbors the University of Kentucky to the east, and offers abundant shopping, transportation, entertainment and dining. Apartment homes in this area range from resort-style to classic apartments with indoor/outdoor access. Lansdowne lies just south of the University where you’ll find comfortable apartments and townhomes close to all of the amenities in this area, along with luxury community features for your year-round enjoyment. Both Chevy Chase-Ashland Park and Lansdowne are within an easy drive of Xerox, the area’s second largest employer. These neighborhoods in Lexington lie within walking or cycling distance to the University of Kentucky, Lexington’s largest employer, where 12,500 people work as faculty and staff.

Pet Friendly Lifestyle
Lexington, KY

Ranked #3

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

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See the most popular apartments and homes in Lexington, KY

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Lexington, KY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Catrina • 4+ 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 Lexington

How much are Studio apartments in Lexington?

There are currently 559 Studio Apartments in Lexington with rent ranges from $625 to $1,769 with an average price of $1,151.

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

Today's rental pricing for One Bedroom Apartments in Lexington ranges from $610 to $3,199 with an average monthly rent of $1,234.

What does renting a Two Bedroom Apartment in Lexington cost?

The monthly rent prices of Two Bedroom Apartments currently available in Lexington range from $805 to $5,699. Today's average rental price for Two Bedrooms here is $1,515.

How expensive are Lexington Three Bedroom Apartments?

There are currently 151 Three Bedroom Apartments listings available in Lexington on ApartmentHomeLiving.com. The pricing ranges from $854 to $3,320 - averaging $1,900 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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.