What's the average rent in Lexington, KY?
Rental Market Trends in Lexington, KY
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Lexington, KY is $1,600 per month, which is 17% lower than the national average rent of $1,930 per month.
AVERAGE RENT
$1,600
0.0%No change month over month
2.2%$35 increase year-over-year
AVAILABLE RENTALS
711
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Lexington, KY at $1,189 per month, while houses are the most expensive at $1,975 per month. Townhomes average $1,650 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,408 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | $2,495 |
| All | $1,600 |
As of May 2026, the average rent for a 1 bedroom rental in Lexington, KY is $980 per month, followed by $1,408 for a 2 bedroom rental, $1,850 for a 3 bedroom rental, and $2,495 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $1,800 |
| All | $1,650 |
As of May 2026, the average rent for a 1 bedroom townhome in Lexington, KY is $900 per month, followed by $1,500 for a 2 bedroom townhome, $1,800 for a 3 bedroom townhome, and $1,800 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $895 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $1,800 |
| All | $1,200 |
As of May 2026, the average rent for a 1 bedroom apartment in Lexington, KY is $895 per month, followed by $1,350 for a 2 bedroom apartment, $1,800 for a 3 bedroom apartment, and $1,800 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,895 |
| 4 Bedrooms | $2,495 |
| All | $1,995 |
As of May 2026, the average rent for a 1 bedroom house in Lexington, KY is $850 per month, followed by $1,450 for a 2 bedroom house, $1,895 for a 3 bedroom house, and $2,495 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +3% compared to the previous year, which is a +$50 increase.
This year (2026)
Last year (2025)
Rent distribution
38% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $525 to $8,900.