What's the average rent in Lexington, KY?

Rental Market Trends in Lexington, KY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Lexington, KY is $1,695 per month, which is 14% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,695
1.4%
$23 increase month-over-month
-3.1%
-$55 decrease year-over-year

AVAILABLE RENTALS

719

APARTMENTS

$1,325

HOUSES

$2,050

TOWNHOUSES

$1,607
As of August 2026, apartments are the most affordable rental option in Lexington, KY at $1,325 per month, while houses are the most expensive at $2,050 per month. Townhomes average $1,607 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,117
2 Bedrooms$1,450
3 Bedrooms$1,850
4 Bedrooms$2,500
All$1,695
As of August 2026, the average rent for a 1 bedroom rental in Lexington, KY is $1,117 per month, followed by $1,450 for a 2 bedroom rental, $1,850 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -6% compared to the previous year, which is a $114 decrease.
This year (2026)
Last year (2025)

Rent distribution

42% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $600 to $6,250.
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