What's the average rent in Lexington, KY?

Rental Market Trends in Lexington, KY

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

$1,189

HOUSES

$1,975

TOWNHOUSES

$1,650
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 typeAverage 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.

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.
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