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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,495 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | — |
| All | $1,607 |
As of August 2026, the average rent for a 1 bedroom townhome in Lexington, KY is $900 per month, followed by $1,495 for a 2 bedroom townhome, and $1,750 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,595 |
| 4 Bedrooms | $2,000 |
| All | $1,400 |
As of August 2026, the average rent for a 1 bedroom apartment in Lexington, KY is $1,000 per month, followed by $1,450 for a 2 bedroom apartment, $1,595 for a 3 bedroom apartment, and $2,000 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,195 |
| 2 Bedrooms | $1,690 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $2,500 |
| All | $2,050 |
As of August 2026, the average rent for a 1 bedroom house in Lexington, KY is $1,195 per month, followed by $1,690 for a 2 bedroom house, $1,950 for a 3 bedroom house, and $2,500 for a 4 bedroom house.
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.