What's the average rent in Lexington, KY?

Rental Market Trends in Lexington, KY

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Lexington, KY is $1,686 per month, which is 13% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,686
-5.3%
-$95 decrease month-over-month
-3.7%
-$64 decrease year-over-year

AVAILABLE RENTALS

918

APARTMENTS

$1,350

HOUSES

$2,100

TOWNHOUSES

$1,680
As of October 2026, apartments are the most affordable rental option in Lexington, KY at $1,350 per month, while houses are the most expensive at $2,100 per month. Townhomes average $1,680 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,041
2 Bedrooms$1,395
3 Bedrooms$1,895
4 Bedrooms$2,562
All$1,686
As of October 2026, the average rent for a 1 bedroom rental in Lexington, KY is $1,041 per month, followed by $1,395 for a 2 bedroom rental, $1,895 for a 3 bedroom rental, and $2,562 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by 0% compared to the previous year, which is a $7 decrease.
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 $585 to $6,250.
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