Apartments in 40502
64 rentals
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SPECIAL OFFERPET FRIENDLYFURNISHED$1,145 - $1,585/mo
1-2 Beds
1-2 BathsThe Reserve at Merrick Apartments & Townhomes | 3300 Montavesta Rd,
Lexington, KY 40502
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Average Rent Trends in 40502
Rent in 40502 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Nov 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,280 |
| Jan 2026 | $1,449 |
| Feb 2026 | $1,329 |
| Mar 2026 | $1,387 |
| Apr 2026 | $1,432 |
| May 2026 | $1,463 |
| Jun 2026 | $1,364 |
| Jul 2026 | $1,277 |
| Aug 2026 | $1,475 |
| Sep 2026 | $1,449 |
| Oct 2026 | $1,409 |
| Nov 2026 | $1,402 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,020 | $1,350 | $2,050 | $2,800 | $1,439 |
| Townhomes | $850 | $1,792 | $1,895 | — | $1,792 |
| Apartments and Condos | $1,020 | $1,350 | $1,661 | $4,000 | $1,250 |
| Houses | — | $900 | $2,400 | $2,650 | $2,433 |
Frequently Asked Questions about Apartments and Condos for rent in 40502
- What is the average rent of an apartment in 40502?The average rent of an apartment in 40502 is $1,405 per month.
- When is the average rent for an apartment cheapest in 40502?In 2025, the average rent for an apartment in 40502 was lowest in March when it was $1,041 per month.
- When is the average rent for an apartment most expensive in 40502?In 2025, the average rent for an apartment in 40502 was highest in July when it was $1,597 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40502?The average rent of a 1 bedroom apartment in 40502 is $1,068 per month. That is about $92 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in 40502?There are 69 available apartments or condos to rent in 40502.
- What are some cities near 40502?Some nearby cities include: Lexington, Nicholasville, Versailles, Wilmore, Midway, Georgetown. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 40502 - 155 Apartamentos | Trulia