Apartments in 40503

20 rentals

Apartments For Rent Near 40503

We found 30 more apartments matching your filters just outside 40503

Average Rent Trends in 40503

Rent in 40503 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
Sep 2025$1,368
Oct 2025$2,250
Nov 2025$1,349
Dec 2025$1,297
Jan 2026$1,412
Feb 2026$1,312
Mar 2026$1,198
Apr 2026$1,346
May 2026$1,262
Jun 2026$1,948
Jul 2026$2,086
Aug 2026$2,650
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Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,180$1,495$1,950$2,300$1,850
Townhomes—$1,150$1,900—$1,550
Apartments and Condos$1,180$1,495$1,950—$1,495
Houses—$1,690$1,950$2,300$2,017

Frequently Asked Questions about Apartments and Condos for rent in 40503

  • What is the average rent of an apartment in 40503?
    The average rent of an apartment in 40503 is $2,649 per month. This is about 35% higher than the national average.
  • When is the average rent for an apartment cheapest in 40503?
    In the last year, the average rent in 40503 was lowest in Dec 2025 when it was $1,297 per month.
  • When is the average rent for an apartment most expensive in 40503?
    In the last year, the average rent in 40503 was highest in Oct 2025 when it was $2,250 per month.
  • How many apartments or condos are available to rent in 40503?
    There are 16 available apartments or condos to rent in 40503.
  • What are some cities near 40503?
    Some nearby cities include: Lexington, Nicholasville, Versailles, Wilmore, Midway, Georgetown. These cities may have more rental options to explore.