Cheap Apartments for Rent in 40503
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- NEW - 1 DAY AGOPET FRIENDLY$1,103 - $1,546/mo1-3 Beds1-2 BathsBridle Creek Apartments | 3800 Nicholasville Rd,
Lexington, KY 40503 Save Search in 40503
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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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,800 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,800 |
| May 2026 | $2,000 |
| Jun 2026 | $2,150 |
| Jul 2026 | $1,947 |
| Aug 2026 | $1,870 |
| Sep 2026 | $1,890 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,115 | $1,375 | $2,100 | $2,800 | $2,000 |
| Townhomes | — | $1,350 | $2,150 | — | $1,600 |
| Apartments and Condos | $775 | $1,295 | $1,900 | $4,000 | $1,600 |
| Houses | — | $1,395 | $2,150 | $2,500 | $2,356 |
Frequently Asked Questions about Rentals in 40503
- What is the average rent of an apartment in 40503?The average rent of an apartment in 40503 is $1,757 per month. This is about 10% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40503?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,699 per month.
- How many cheap apartments are available in 40503?There are 45 apartments to rent that are cheaper than the city’s average rent of $2,000.
- When is the average rent most expensive in 40503?In the last year, the average rent in 40503 was highest in Jun 2025 when it was $2,000 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40503?The average rent of a 1 bedroom apartment in 40503 is $1,115 per month. That is about $200 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 40503 - 158 Rentas | Trulia