Cheap Apartments for Rent in 40504
116 rentals
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Use arrow keys to navigateSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$750 - $875/mo
Studio-1 Bed
1 BathEmerson Center Senior Apartments - 62 & Older | 2050 Garden Springs Dr,
Lexington, KY 40504
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SPECIAL OFFERPET FRIENDLY$945 - $1,130/mo1-2 Beds1 BathPrime Cambridge (formerly 1901 Apartments) | 1909 Cambridge Dr,
Lexington, KY 40504
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SPECIAL OFFERPET FRIENDLY$1,135 - $1,490/mo2-4 Beds2 BathsPrime Devonport (formerly 2220 Apartments) | 2220 Devonport Dr,
Lexington, KY 40504
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Average Rent Trends in 40504
Rent in 40504 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,595 |
| Jan 2026 | $1,500 |
| Feb 2026 | $1,350 |
| Mar 2026 | $1,350 |
| Apr 2026 | $1,350 |
| May 2026 | $1,450 |
| Jun 2026 | $1,500 |
| Jul 2026 | $1,600 |
| Aug 2026 | $1,500 |
| Sep 2026 | $1,500 |
| Oct 2026 | $2,000 |
| Nov 2026 | $1,750 |
Average Rent By Bedroom and Home Type
In November 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 | $925 | $1,150 | $1,800 | $2,600 | $1,717 |
| Townhomes | — | $995 | $1,750 | — | $1,350 |
| Apartments and Condos | $795 | $1,375 | $1,750 | $1,650 | $1,350 |
| Houses | $695 | $1,400 | $2,400 | $2,800 | $2,625 |
Frequently Asked Questions about Cheap Apartments for rent in 40504
- How many cheap apartments are for rent in 40504?Trulia currently lists 274 cheap apartments for rent in 40504.
- How much do cheap apartments in 40504 rent for?Rents for cheap apartments in 40504 range from $700 to $6,250 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 40504, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 40504?This page sorts apartments in 40504 from lowest rent up, starting at $700 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 40504 - 274 Rentas | Trulia