Cheap Apartments for Rent in 40504
68 rentals
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- SENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$750 - $875/moStudio-1 Bed1 BathEmerson Center Senior Apartments - 62 & Older | 2050 Garden Springs Dr #00caebeb2,
Lexington, KY 40504 - PET FRIENDLY
- PET FRIENDLY
- $925 - $1,195/mo1-2 Beds1 Bath1344 Royalty Court | 1344 Royalty Ct #1B-1Ba-670Sqft,
Lexington, KY 40504 - $995 - $1,195/mo1-2 Beds1 BathThe Vue Lexington | 2070 Garden Springs Dr #LS-C27,
Lexington, KY 40504 - $1,095 - $1,295/mo1-2 Beds1 BathTrifecta on Red Mile | 700 Red Mile Rd #d919055a9,
Lexington, KY 40504 - $1,255 - $1,355/moStudio1 BathStudios340 - All Inclusive Pricing | 340 Legion Dr #0B-1Ba-350Sqft,
Lexington, KY 40504 - $1,324 - $2,577/moStudio-2 Beds1-2 BathsGateway Lofts Lexington | 380 Virginia Ave #430,
Lexington, KY 40504 Save Search in 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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,300 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,295 |
| Oct 2025 | $1,700 |
| Nov 2025 | $1,600 |
| 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 |
Average Rent By Bedroom and Home Type
In July 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 | $875 | $1,250 | $1,736 | $2,200 | $1,624 |
| Townhomes | — | $1,500 | $1,800 | $2,300 | $1,800 |
| Apartments and Condos | $850 | $1,195 | $1,650 | $2,000 | $1,195 |
| Houses | $995 | $2,000 | $1,750 | $2,200 | $2,000 |
Frequently Asked Questions about Rentals in 40504
- What is the average rent of an apartment in 40504?The average rent of an apartment in 40504 is $1,105 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in 40504?In the last year, the average rent in 40504 was lowest in May 2025 when it was $1,150 per month.
- When is the average rent most expensive in 40504?In the last year, the average rent in 40504 was highest in Oct 2025 when it was $1,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40504?The average rent of a 1 bedroom apartment in 40504 is $875 per month. That is about $430 less than the cost of a studio apartment.
- How many available rental listings are in 40504?There are 73 available rental listings in 40504.
- What are some cities near 40504?Some nearby cities include: Lexington, Versailles, Nicholasville, Midway, Georgetown, Wilmore. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40504 - 178 Rentas | Trulia