Apartments in 40505
25 rentals
- PET FRIENDLY$975 - $1,090/mo1-2 Beds1 BathRevive 1749 - All Utilities Incl | 1749 Liberty Rd,
Lexington, KY 40505 - SPECIAL OFFERPET FRIENDLYTotal price$1,035 - $1,255/mo1-2 Beds1 BathGatehouse Apartments | 1825 Liberty Rd,
Lexington, KY 40505 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
- NEW - 1 DAY AGO
- NEW - 2 DAYS AGOPET FRIENDLY
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Apartments For Rent Near 40505
We found 30 more apartments matching your filters just outside 40505
- SPECIAL OFFERPET FRIENDLY
- INCOME RESTRICTED
- NEW - 1 HR AGOPET FRIENDLY$1,058 - $1,179/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd,
Lexington, KY 40509 - PET FRIENDLY$1,356 - $2,192/mo1-3 Beds1-2 BathsThe Retreat at Hamburg Place Apartments | 2365 Sir Barton Way,
Lexington, KY 40509 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,488 - $2,076/mo1-3 Beds1-2 BathsWaterstone at Hamburg Apartments | 2785 Polo Club Blvd,
Lexington, KY 40509 - PET FRIENDLY
- SENIOR HOUSINGPET FRIENDLY
- $1,339 - $2,516/moStudio-3 Beds1-2 BathsSprings at Polo Club | 1840 Little Herb Way,
Lexington, KY 40509 - $1,245 - $1,345/moStudio1 BathStudios180 Short/Long Term Leases | 180 N Martin Luther King Blvd,
Lexington, KY 40507 - $1,299 - $1,949/moStudio-2 Beds1-2 BathsFIFTEEN51 Apartments of Lexington | 1551 Aristides Blvd,
Lexington, KY 40511
Average Rent Trends in 40505
Rent in 40505 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Sep 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $907 |
| Nov 2025 | $942 |
| Dec 2025 | $938 |
| Jan 2026 | $940 |
| Feb 2026 | $966 |
| Mar 2026 | $1,028 |
| Apr 2026 | $899 |
| May 2026 | $919 |
| Jun 2026 | $950 |
| Jul 2026 | $948 |
| Aug 2026 | $972 |
| Sep 2026 | $950 |
Average Rent By Bedroom and Home Type
In September 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 | $911 | $1,111 | $1,797 | $2,395 | $1,400 |
| Townhomes | $1,100 | $1,080 | $1,600 | ā | $1,100 |
| Apartments and Condos | $799 | $999 | $1,150 | ā | $995 |
| Houses | ā | $1,300 | $1,845 | $2,395 | $1,845 |
Frequently Asked Questions about Apartments and Condos for rent in 40505
- What is the average rent of an apartment in 40505?The average rent of an apartment in 40505 is $967 per month. This is about 50% lower than the national average.
- When is the average rent for an apartment cheapest in 40505?In the last year, the average rent in 40505 was lowest in Apr 2025 when it was $845 per month.
- When is the average rent for an apartment most expensive in 40505?In the last year, the average rent in 40505 was highest in Aug 2025 when it was $955 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40505?The average rent of a 1 bedroom apartment in 40505 is $886 per month. That is about $286 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 40505?There are 24 available apartments or condos to rent in 40505.
- What are some cities near 40505?Some nearby cities include: Lexington, Georgetown, Nicholasville, Midway, Versailles, Paris. These cities may have more rental options to explore.
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