Cheap Apartments for Rent in 40505
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1-2 Beds
1 BathRevive 1749 - All Utilities Incl | 1749 Liberty Rd,
Lexington, KY 40505
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SPECIAL OFFERPET FRIENDLYTotal price$1,035 - $1,255/mo1-2 Beds1 BathGatehouse Apartments | 1825 Liberty Rd,
Lexington, KY 40505
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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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,385 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,495 |
| Mar 2026 | $1,440 |
| Apr 2026 | $1,300 |
| May 2026 | $1,190 |
| Jun 2026 | $1,350 |
| Jul 2026 | $1,195 |
| Aug 2026 | $1,350 |
| Sep 2026 | $1,588 |
Average Rent By Bedroom and Home Type
In October 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 | — | $1,100 |
| Apartments and Condos | $799 | $999 | $1,150 | — | $995 |
| Houses | — | $1,300 | $1,845 | $2,395 | $1,845 |
Frequently Asked Questions about Rentals 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.
- What are the cheapest months to find an apartment to rent in 40505?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $985 per month.
- How many cheap apartments are available in 40505?There are 31 apartments to rent that are cheaper than the city’s average rent of $1,400.
- When is the average rent most expensive in 40505?In the last year, the average rent in 40505 was highest in Mar 2025 when it was $1,450 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 $911 per month. That is about $311 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 40505 - 78 Rentas | Trulia